WCM Investment Management LLC Purchases Shares of 11,651 White Mountains Insurance Group, Ltd. (NYSE:WTM)

WCM Investment Management LLC bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,651 shares of the insurance provider’s stock, valued at approximately $22,477,000. WCM Investment Management LLC owned approximately 0.45% of White Mountains Insurance Group at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc raised its holdings in shares of White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares during the last quarter. Fortitude Family Office LLC bought a new stake in shares of White Mountains Insurance Group during the 4th quarter worth $37,000. UMB Bank n.a. increased its holdings in White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after buying an additional 8 shares during the last quarter. GAMMA Investing LLC raised its position in White Mountains Insurance Group by 104.2% in the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 25 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of White Mountains Insurance Group during the 4th quarter worth approximately $103,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $1,989.57 on Friday. White Mountains Insurance Group, Ltd. has a 1 year low of $1,583.65 and a 1 year high of $2,023.00. 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 business has a fifty day simple moving average of $1,921.01 and a two-hundred day simple moving average of $1,844.68. The company has a market capitalization of $5.11 billion, a P/E ratio of 7.88 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.

About White Mountains Insurance Group

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.