White Mountains Insurance Group Ltd (WTM) Shares Sold by Keybank National Association OH

Keybank National Association OH lessened its stake in shares of White Mountains Insurance Group Ltd (NYSE:WTM) by 6.7% in the third quarter, Holdings Channel reports. The institutional investor owned 2,477 shares of the insurance provider’s stock after selling 179 shares during the quarter. Keybank National Association OH’s holdings in White Mountains Insurance Group were worth $2,318,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can acquired a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at approximately $763,000. Nisa Investment Advisors LLC purchased a new stake in shares of White Mountains Insurance Group in the second quarter valued at $2,448,000. Hermes Investment Management Ltd. grew its position in shares of White Mountains Insurance Group by 2.3% in the second quarter. Hermes Investment Management Ltd. now owns 28,139 shares of the insurance provider’s stock valued at $25,511,000 after purchasing an additional 635 shares during the period. BNP Paribas Arbitrage SA grew its position in White Mountains Insurance Group by 106.5% during the second quarter. BNP Paribas Arbitrage SA now owns 797 shares of the insurance provider’s stock valued at $723,000 after acquiring an additional 411 shares during the period. Finally, Parallel Advisors LLC grew its position in White Mountains Insurance Group by 113.8% during the second quarter. Parallel Advisors LLC now owns 248 shares of the insurance provider’s stock valued at $224,000 after acquiring an additional 132 shares during the period. Institutional investors and hedge funds own 86.45% of the company’s stock.

A number of brokerages have commented on WTM. Zacks Investment Research cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Friday, August 10th. ValuEngine raised White Mountains Insurance Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th.

Shares of WTM stock opened at $909.58 on Friday. White Mountains Insurance Group Ltd has a 12-month low of $786.23 and a 12-month high of $980.89. The company has a market capitalization of $2.90 billion, a P/E ratio of -105.52 and a beta of 0.42. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.87 and a quick ratio of 1.87.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Monday, November 5th. The insurance provider reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $2.37 by ($1.32). White Mountains Insurance Group had a return on equity of 0.06% and a net margin of 3.94%. The firm had revenue of $20.40 million during the quarter.

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About White Mountains Insurance Group

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and reinsurance services in the United States. The company operates through HG Global/BAM, MediaAlpha, and Other segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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