Mascoma Wealth Management LLC reduced its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 20.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,502 shares of the insurance provider’s stock after selling 5,049 shares during the period. White Mountains Insurance Group comprises 11.4% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its largest position. Mascoma Wealth Management LLC owned about 0.43% of White Mountains Insurance Group worth $16,940,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. State of Alaska Department of Revenue increased its stake in shares of White Mountains Insurance Group by 5.9% in the second quarter. State of Alaska Department of Revenue now owns 714 shares of the insurance provider’s stock worth $620,000 after buying an additional 40 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of White Mountains Insurance Group during the first quarter worth approximately $153,000. Janus Capital Management LLC increased its position in shares of White Mountains Insurance Group by 14.1% in the first quarter. Janus Capital Management LLC now owns 7,300 shares of the insurance provider’s stock worth $6,423,000 after buying an additional 900 shares during the last quarter. AQR Capital Management LLC increased its position in shares of White Mountains Insurance Group by 23.1% in the first quarter. AQR Capital Management LLC now owns 24,021 shares of the insurance provider’s stock worth $21,136,000 after buying an additional 4,514 shares during the last quarter. Finally, State Street Corp increased its position in shares of White Mountains Insurance Group by 0.8% in the first quarter. State Street Corp now owns 60,326 shares of the insurance provider’s stock worth $53,083,000 after buying an additional 492 shares during the last quarter. Institutional investors and hedge funds own 84.01% of the company’s stock.

White Mountains Insurance Group, Ltd. (WTM) opened at 851.80 on Tuesday. The firm’s 50-day moving average price is $865.52 and its 200-day moving average price is $880.87. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 9.37 and a beta of 0.52. White Mountains Insurance Group, Ltd. has a 12 month low of $805.10 and a 12 month high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings results on Friday, August 4th. The insurance provider reported $2.78 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a return on equity of 1.01% and a net margin of 9.80%. The firm had revenue of $18.50 million during the quarter, compared to analysts’ expectations of $299.20 million. Equities research analysts predict that White Mountains Insurance Group, Ltd. will post $7.00 earnings per share for the current year.

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A number of research analysts recently commented on the company. ValuEngine upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Tuesday, June 6th. Zacks Investment Research upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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

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