River Road Asset Management LLC Has $68.08 Million Stake in White Mountains Insurance Group Ltd (NYSE:WTM)

River Road Asset Management LLC decreased its stake in shares of White Mountains Insurance Group Ltd (NYSE:WTM) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 63,032 shares of the insurance provider’s stock after selling 374 shares during the quarter. White Mountains Insurance Group comprises approximately 1.3% of River Road Asset Management LLC’s investment portfolio, making the stock its 18th largest holding. River Road Asset Management LLC owned about 2.01% of White Mountains Insurance Group worth $68,075,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of White Mountains Insurance Group by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 299,228 shares of the insurance provider’s stock worth $305,650,000 after buying an additional 788 shares during the period. Victory Capital Management Inc. grew its position in White Mountains Insurance Group by 0.6% in the 2nd quarter. Victory Capital Management Inc. now owns 109,657 shares of the insurance provider’s stock valued at $112,010,000 after purchasing an additional 650 shares during the period. Atlanta Capital Management Co. L L C grew its position in White Mountains Insurance Group by 0.7% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 98,154 shares of the insurance provider’s stock valued at $100,260,000 after purchasing an additional 721 shares during the period. Wells Fargo & Company MN grew its position in White Mountains Insurance Group by 14.4% in the 2nd quarter. Wells Fargo & Company MN now owns 74,622 shares of the insurance provider’s stock valued at $76,224,000 after purchasing an additional 9,417 shares during the period. Finally, Bank of America Corp DE grew its position in White Mountains Insurance Group by 7.0% in the 2nd quarter. Bank of America Corp DE now owns 28,380 shares of the insurance provider’s stock valued at $28,988,000 after purchasing an additional 1,854 shares during the period. 88.28% of the stock is owned by institutional investors.

NYSE WTM traded down $3.78 during mid-day trading on Tuesday, hitting $1,096.80. The company’s stock had a trading volume of 6,427 shares, compared to its average volume of 13,497. The company’s 50 day simple moving average is $1,078.39 and its 200 day simple moving average is $1,039.36. White Mountains Insurance Group Ltd has a twelve month low of $832.88 and a twelve month high of $1,104.14. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.37 and a current ratio of 1.37.

Separately, ValuEngine downgraded shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd.

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.

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

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