Fenimore Asset Management Inc. lessened its stake in White Mountains Insurance Group Ltd (NYSE:WTM) by 0.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 22,251 shares of the insurance provider’s stock after selling 47 shares during the quarter. Fenimore Asset Management Inc. owned 0.70% of White Mountains Insurance Group worth $22,729,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. NN Investment Partners Holdings N.V. purchased a new stake in White Mountains Insurance Group during the second quarter worth approximately $109,000. Campbell & CO Investment Adviser LLC increased its holdings in shares of White Mountains Insurance Group by 33.5% in the second quarter. Campbell & CO Investment Adviser LLC now owns 303 shares of the insurance provider’s stock valued at $310,000 after purchasing an additional 76 shares during the period. Neville Rodie & Shaw Inc. acquired a new position in shares of White Mountains Insurance Group in the second quarter valued at approximately $204,000. MARSHALL WACE ASIA Ltd acquired a new position in shares of White Mountains Insurance Group in the first quarter valued at approximately $31,000. Finally, Alphasimplex Group LLC acquired a new position in shares of White Mountains Insurance Group in the first quarter valued at approximately $1,444,000. Institutional investors and hedge funds own 87.12% of the company’s stock.
Separately, TheStreet upgraded White Mountains Insurance Group from a “c” rating to a “b” rating in a research report on Monday, May 13th.
Shares of NYSE:WTM opened at $1,066.12 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.39 and a current ratio of 1.39. White Mountains Insurance Group Ltd has a 52-week low of $832.88 and a 52-week high of $1,104.14. The stock’s fifty day simple moving average is $1,057.46 and its 200-day simple moving average is $972.43.
In other White Mountains Insurance Group news, Director Lowndes Andrew Smith sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $1,086.21, for a total transaction of $1,086,210.00. Following the completion of the sale, the director now directly owns 2,023 shares in the company, valued at $2,197,402.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jess Brian Palmer sold 431 shares of the company’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $1,016.57, for a total value of $438,141.67. Following the sale, the insider now owns 1,620 shares of the company’s stock, valued at $1,646,843.40. The disclosure for this sale can be found here. Insiders have sold 2,931 shares of company stock worth $3,072,792 over the last quarter. 2.50% of the stock is currently owned by company insiders.
About White Mountains Insurance Group
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurances services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.
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.