Steph & Co. Acquires Shares of 26 White Mountains Insurance Group, Ltd. $WTM

Steph & Co. acquired a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 26 shares of the insurance provider’s stock, valued at approximately $47,000.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA raised its stake in White Mountains Insurance Group by 87.5% during the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock valued at $29,000 after buying an additional 7 shares during the last quarter. Fifth Third Bancorp raised its stake in White Mountains Insurance Group by 183.3% during the second quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider’s stock valued at $31,000 after buying an additional 11 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after buying an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in White Mountains Insurance Group by 90.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock valued at $40,000 after buying an additional 10 shares during the last quarter. Finally, Whipplewood Advisors LLC raised its stake in White Mountains Insurance Group by 866.7% during the first quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider’s stock valued at $56,000 after buying an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Up 1.6%

Shares of NYSE:WTM opened at $1,715.72 on Friday. The stock has a fifty day simple moving average of $1,786.88 and a two-hundred day simple moving average of $1,792.21. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 21.49 and a beta of 0.38. White Mountains Insurance Group, Ltd. has a 12-month low of $1,678.87 and a 12-month high of $2,023.00. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13.

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.