Geode Capital Management LLC Has $86.30 Million Stock Holdings in White Mountains Insurance Group, Ltd. $WTM

Geode Capital Management LLC decreased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,518 shares of the insurance provider’s stock after selling 572 shares during the quarter. Geode Capital Management LLC owned approximately 1.63% of White Mountains Insurance Group worth $86,296,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Legacy Wealth Asset Management LLC lifted its holdings in White Mountains Insurance Group by 1.6% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider’s stock valued at $650,000 after purchasing an additional 5 shares during the last quarter. NewEdge Wealth LLC lifted its holdings in White Mountains Insurance Group by 4.3% during the 4th quarter. NewEdge Wealth LLC now owns 122 shares of the insurance provider’s stock valued at $254,000 after purchasing an additional 5 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in White Mountains Insurance Group by 19.4% during the 4th quarter. Clearstead Advisors LLC now owns 37 shares of the insurance provider’s stock valued at $77,000 after purchasing an additional 6 shares during the last quarter. Bank of Nova Scotia lifted its holdings in White Mountains Insurance Group by 3.1% during the 3rd quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider’s stock valued at $338,000 after purchasing an additional 6 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in White Mountains Insurance Group by 25.0% during the 3rd quarter. Allworth Financial LP now owns 35 shares of the insurance provider’s stock valued at $59,000 after purchasing an additional 7 shares during the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Zacks Research raised White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Wall Street Zen cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings cut White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, White Mountains Insurance Group currently has an average rating of “Moderate Buy”.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $2,066.96 on Monday. The firm has a 50 day moving average of $2,179.04 and a 200-day moving average of $2,127.66. The stock has a market capitalization of $5.12 billion, a PE ratio of 5.08 and a beta of 0.29. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The firm had revenue of $517.80 million during the quarter, compared to analyst estimates of $515.40 million. White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. On average, equities research analysts predict that White Mountains Insurance Group, Ltd. will post 115 EPS for the current fiscal year.

White Mountains Insurance Group 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.