Jane Street Group LLC raised its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 226.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 842 shares of the insurance provider’s stock after buying an additional 584 shares during the quarter. Jane Street Group LLC’s holdings in White Mountains Insurance Group were worth $722,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Public Employees Retirement Association of Colorado lifted its stake in White Mountains Insurance Group by 2.2% in the second quarter. Public Employees Retirement Association of Colorado now owns 137 shares of the insurance provider’s stock valued at $119,000 after buying an additional 3 shares during the period. Teacher Retirement System of Texas lifted its stake in White Mountains Insurance Group by 0.8% in the second quarter. Teacher Retirement System of Texas now owns 366 shares of the insurance provider’s stock valued at $318,000 after buying an additional 3 shares during the period. Royal Bank of Canada lifted its stake in White Mountains Insurance Group by 6.1% in the second quarter. Royal Bank of Canada now owns 330 shares of the insurance provider’s stock valued at $286,000 after buying an additional 19 shares during the period. PNC Financial Services Group Inc. lifted its stake in White Mountains Insurance Group by 18.1% in the second quarter. PNC Financial Services Group Inc. now owns 339 shares of the insurance provider’s stock valued at $294,000 after buying an additional 52 shares during the period. Finally, Rhumbline Advisers lifted its stake in White Mountains Insurance Group by 1.0% in the third quarter. Rhumbline Advisers now owns 5,974 shares of the insurance provider’s stock valued at $5,120,000 after buying an additional 61 shares during the period. 81.93% of the stock is currently owned by hedge funds and other institutional investors.

Shares of White Mountains Insurance Group, Ltd. (WTM) traded down $4.36 during trading on Friday, hitting $860.75. The company’s stock had a trading volume of 16,500 shares, compared to its average volume of 18,843. White Mountains Insurance Group, Ltd. has a 12 month low of $832.10 and a 12 month high of $948.94. The company has a market capitalization of $3,244.14, a P/E ratio of 80.18 and a beta of 0.53.

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

White Mountains Insurance Group declared that its board has initiated a share buyback program on Thursday, August 17th that permits the company to buyback 500,000 shares. This buyback authorization permits the insurance provider to repurchase shares of its stock through a dutch auction. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

WTM has been the subject of several recent analyst reports. Zacks Investment Research downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. ValuEngine upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st.

In other White Mountains Insurance Group news, Director Angelo Michael Frinquelli sold 100 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $875.00, for a total value of $87,500.00. Following the completion of the sale, the director now directly owns 1,641 shares in the company, valued at $1,435,875. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.10% of the stock is owned by corporate insiders.

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White Mountains Insurance Group 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).

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

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