NFC Investments LLC held its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,403 shares of the insurance provider’s stock at the close of the 2nd quarter. White Mountains Insurance Group accounts for about 0.4% of NFC Investments LLC’s investment portfolio, making the stock its 29th biggest holding. NFC Investments LLC’s holdings in White Mountains Insurance Group were worth $1,219,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of White Mountains Insurance Group during the first quarter worth $114,000. Public Employees Retirement Association of Colorado lifted its position in shares of White Mountains Insurance Group by 2.2% during the second quarter. Public Employees Retirement Association of Colorado now owns 137 shares of the insurance provider’s stock worth $119,000 after purchasing an additional 3 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of White Mountains Insurance Group during the second quarter worth $135,000. SG Americas Securities LLC lifted its position in shares of White Mountains Insurance Group by 15.2% during the first quarter. SG Americas Securities LLC now owns 174 shares of the insurance provider’s stock worth $153,000 after purchasing an additional 23 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in shares of White Mountains Insurance Group during the first quarter worth $153,000.

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WTM has been the subject of several research analyst reports. Zacks Investment Research upgraded White Mountains Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 13th. ValuEngine upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st.

White Mountains Insurance Group, Ltd. (WTM) traded down 0.14% during mid-day trading on Friday, hitting $866.86. The stock had a trading volume of 10,893 shares. The company has a market cap of $3.71 billion, a PE ratio of 37.37 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 firm’s 50-day moving average price is $861.55 and its 200 day moving average price is $865.13.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings results 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 during the quarter, compared to analysts’ expectations 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 ($11.35) EPS for the current year.

White Mountains Insurance Group declared that its board has authorized a share repurchase program on Thursday, August 17th that allows the company to buyback 500,000 shares. This buyback authorization allows the insurance provider to purchase shares of its stock through a dutch auction. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.

About White Mountains Insurance Group

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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