M&T Bank Corp lowered its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,311 shares of the insurance provider’s stock after selling 14 shares during the quarter. M&T Bank Corp’s holdings in White Mountains Insurance Group were worth $1,139,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Two Sigma Securities LLC purchased a new stake in shares of White Mountains Insurance Group in the 1st quarter valued at approximately $327,000. Geode Capital Management LLC raised its holdings in shares of White Mountains Insurance Group by 9.2% in the 1st quarter. Geode Capital Management LLC now owns 37,146 shares of the insurance provider’s stock valued at $32,684,000 after purchasing an additional 3,122 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its holdings in shares of White Mountains Insurance Group by 0.7% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 32,506 shares of the insurance provider’s stock valued at $28,236,000 after purchasing an additional 223 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of White Mountains Insurance Group by 5.9% in the 2nd quarter. State of Alaska Department of Revenue now owns 714 shares of the insurance provider’s stock valued at $620,000 after purchasing an additional 40 shares in the last quarter. Finally, Janus Capital Management LLC lifted its position in shares of White Mountains Insurance Group by 14.1% during the 1st quarter. Janus Capital Management LLC now owns 7,300 shares of the insurance provider’s stock worth $6,423,000 after purchasing an additional 900 shares during the last quarter.

White Mountains Insurance Group, Ltd. (NYSE:WTM) opened at 857.00 on Monday. The firm has a market capitalization of $3.67 billion, a P/E ratio of 36.95 and a beta of 0.53. White Mountains Insurance Group, Ltd. has a one year low of $815.04 and a one year high of $948.94. The company has a 50-day moving average price of $860.64 and a 200-day moving average price of $870.08.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, August 4th. The insurance provider reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $1.66. The business had revenue of $18.50 million for the quarter, compared to analyst estimates of $299.20 million. White Mountains Insurance Group had a return on equity of 1.01% and a net margin of 9.80%. On average, equities research analysts anticipate that White Mountains Insurance Group, Ltd. will post ($10.75) EPS for the current year.

White Mountains Insurance Group declared that its Board of Directors has initiated a stock repurchase plan on Thursday, August 17th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the insurance provider to buy shares of its stock through a dutch auction. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

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WTM has been the topic of several recent analyst reports. Zacks Investment Research raised White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. ValuEngine raised White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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

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