California Public Employees Retirement System Has $14.09 Million Stake in White Mountains Insurance Group, Ltd. $WTM

California Public Employees Retirement System reduced its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,414 shares of the insurance provider’s stock after selling 302 shares during the period. California Public Employees Retirement System owned approximately 0.26% of White Mountains Insurance Group worth $14,091,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Torren Management LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC raised its holdings in shares of White Mountains Insurance Group by 100.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after buying an additional 7 shares in the last quarter. Global Assets Advisory LLC bought a new stake in White Mountains Insurance Group in the first quarter valued at $33,000. Geneos Wealth Management Inc. boosted its stake in shares of White Mountains Insurance Group by 325.0% in 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 in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at $39,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Up 1.5%

WTM opened at $2,209.32 on Friday. The stock has a fifty day moving average of $2,101.82 and a 200-day moving average of $2,144.50. The company has a market capitalization of $5.48 billion, a P/E ratio of 5.43 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 0.79.

White Mountains Insurance Group (NYSE:WTM) last released 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). White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. The business had revenue of $517.80 million during the quarter, compared to analyst estimates of $515.40 million. On average, equities analysts expect that White Mountains Insurance Group, Ltd. will post 134 EPS for the current year.

Analyst Ratings Changes

WTM has been the subject of several analyst reports. Weiss Ratings downgraded shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Wall Street Zen upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research raised White Mountains Insurance Group to a “hold” rating in a 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 company’s stock. According to data from MarketBeat.com, the company presently 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.