GAMMA Investing LLC Has $146,000 Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

GAMMA Investing LLC lifted its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 43.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 76 shares of the insurance provider’s stock after buying an additional 23 shares during the period. GAMMA Investing LLC’s holdings in White Mountains Insurance Group were worth $146,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cooke & Bieler LP acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at about $66,268,000. Raymond James Financial Inc. acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at about $63,160,000. Norges Bank acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at about $59,661,000. Proficio Capital Partners LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at about $45,407,000. Finally, First Trust Advisors LP boosted its stake in White Mountains Insurance Group by 85.3% in the fourth quarter. First Trust Advisors LP now owns 20,218 shares of the insurance provider’s stock valued at $39,325,000 after buying an additional 9,308 shares in the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $1,785.30 on Friday. The stock’s 50-day simple moving average is $1,784.10 and its 200 day simple moving average is $1,832.82. The firm has a market capitalization of $4.59 billion, a PE ratio of 164.54 and a beta of 0.36. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.13. White Mountains Insurance Group, Ltd. has a twelve month low of $1,666.22 and a twelve month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing the consensus estimate of ($14.00) by ($6.50). White Mountains Insurance Group had a net margin of 1.29% and a return on equity of 5.01%. The business had revenue of $472.20 million during the quarter.

White Mountains Insurance Group 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.