KCM Investment Advisors LLC maintained its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 748 shares of the insurance provider’s stock at the end of the 2nd quarter. KCM Investment Advisors LLC’s holdings in White Mountains Insurance Group were worth $650,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Teachers Advisors LLC boosted its holdings in shares of White Mountains Insurance Group by 2.7% during the 2nd quarter. Teachers Advisors LLC now owns 8,298 shares of the insurance provider’s stock valued at $7,208,000 after acquiring an additional 220 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of White Mountains Insurance Group by 3.9% during the 2nd quarter. Alliancebernstein L.P. now owns 2,646 shares of the insurance provider’s stock valued at $2,298,000 after acquiring an additional 100 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of White Mountains Insurance Group by 37.9% during the 2nd quarter. Wells Fargo & Company MN now owns 50,596 shares of the insurance provider’s stock valued at $43,950,000 after acquiring an additional 13,894 shares during the last quarter. Old Mutual Global Investors UK Ltd. purchased a new stake in shares of White Mountains Insurance Group during the 2nd quarter valued at about $268,000. Finally, Robotti Robert purchased a new stake in shares of White Mountains Insurance Group during the 2nd quarter valued at about $282,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently issued reports on the stock. ValuEngine raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Thursday, July 20th.

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Shares of White Mountains Insurance Group, Ltd. (NYSE WTM) traded down 1.41% during mid-day trading on Friday, hitting $859.70. 85,214 shares of the stock were exchanged. The stock has a market cap of $3.68 billion, a PE ratio of 37.06 and a beta of 0.52. The stock’s 50 day moving average is $861.51 and its 200-day moving average is $872.34. White Mountains Insurance Group, Ltd. has a 12 month low of $813.20 and a 12 month high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, August 4th. The insurance provider reported $2.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a net margin of 9.80% and a return on equity of 1.01%. The firm had revenue of $18.50 million for the quarter, compared to the consensus estimate of $299.20 million. On average, analysts anticipate that White Mountains Insurance Group, Ltd. will post ($10.75) EPS for the current year.

White Mountains Insurance Group declared that its board has initiated a stock buyback plan on Thursday, August 17th that authorizes the company to buyback 500,000 outstanding shares. This buyback authorization authorizes the insurance provider to reacquire shares of its stock through a dutch auction. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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