AGF Management Ltd. Has $2.98 Million Holdings in White Mountains Insurance Group, Ltd. $WTM

AGF Management Ltd. raised its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 33.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,780 shares of the insurance provider’s stock after buying an additional 448 shares during the period. AGF Management Ltd.’s holdings in White Mountains Insurance Group were worth $2,975,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Keybank National Association OH increased its stake in shares of White Mountains Insurance Group by 5.7% in the 3rd quarter. Keybank National Association OH now owns 167 shares of the insurance provider’s stock valued at $279,000 after acquiring an additional 9 shares during the last quarter. Arizona State Retirement System grew its holdings in White Mountains Insurance Group by 1.5% during the third quarter. Arizona State Retirement System now owns 762 shares of the insurance provider’s stock valued at $1,274,000 after purchasing an additional 11 shares during the period. Riverwater Partners LLC increased its stake in White Mountains Insurance Group by 33.8% in the third quarter. Riverwater Partners LLC now owns 190 shares of the insurance provider’s stock valued at $318,000 after purchasing an additional 48 shares in the last quarter. National Wealth Management Group LLC acquired a new stake in White Mountains Insurance Group in the third quarter worth $348,000. Finally, Vanguard Personalized Indexing Management LLC boosted its position in shares of White Mountains Insurance Group by 3.0% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock worth $401,000 after purchasing an additional 7 shares in the last quarter. Institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of White Mountains Insurance Group in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Insider Activity at White Mountains Insurance Group

In other news, Director Philip A. Gelston sold 165 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the completion of the transaction, the director directly owned 1,568 shares of the company’s stock, valued at $3,212,063.68. This represents a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.20% of the stock is currently owned by company insiders.

White Mountains Insurance Group Stock Up 1.3%

White Mountains Insurance Group stock opened at $2,083.91 on Thursday. The company has a 50 day moving average of $2,054.65 and a 200-day moving average of $1,912.08. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,143.25. The stock has a market capitalization of $5.29 billion, a PE ratio of 38.35 and a beta of 0.36.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Thursday, November 6th. The insurance provider reported $72.21 EPS for the quarter, beating the consensus estimate of $57.00 by $15.21. The business had revenue of $864.20 million for the quarter. White Mountains Insurance Group had a net margin of 5.63% and a return on equity of 7.19%.

White Mountains Insurance Group Profile

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.