Teacher Retirement System of Texas Has $722,000 Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Teacher Retirement System of Texas trimmed its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 18.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 375 shares of the insurance provider’s stock after selling 86 shares during the period. Teacher Retirement System of Texas’ holdings in White Mountains Insurance Group were worth $722,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in shares of White Mountains Insurance Group by 24.6% in the 4th quarter. Farther Finance Advisors LLC now owns 167 shares of the insurance provider’s stock valued at $325,000 after purchasing an additional 33 shares in the last quarter. Glenview Trust co acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at approximately $214,000. Boston Partners boosted its position in White Mountains Insurance Group by 0.4% in the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider’s stock valued at $165,820,000 after buying an additional 348 shares in the last quarter. Xponance Inc. bought a new stake in shares of White Mountains Insurance Group during the fourth quarter worth $233,000. Finally, Sei Investments Co. increased its holdings in shares of White Mountains Insurance Group by 29.4% during the fourth quarter. Sei Investments Co. now owns 3,217 shares of the insurance provider’s stock worth $6,259,000 after buying an additional 731 shares in the last quarter. 88.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 13th.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,799.04 on Wednesday. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of 165.81 and a beta of 0.36. White Mountains Insurance Group, Ltd. has a twelve month low of $1,666.22 and a twelve month high of $2,023.00. The company’s fifty day moving average is $1,787.83 and its 200 day moving average is $1,826.60. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.13.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts’ consensus estimates of ($14.00) by ($6.50). White Mountains Insurance Group had a net margin of 1.29% and a return on equity of 5.01%. The company had revenue of $472.20 million during the quarter.

White Mountains Insurance Group 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.