Vanguard Group Inc. Has $481.68 Million Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Vanguard Group Inc. trimmed its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 250,116 shares of the insurance provider’s stock after selling 1,623 shares during the quarter. Vanguard Group Inc. owned about 9.72% of White Mountains Insurance Group worth $481,676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Atria Wealth Solutions Inc. acquired a new stake in shares of White Mountains Insurance Group in the first quarter valued at about $406,000. LPL Financial LLC grew its position in shares of White Mountains Insurance Group by 6.1% in the first quarter. LPL Financial LLC now owns 1,870 shares of the insurance provider’s stock valued at $3,602,000 after purchasing an additional 107 shares during the last quarter. TD Asset Management Inc grew its position in shares of White Mountains Insurance Group by 15.4% in the first quarter. TD Asset Management Inc now owns 1,592 shares of the insurance provider’s stock valued at $3,066,000 after purchasing an additional 212 shares during the last quarter. Equitable Trust Co. grew its position in shares of White Mountains Insurance Group by 15.0% in the first quarter. Equitable Trust Co. now owns 553 shares of the insurance provider’s stock valued at $1,065,000 after purchasing an additional 72 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of White Mountains Insurance Group by 3.7% in the first quarter. Cetera Investment Advisers now owns 252 shares of the insurance provider’s stock valued at $485,000 after purchasing an additional 9 shares during the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Trading Down 1.3%

Shares of NYSE:WTM opened at $1,845.96 on Friday. The company has a market cap of $4.76 billion, a P/E ratio of 23.12 and a beta of 0.37. The stock’s 50-day moving average is $1,786.08 and its 200-day moving average is $1,812.24. White Mountains Insurance Group, Ltd. has a 52-week low of $1,678.87 and a 52-week high of $2,023.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81.

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.