Amundi Buys Shares of 615 White Mountains Insurance Group, Ltd. $WTM

Amundi bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 615 shares of the insurance provider’s stock, valued at approximately $1,351,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Torren Management LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter worth $27,000. Smartleaf Asset Management LLC lifted its holdings in White Mountains Insurance Group by 100.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after acquiring an additional 7 shares during the period. Global Assets Advisory LLC purchased a new position in White Mountains Insurance Group in the first quarter worth $33,000. Geneos Wealth Management Inc. grew its stake in White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 13 shares during the period. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $39,000. Institutional investors own 88.65% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Sunday, August 2nd. Weiss Ratings cut shares of White Mountains Insurance Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 29th. Finally, Zacks Research raised shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

White Mountains Insurance Group Stock Up 0.5%

Shares of WTM opened at $2,152.55 on Friday. White Mountains Insurance Group, Ltd. has a 1 year low of $1,648.00 and a 1 year high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a 50 day simple moving average of $2,104.95 and a two-hundred day simple moving average of $2,150.05. The firm has a market cap of $5.34 billion, a P/E ratio of 4.90 and a beta of 0.29.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 5.16% and a net margin of 29.29%.The firm had revenue of $517.80 million during the quarter, compared to the consensus estimate of $515.40 million. On average, analysts forecast that White Mountains Insurance Group, Ltd. will post 134 earnings per share for the current fiscal year.

About White Mountains Insurance Group

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.