Royce & Associates LP Cuts Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Royce & Associates LP decreased its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 3.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,467 shares of the insurance provider’s stock after selling 558 shares during the period. Royce & Associates LP owned approximately 0.56% of White Mountains Insurance Group worth $24,539,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Hexagon Capital Partners LLC lifted its holdings in shares of White Mountains Insurance Group by 250.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after acquiring an additional 10 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of White Mountains Insurance Group by 40.0% in the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after acquiring an additional 8 shares during the last quarter. Family Firm Inc. bought a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at about $82,000. GAMMA Investing LLC lifted its holdings in shares of White Mountains Insurance Group by 104.2% in the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock valued at $83,000 after acquiring an additional 25 shares during the last quarter. Finally, Quarry LP bought a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at about $93,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 0.2 %

Shares of NYSE WTM opened at $1,918.90 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $4.93 billion, a P/E ratio of 7.60 and a beta of 0.43. White Mountains Insurance Group, Ltd. has a 1 year low of $1,401.01 and a 1 year high of $1,932.81. The firm has a 50-day simple moving average of $1,794.83 and a two-hundred day simple moving average of $1,776.79.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. 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.