Corient Private Wealth LLC Acquires 308 Shares of White Mountains Insurance Group, Ltd. $WTM

Corient Private Wealth LLC increased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 51.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 906 shares of the insurance provider’s stock after buying an additional 308 shares during the period. Corient Private Wealth LLC’s holdings in White Mountains Insurance Group were worth $1,882,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Miller Global Investments LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth approximately $25,000. Torren Management LLC bought a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $27,000. Smartleaf Asset Management LLC increased its holdings in shares of White Mountains Insurance Group by 100.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 7 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of 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 valued at $33,000 after purchasing an additional 13 shares in the last quarter. Finally, Brown Brothers Harriman & Co. bought a new position in White Mountains Insurance Group in the 4th quarter worth approximately $39,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $2,089.87 on Tuesday. The company has a market cap of $5.18 billion, a PE ratio of 5.14 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 1 year low of $1,648.00 and a 1 year high of $2,333.00. The company’s 50-day moving average is $2,112.08 and its two-hundred day moving average is $2,130.88.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings results 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 business had revenue of $517.80 million for the quarter, compared to analyst estimates of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. Equities analysts anticipate that White Mountains Insurance Group, Ltd. will post 115 earnings per share for the current year.

Wall Street Analyst Weigh In

WTM has been the topic of several research reports. Weiss Ratings downgraded White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Zacks Research raised White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About White Mountains Insurance Group

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.