River Road Asset Management LLC Grows Stock Position in White Mountains Insurance Group, Ltd. $WTM

River Road Asset Management LLC boosted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,880 shares of the insurance provider’s stock after purchasing an additional 11,292 shares during the quarter. White Mountains Insurance Group makes up 2.8% of River Road Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. River Road Asset Management LLC owned about 4.75% of White Mountains Insurance Group worth $251,192,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its holdings in shares of White Mountains Insurance Group by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after buying an additional 27 shares in the last quarter. NewEdge Advisors LLC increased its holdings in White Mountains Insurance Group by 17.2% during the 1st quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock worth $327,000 after acquiring an additional 25 shares during the period. Goldman Sachs Group Inc. lifted its stake in White Mountains Insurance Group by 54.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock worth $8,202,000 after purchasing an additional 1,504 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in White Mountains Insurance Group by 11.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock valued at $21,737,000 after purchasing an additional 1,183 shares during the period. Finally, Jane Street Group LLC grew its position in shares of White Mountains Insurance Group by 101.4% during the 1st quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock valued at $1,113,000 after purchasing an additional 291 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on WTM shares. Weiss Ratings downgraded White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Zacks Research raised White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, White Mountains Insurance Group presently has an average rating of “Moderate Buy”.

White Mountains Insurance Group Stock Performance

NYSE WTM opened at $2,013.07 on Friday. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,333.00. The company has a fifty day moving average of $2,148.15 and a 200-day moving average of $2,130.31. The company has a market capitalization of $4.99 billion, a P/E ratio of 4.95 and a beta of 0.29. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 0.79.

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

White Mountains Insurance Group Company 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.