Fifth Third Bancorp Acquires 11 Shares of White Mountains Insurance Group, Ltd. $WTM

Fifth Third Bancorp raised its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 183.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17 shares of the insurance provider’s stock after purchasing an additional 11 shares during the quarter. Fifth Third Bancorp’s holdings in White Mountains Insurance Group were worth $31,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Fiduciary Management Inc. WI increased its stake in White Mountains Insurance Group by 46.2% during the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock valued at $138,264,000 after purchasing an additional 22,681 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in White Mountains Insurance Group by 8.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider’s stock valued at $120,298,000 after purchasing an additional 4,711 shares in the last quarter. Cooke & Bieler LP increased its stake in White Mountains Insurance Group by 60.4% during the 1st quarter. Cooke & Bieler LP now owns 54,652 shares of the insurance provider’s stock valued at $105,249,000 after purchasing an additional 20,582 shares in the last quarter. Reinhart Partners LLC. increased its stake in White Mountains Insurance Group by 11.0% during the 1st quarter. Reinhart Partners LLC. now owns 42,478 shares of the insurance provider’s stock valued at $81,804,000 after purchasing an additional 4,206 shares in the last quarter. Finally, Select Equity Group L.P. increased its stake in White Mountains Insurance Group by 1.4% during the 1st quarter. Select Equity Group L.P. now owns 27,999 shares of the insurance provider’s stock valued at $53,921,000 after purchasing an additional 400 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Price Performance

WTM stock opened at $1,842.21 on Friday. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,023.00. The company’s fifty day moving average price is $1,778.56 and its 200-day moving average price is $1,786.36. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $4.74 billion, a PE ratio of 23.07 and a beta of 0.31.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of White Mountains Insurance Group in a research note on Saturday, September 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.