Parallel Advisors LLC Increases Position in White Mountains Insurance Group, Ltd. $WTM

Parallel Advisors LLC increased its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 70.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46 shares of the insurance provider’s stock after purchasing an additional 19 shares during the quarter. Parallel Advisors LLC’s holdings in White Mountains Insurance Group were worth $83,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Private Trust Co. NA grew its stake in White Mountains Insurance Group by 87.5% in the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 7 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in White Mountains Insurance Group by 90.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock valued at $40,000 after acquiring an additional 10 shares during the last quarter. Whipplewood Advisors LLC grew its stake in White Mountains Insurance Group by 866.7% in the 1st quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider’s stock valued at $56,000 after acquiring an additional 26 shares during the last quarter. Finally, WPG Advisers LLC acquired a new stake in White Mountains Insurance Group in the 1st quarter valued at about $75,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM opened at $1,757.84 on Thursday. The stock has a market cap of $4.53 billion, a price-to-earnings ratio of 22.02 and a beta of 0.38. 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’s 50-day moving average price is $1,791.15 and its 200 day moving average price is $1,794.64. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13.

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.