White Mountains Insurance Group, Ltd. $WTM Holdings Lifted by River Road Asset Management LLC

River Road Asset Management LLC lifted its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 10.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 120,880 shares of the insurance provider’s stock after acquiring an additional 11,292 shares during the quarter. White Mountains Insurance Group accounts for about 2.8% of River Road Asset Management LLC’s holdings, making the stock its 2nd biggest holding. River Road Asset Management LLC’s holdings in White Mountains Insurance Group were worth $251,192,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Integrated Wealth Concepts LLC raised its position in White Mountains Insurance Group by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after purchasing an additional 27 shares during the period. NewEdge Advisors LLC boosted its position in White Mountains Insurance Group by 17.2% during the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock valued at $327,000 after buying an additional 25 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of White Mountains Insurance Group by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock valued at $8,202,000 after buying an additional 1,504 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of White Mountains Insurance Group by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock valued at $21,737,000 after buying an additional 1,183 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of White Mountains Insurance Group by 101.4% in the first quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock worth $1,113,000 after buying an additional 291 shares during the period. Institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

WTM has been the subject of a number of recent research reports. Weiss Ratings lowered White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Wall Street Zen cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Zacks Research upgraded White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $2,013.07 on Friday. The company’s fifty day simple moving average is $2,148.15 and its two-hundred day simple moving average is $2,130.31. White Mountains Insurance Group, Ltd. has a 12-month low of $1,648.00 and a 12-month high of $2,333.00. The firm has a market cap of $4.99 billion, a PE ratio of 4.95 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The firm had revenue of $517.80 million for the quarter, compared to the consensus estimate of $515.40 million. White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. As a group, equities analysts expect that White Mountains Insurance Group, Ltd. will post 115 EPS for the current year.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.