Eagle Asset Management Inc. trimmed its position in White Mountains Insurance Group Ltd (NYSE:WTM) by 7.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,412 shares of the insurance provider’s stock after selling 1,031 shares during the period. Eagle Asset Management Inc. owned 0.36% of White Mountains Insurance Group worth $12,159,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Neuberger Berman Group LLC grew its stake in White Mountains Insurance Group by 4.6% in the first quarter. Neuberger Berman Group LLC now owns 1,447 shares of the insurance provider’s stock worth $1,191,000 after purchasing an additional 63 shares during the period. Comerica Bank grew its stake in White Mountains Insurance Group by 8.8% in the first quarter. Comerica Bank now owns 1,052 shares of the insurance provider’s stock worth $905,000 after purchasing an additional 85 shares during the period. First Mercantile Trust Co. grew its stake in White Mountains Insurance Group by 27.3% in the first quarter. First Mercantile Trust Co. now owns 396 shares of the insurance provider’s stock worth $326,000 after purchasing an additional 85 shares during the period. Swiss National Bank grew its stake in White Mountains Insurance Group by 1.6% in the first quarter. Swiss National Bank now owns 6,546 shares of the insurance provider’s stock worth $5,384,000 after purchasing an additional 100 shares during the period. Finally, Parallel Advisors LLC grew its stake in White Mountains Insurance Group by 113.8% in the second quarter. Parallel Advisors LLC now owns 248 shares of the insurance provider’s stock worth $224,000 after purchasing an additional 132 shares during the period. 86.78% of the stock is currently owned by institutional investors.

Shares of WTM stock opened at $931.60 on Tuesday. The firm has a market capitalization of $2.99 billion, a P/E ratio of -108.07 and a beta of 0.42. White Mountains Insurance Group Ltd has a twelve month low of $786.23 and a twelve month high of $946.52. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.93 and a current ratio of 1.93.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Tuesday, August 7th. The insurance provider reported $1.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.89. White Mountains Insurance Group had a return on equity of 0.59% and a net margin of 147.61%. The business had revenue of $16.40 million for the quarter. equities analysts anticipate that White Mountains Insurance Group Ltd will post 3.12 earnings per share for the current fiscal year.

Several brokerages recently weighed in on WTM. Zacks Investment Research cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Friday, August 10th. ValuEngine raised White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and reinsurance services in the United States. The company operates through HG Global/BAM, MediaAlpha, and Other segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities.

See Also: Should I follow buy, hold and sell recommendations?

Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

Receive News & Ratings for White Mountains Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Mountains Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.