The White Mountains Insurance Group Ltd. (WTM) Stake Decreased by BlackRock Advisors LLC

The White Mountains Insurance Group Ltd. (WTM) Stake Decreased by BlackRock Advisors LLC

BlackRock Advisors LLC decreased its stake in White Mountains Insurance Group Ltd. (NYSE:WTM) by 5.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,541 shares of the company’s stock after selling 143 shares during the period. BlackRock Advisors LLC’s holdings in White Mountains Insurance Group were worth $2,109,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in White Mountains Insurance Group by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 45,870 shares of the company’s stock valued at $38,621,000 after buying an additional 324 shares in the last quarter. Atlanta Capital Management Co. L L C boosted its stake in White Mountains Insurance Group by 12.3% in the second quarter. Atlanta Capital Management Co. L L C now owns 44,856 shares of the company’s stock valued at $37,769,000 after buying an additional 4,925 shares in the last quarter. Wells Fargo & Company MN boosted its stake in White Mountains Insurance Group by 5.9% in the third quarter. Wells Fargo & Company MN now owns 34,424 shares of the company’s stock valued at $28,572,000 after buying an additional 1,915 shares in the last quarter. Hermes Investment Management Ltd. boosted its stake in White Mountains Insurance Group by 9.6% in the third quarter. Hermes Investment Management Ltd. now owns 25,172 shares of the company’s stock valued at $20,893,000 after buying an additional 2,204 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in White Mountains Insurance Group by 20.3% in the second quarter. Parametric Portfolio Associates LLC now owns 21,463 shares of the company’s stock valued at $18,072,000 after buying an additional 3,627 shares in the last quarter. Hedge funds and other institutional investors own 85.46% of the company’s stock.

White Mountains Insurance Group Ltd. (NYSE:WTM) traded up 0.99% during mid-day trading on Thursday, hitting $872.45. The company had a trading volume of 45,152 shares. White Mountains Insurance Group Ltd. has a 12 month low of $689.31 and a 12 month high of $892.69. The firm has a market capitalization of $3.92 billion, a P/E ratio of 6.41 and a beta of 0.48. The company has a 50-day moving average price of $848.64 and a 200 day moving average price of $832.34.

Separately, Zacks Investment Research upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 11th.

In other White Mountains Insurance Group news, Chairman Raymond Joseph Rene Barrette sold 2,000 shares of the business’s stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $867.89, for a total transaction of $1,735,780.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 6.30% of the stock is currently owned by insiders.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is an insurance holding company. The Company’s segments include OneBeacon, HG Global/BAM and Other Operations. Its principal businesses are conducted through its insurance, reinsurance and insurance services subsidiaries and affiliates. Its OneBeacon segment consists of OneBeacon Insurance Group, Ltd., which owns a family of property and casualty insurance companies (collectively, OneBeacon).

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