LPL Financial LLC Buys 107 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

LPL Financial LLC lifted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 6.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,870 shares of the insurance provider’s stock after purchasing an additional 107 shares during the period. LPL Financial LLC owned 0.07% of White Mountains Insurance Group worth $3,602,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. GeoWealth Management LLC boosted its position in shares of White Mountains Insurance Group by 26.9% in the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock worth $64,000 after purchasing an additional 7 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in White Mountains Insurance Group by 5.4% during the fourth quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider’s stock worth $266,000 after acquiring an additional 7 shares in the last quarter. Private Trust Co. NA lifted its holdings in White Mountains Insurance Group by 87.5% during the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock worth $29,000 after acquiring an additional 7 shares in the last quarter. Bessemer Group Inc. lifted its holdings in White Mountains Insurance Group by 10.6% during the first quarter. Bessemer Group Inc. now owns 94 shares of the insurance provider’s stock worth $181,000 after acquiring an additional 9 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in White Mountains Insurance Group by 3.7% during the first quarter. Cetera Investment Advisers now owns 252 shares of the insurance provider’s stock worth $485,000 after acquiring an additional 9 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded 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

WTM stock opened at $1,765.61 on Friday. The business’s 50-day moving average price is $1,785.03 and its two-hundred day moving average price is $1,811.18. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The firm has a market cap of $4.56 billion, a PE ratio of 22.11 and a beta of 0.37. White Mountains Insurance Group, Ltd. has a 1-year low of $1,678.87 and a 1-year high of $2,023.00.

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.