Robeco Institutional Asset Management B.V. Has $28.82 Million Stock Position in White Mountains Insurance Group, Ltd. $WTM

by · The Cerbat Gem

Robeco Institutional Asset Management B.V. lessened its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 3.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,239 shares of the insurance provider’s stock after selling 583 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in White Mountains Insurance Group were worth $28,815,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in WTM. Wedbush Securities Inc. grew its stake in White Mountains Insurance Group by 2.9% in the 2nd quarter. Wedbush Securities Inc. now owns 211 shares of the insurance provider’s stock valued at $379,000 after purchasing an additional 6 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in White Mountains Insurance Group by 6.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 105 shares of the insurance provider’s stock worth $189,000 after purchasing an additional 6 shares in the last quarter. CWM LLC grew its position in White Mountains Insurance Group by 34.8% during the 2nd quarter. CWM LLC now owns 31 shares of the insurance provider’s stock valued at $56,000 after purchasing an additional 8 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of White Mountains Insurance Group by 1.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 476 shares of the insurance provider’s stock worth $796,000 after buying an additional 8 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of White Mountains Insurance Group by 3.6% in the second quarter. Cetera Investment Advisers now owns 261 shares of the insurance provider’s stock valued at $469,000 after acquiring an additional 9 shares in the last quarter. Institutional investors own 88.65% of the company’s stock.

Insider Buying and Selling at White Mountains Insurance Group

In related news, Director Philip A. Gelston sold 165 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total value of $338,004.15. Following the transaction, the director directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.20% of the stock is owned by company insiders.

White Mountains Insurance Group Stock Up 0.5%

Shares of WTM stock opened at $2,057.86 on Thursday. The stock’s fifty day moving average price is $2,001.45 and its 200 day moving average price is $1,874.49. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,143.25. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 37.87 and a beta of 0.35. 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 – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The insurance provider reported $72.21 earnings per share for the quarter, topping the consensus estimate of $57.00 by $15.21. The business had revenue of $864.20 million during the quarter. White Mountains Insurance Group had a return on equity of 7.19% and a net margin of 5.63%.

Analysts Set New Price Targets

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

Get Our Latest Report on White Mountains Insurance Group

White Mountains Insurance Group Profile

(Free Report)

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.

See Also

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