White Mountains Insurance Group (NYSE:WTM) Reaches New 1-Year High – Here’s What Happened

White Mountains Insurance Group, Ltd. (NYSE:WTM)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $1,932.81 and last traded at $1,932.81, with a volume of 817 shares traded. The stock had previously closed at $1,923.43.

White Mountains Insurance Group Trading Down 0.2 %

The company has a fifty day simple moving average of $1,794.83 and a two-hundred day simple moving average of $1,776.78. The company has a market capitalization of $4.93 billion, a P/E ratio of 7.60 and a beta of 0.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

Institutional Investors Weigh In On White Mountains Insurance Group

A number of large investors have recently added to or reduced their stakes in the stock. River Road Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 1.6% in the third quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock worth $200,501,000 after buying an additional 1,886 shares during the last quarter. Wallace Capital Management Inc. lifted its position in White Mountains Insurance Group by 1.3% during the 3rd quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider’s stock worth $139,708,000 after acquiring an additional 1,062 shares during the last quarter. Select Equity Group L.P. lifted its position in White Mountains Insurance Group by 18.9% during the 2nd quarter. Select Equity Group L.P. now owns 59,361 shares of the insurance provider’s stock worth $107,886,000 after acquiring an additional 9,430 shares during the last quarter. State Street Corp boosted its holdings in White Mountains Insurance Group by 5.2% during the third quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock valued at $93,082,000 after acquiring an additional 2,714 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of White Mountains Insurance Group by 0.7% in the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock valued at $67,603,000 after purchasing an additional 273 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. 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.