Cooke & Bieler LP Increases Stake in White Mountains Insurance Group, Ltd. $WTM

Cooke & Bieler LP boosted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 40.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 76,781 shares of the insurance provider’s stock after purchasing an additional 22,129 shares during the period. White Mountains Insurance Group makes up about 1.4% of Cooke & Bieler LP’s holdings, making the stock its 28th biggest holding. Cooke & Bieler LP’s holdings in White Mountains Insurance Group were worth $137,877,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in WTM. Private Trust Co. NA grew its holdings in shares of 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 boosted its stake in White Mountains Insurance Group by 183.3% during the 2nd quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 11 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in White Mountains Insurance Group by 90.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock valued at $40,000 after purchasing an additional 10 shares during the last quarter. Finally, Steph & Co. purchased a new stake in White Mountains Insurance Group during the 2nd quarter valued at $47,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

White Mountains Insurance Group Trading Up 0.2%

Shares of WTM stock opened at $1,910.43 on Friday. The stock has a market capitalization of $4.92 billion, a P/E ratio of 23.93 and a beta of 0.31. White Mountains Insurance Group, Ltd. has a 12-month low of $1,648.00 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. The firm’s 50 day moving average is $1,821.32 and its 200 day moving average is $1,797.82.

White Mountains Insurance Group Company Profile

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.