White Mountains Insurance Group (NYSE:WTM) Sets New 1-Year High – Here’s Why

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) reached a new 52-week high on Wednesday . The stock traded as high as $2,023.00 and last traded at $2,023.00, with a volume of 866 shares. The stock had previously closed at $2,004.53.

White Mountains Insurance Group Price Performance

The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $5.20 billion, a P/E ratio of 7.93 and a beta of 0.43. The firm has a fifty day moving average of $1,827.79 and a 200 day moving average of $1,782.16.

Institutional Trading of White Mountains Insurance Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hexagon Capital Partners LLC increased its holdings in White Mountains Insurance Group by 250.0% during the second quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after buying an additional 10 shares during the last quarter. UMB Bank n.a. increased its holdings in White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after buying an additional 8 shares during the last quarter. Family Firm Inc. purchased a new stake in shares of White Mountains Insurance Group in the second quarter worth $82,000. GAMMA Investing LLC increased its stake in shares of White Mountains Insurance Group by 104.2% in the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after purchasing an additional 25 shares in the last quarter. Finally, Quarry LP purchased a new stake in White Mountains Insurance Group in the 2nd quarter worth $93,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

About White Mountains Insurance Group

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.