Proficio Capital Partners LLC Takes Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Proficio Capital Partners LLC bought a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,345 shares of the insurance provider’s stock, valued at approximately $45,407,000. Proficio Capital Partners LLC owned approximately 0.91% of White Mountains Insurance Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WTM. Versant Capital Management Inc increased its position in White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 9 shares during the period. Fortitude Family Office LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter worth about $37,000. Eagle Bay Advisors LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter worth about $103,000. Stonebridge Financial Group LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter worth about $117,000. Finally, KBC Group NV increased its position in White Mountains Insurance Group by 21.9% in the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after purchasing an additional 14 shares during the period. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

Shares of WTM stock opened at $1,846.93 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 12 month low of $1,665.71 and a 12 month high of $2,023.00. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 20.52 and a beta of 0.45. The stock has a 50-day moving average price of $1,891.05 and a 200 day moving average price of $1,854.08.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

Analyst Ratings Changes

Separately, StockNews.com lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.