Caprock Group LLC Invests $900,000 in White Mountains Insurance Group, Ltd. $WTM

Caprock Group LLC bought a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 492 shares of the insurance provider’s stock, valued at approximately $900,000.

A number of other institutional investors have also recently bought and sold shares of the business. Oppenheimer Asset Management Inc. raised its stake in shares of White Mountains Insurance Group by 15.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 1,572 shares of the insurance provider’s stock valued at $2,628,000 after buying an additional 209 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in White Mountains Insurance Group by 0.5% in the third quarter. Envestnet Asset Management Inc. now owns 17,591 shares of the insurance provider’s stock valued at $29,404,000 after acquiring an additional 80 shares during the period. WCM Investment Management LLC raised its position in White Mountains Insurance Group by 1.1% in the third quarter. WCM Investment Management LLC now owns 13,235 shares of the insurance provider’s stock worth $22,204,000 after purchasing an additional 138 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in White Mountains Insurance Group during the third quarter worth about $2,950,000. Finally, AGF Management Ltd. boosted its holdings in White Mountains Insurance Group by 33.6% during the third quarter. AGF Management Ltd. now owns 1,780 shares of the insurance provider’s stock valued at $2,975,000 after purchasing an additional 448 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

Insider Activity

In other White Mountains Insurance Group news, Director Philip A. Gelston sold 165 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the sale, the director owned 1,568 shares of the company’s stock, valued at $3,212,063.68. This represents a 9.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.00% of the stock is owned by corporate insiders.

White Mountains Insurance Group Stock Up 0.3%

NYSE WTM opened at $2,189.53 on Monday. The stock’s 50 day simple moving average is $2,071.26 and its 200 day simple moving average is $1,930.83. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,232.50. The firm has a market cap of $5.56 billion, a PE ratio of 5.06 and a beta of 0.36. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.75 and a quick ratio of 0.75.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Friday, February 6th. The insurance provider reported $39.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $379.45 by ($339.68). The business had revenue of $674.40 million during the quarter. White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.41%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Monday, December 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.