FDx Advisors Inc. increased its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 26.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,263 shares of the insurance provider’s stock after purchasing an additional 265 shares during the quarter. FDx Advisors Inc.’s holdings in White Mountains Insurance Group were worth $1,082,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of WTM. Teachers Advisors LLC raised its holdings in White Mountains Insurance Group by 7.0% during the first quarter. Teachers Advisors LLC now owns 8,078 shares of the insurance provider’s stock worth $7,108,000 after purchasing an additional 526 shares during the last quarter. Legal & General Group Plc raised its holdings in White Mountains Insurance Group by 130.6% during the first quarter. Legal & General Group Plc now owns 1,658 shares of the insurance provider’s stock worth $1,459,000 after purchasing an additional 939 shares during the last quarter. Morgan Stanley raised its holdings in White Mountains Insurance Group by 27.9% during the first quarter. Morgan Stanley now owns 8,591 shares of the insurance provider’s stock worth $7,559,000 after purchasing an additional 1,873 shares during the last quarter. BlackRock Inc. raised its holdings in White Mountains Insurance Group by 9,312.9% during the first quarter. BlackRock Inc. now owns 187,505 shares of the insurance provider’s stock worth $164,984,000 after purchasing an additional 185,513 shares during the last quarter. Finally, State Street Corp raised its holdings in White Mountains Insurance Group by 0.8% during the first quarter. State Street Corp now owns 60,326 shares of the insurance provider’s stock worth $53,083,000 after purchasing an additional 492 shares during the last quarter.

White Mountains Insurance Group, Ltd. (NYSE WTM) opened at $878.69 on Thursday. The firm has a market capitalization of $3,309.61, a price-to-earnings ratio of 81.79 and a beta of 0.54. White Mountains Insurance Group, Ltd. has a 1-year low of $821.15 and a 1-year high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Wednesday, November 8th. The insurance provider reported $5.36 EPS for the quarter, beating the Zacks’ consensus estimate of ($3.41) by $8.77. The business had revenue of $16.20 million during the quarter. White Mountains Insurance Group had a return on equity of 1.32% and a net margin of 69.96%. research analysts anticipate that White Mountains Insurance Group, Ltd. will post -7.55 EPS for the current fiscal year.

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

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

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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 HG Global/BAM and Other Operations. The HG Global/BAM segment consists of the operations of HG Global Ltd. (HG Global) and Build America Mutual Assurance Company (BAM).

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

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