Principal Financial Group Inc. Has $268,000 Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Principal Financial Group Inc. lessened its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 16.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 158 shares of the insurance provider’s stock after selling 31 shares during the period. Principal Financial Group Inc.’s holdings in White Mountains Insurance Group were worth $268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of WTM. Barclays PLC raised its holdings in White Mountains Insurance Group by 101.9% during the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider’s stock worth $1,953,000 after acquiring an additional 581 shares in the last quarter. HighTower Advisors LLC lifted its holdings in White Mountains Insurance Group by 579.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider’s stock worth $2,646,000 after purchasing an additional 1,332 shares during the last quarter. Reinhart Partners LLC. boosted its stake in White Mountains Insurance Group by 3.9% in the 3rd quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider’s stock valued at $66,778,000 after purchasing an additional 1,490 shares during the period. Lecap Asset Management Ltd. bought a new stake in White Mountains Insurance Group in the 3rd quarter valued at $502,000. Finally, XTX Topco Ltd acquired a new position in White Mountains Insurance Group in the 3rd quarter valued at $678,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 0.6 %

WTM opened at $1,923.30 on Tuesday. The stock has a fifty day moving average of $1,926.26 and a 200-day moving average of $1,820.44. The company has a market capitalization of $4.94 billion, a P/E ratio of 7.61 and a beta of 0.46. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,477.00 and a fifty-two week high of $2,023.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

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.