BNP Paribas Financial Markets Acquires 1,804 Shares of White Mountains Insurance Group, Ltd. $WTM

BNP Paribas Financial Markets grew its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 117.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,340 shares of the insurance provider’s stock after purchasing an additional 1,804 shares during the period. BNP Paribas Financial Markets’ holdings in White Mountains Insurance Group were worth $6,941,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Miller Global Investments LLC purchased a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $25,000. Torren Management LLC purchased a new position in White Mountains Insurance Group in the fourth quarter worth about $27,000. Ameriflex Group Inc. purchased a new position in White Mountains Insurance Group in the third quarter worth about $33,000. Geneos Wealth Management Inc. grew its position in White Mountains Insurance Group by 325.0% in the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 13 shares in the last quarter. Finally, Danske Bank A S purchased a new position in White Mountains Insurance Group in the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $2,004.18 on Wednesday. The business’s fifty day simple moving average is $2,172.31 and its 200-day simple moving average is $2,129.33. The company has a market cap of $4.97 billion, a PE ratio of 4.93 and a beta of 0.29. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a 12-month low of $1,648.00 and a 12-month high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. The company had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million. Analysts expect that White Mountains Insurance Group, Ltd. will post 115 earnings per share for the current fiscal 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.