Cooke & Bieler LP Purchases 2,083 Shares of White Mountains Insurance Group, Ltd. $WTM

Cooke & Bieler LP lifted its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,203 shares of the insurance provider’s stock after purchasing an additional 2,083 shares during the period. White Mountains Insurance Group accounts for about 2.6% of Cooke & Bieler LP’s investment portfolio, making the stock its 5th biggest holding. Cooke & Bieler LP’s holdings in White Mountains Insurance Group were worth $174,972,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in White Mountains Insurance Group during the second quarter valued at approximately $244,393,000. Wallace Capital Management Inc. acquired a new stake in White Mountains Insurance Group in the 2nd quarter valued at approximately $166,010,000. Reinhart Partners LLC. increased its position in White Mountains Insurance Group by 19.0% during the second quarter. Reinhart Partners LLC. now owns 44,480 shares of the insurance provider’s stock worth $92,265,000 after acquiring an additional 7,106 shares during the period. Bank of America Corp DE acquired a new stake in White Mountains Insurance Group in the 2nd quarter worth $51,893,000. Finally, Boussard & Gavaudan Gestion Sas acquired a new position in shares of White Mountains Insurance Group during the second quarter valued at about $24,460,000. Institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WTM. Wall Street Zen lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday, September 26th. Weiss Ratings upgraded White Mountains Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, White Mountains Insurance Group has an average rating of “Moderate Buy”.

White Mountains Insurance Group Trading Down 0.2%

Shares of NYSE WTM opened at $2,208.41 on Thursday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.15. The company has a market cap of $5.28 billion, a PE ratio of 5.03 and a beta of 0.28. The company has a 50-day moving average of $2,087.44 and a two-hundred day moving average of $2,123.76. White Mountains Insurance Group, Ltd. has a 1-year low of $1,863.59 and a 1-year high of $2,333.00.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based holding company that owns and manages businesses in the property and casualty insurance, reinsurance, insurance services and asset management sectors. Rather than operating as a single traditional insurer, the company invests in and supports a portfolio of specialty businesses.

Its insurance-related operations have included specialty insurance and reinsurance platforms serving commercial and personal lines, program administrators, and municipal bond insurance.