Russell Investments Group Ltd. Cuts Position in White Mountains Insurance Group, Ltd. $WTM

Russell Investments Group Ltd. lessened its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 15.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116 shares of the insurance provider’s stock after selling 21 shares during the period. Russell Investments Group Ltd.’s holdings in White Mountains Insurance Group were worth $223,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. GAMMA Investing LLC boosted its stake in shares of White Mountains Insurance Group by 276,054.7% in the 1st quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider’s stock worth $281,865,000 after buying an additional 146,309 shares during the last quarter. Cooke & Bieler LP boosted its stake in shares of White Mountains Insurance Group by 60.4% in the 1st quarter. Cooke & Bieler LP now owns 54,652 shares of the insurance provider’s stock worth $105,249,000 after buying an additional 20,582 shares during the last quarter. Reinhart Partners LLC. boosted its stake in shares of White Mountains Insurance Group by 11.0% in the 1st quarter. Reinhart Partners LLC. now owns 42,478 shares of the insurance provider’s stock worth $81,804,000 after buying an additional 4,206 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of White Mountains Insurance Group by 7.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 24,857 shares of the insurance provider’s stock worth $47,278,000 after buying an additional 1,621 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of White Mountains Insurance Group by 12.1% in the 4th quarter. Northern Trust Corp now owns 18,071 shares of the insurance provider’s stock worth $35,149,000 after buying an additional 1,957 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised 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 Up 0.4%

WTM opened at $1,837.22 on Wednesday. The company has a fifty day moving average price of $1,800.14 and a 200-day moving average price of $1,804.04. The firm has a market capitalization of $4.74 billion, a P/E ratio of 23.01 and a beta of 0.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. White Mountains Insurance Group, Ltd. has a one year low of $1,678.87 and a one 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.