Proficio Capital Partners LLC Takes Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Proficio Capital Partners LLC acquired a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 4th quarter, Holdings Channel.com reports. The firm acquired 23,345 shares of the insurance provider’s stock, valued at approximately $45,407,000.

Several other institutional investors have also modified their holdings of WTM. Versant Capital Management Inc lifted its stake in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 9 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $37,000. Eagle Bay Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $103,000. Stonebridge Financial Group LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $117,000. Finally, KBC Group NV increased its position in shares of White Mountains Insurance Group by 21.9% during the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after purchasing an additional 14 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Up 0.3 %

WTM stock opened at $1,846.93 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $4.74 billion, a PE ratio of 20.52 and a beta of 0.45. White Mountains Insurance Group, Ltd. has a 1-year low of $1,665.71 and a 1-year high of $2,023.00. The business’s 50 day simple moving average is $1,891.05 and its 200 day simple moving average is $1,854.08.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

White Mountains Insurance Group 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.