Weston M. Hicks Acquires 1,000 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock

White Mountains Insurance Group, Ltd. (NYSE:WTM) Director Weston M. Hicks purchased 1,000 shares of the company’s stock in a transaction on Friday, November 17th. The stock was acquired at an average cost of $1,480.56 per share, for a total transaction of $1,480,560.00. Following the completion of the purchase, the director now owns 2,306 shares of the company’s stock, valued at approximately $3,414,171.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

White Mountains Insurance Group Price Performance

Shares of WTM opened at $1,465.79 on Tuesday. White Mountains Insurance Group, Ltd. has a 52-week low of $1,278.59 and a 52-week high of $1,617.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.86 and a current ratio of 0.86. The business’s 50 day moving average price is $1,497.33 and its two-hundred day moving average price is $1,479.60. The firm has a market cap of $3.75 billion, a PE ratio of 14.32 and a beta of 0.42.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of institutional investors have recently modified their holdings of WTM. JPMorgan Chase & Co. raised its position in shares of White Mountains Insurance Group by 6.2% during the first quarter. JPMorgan Chase & Co. now owns 2,171 shares of the insurance provider’s stock worth $2,466,000 after purchasing an additional 127 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of White Mountains Insurance Group by 24.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 293 shares of the insurance provider’s stock worth $333,000 after purchasing an additional 58 shares during the period. US Bancorp DE raised its position in shares of White Mountains Insurance Group by 29.1% during the first quarter. US Bancorp DE now owns 133 shares of the insurance provider’s stock worth $151,000 after purchasing an additional 30 shares during the period. HighTower Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the first quarter worth approximately $211,000. Finally, PNC Financial Services Group Inc. raised its position in shares of White Mountains Insurance Group by 202.6% during the first quarter. PNC Financial Services Group Inc. now owns 354 shares of the insurance provider’s stock worth $403,000 after purchasing an additional 237 shares during the period. 86.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on White Mountains Insurance Group in a research note on Thursday, October 5th. They issued a “hold” rating on the stock.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.