Connable Office Inc. Has $215,000 Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Connable Office Inc. continued to hold its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 247 shares of the insurance provider’s stock at the end of the second quarter. Connable Office Inc.’s holdings in White Mountains Insurance Group were worth $215,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $15,898,000. Quadrature Capital Ltd purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth about $336,000. Teachers Advisors LLC boosted its stake in shares of White Mountains Insurance Group by 50.2% in the fourth quarter. Teachers Advisors LLC now owns 7,552 shares of the insurance provider’s stock worth $6,314,000 after buying an additional 2,524 shares during the period. Creative Planning boosted its stake in shares of White Mountains Insurance Group by 20.9% in the first quarter. Creative Planning now owns 1,628 shares of the insurance provider’s stock worth $1,432,000 after buying an additional 281 shares during the period. Finally, Hermes Investment Management Ltd. boosted its stake in shares of White Mountains Insurance Group by 2.8% in the first quarter. Hermes Investment Management Ltd. now owns 34,546 shares of the insurance provider’s stock worth $30,396,000 after buying an additional 946 shares during the period. Institutional investors own 84.01% of the company’s stock.

Shares of White Mountains Insurance Group, Ltd. (WTM) opened at 859.36 on Friday. White Mountains Insurance Group, Ltd. has a 12 month low of $805.10 and a 12 month high of $948.94. The company’s 50 day moving average is $860.90 and its 200-day moving average is $879.72. The firm has a market cap of $3.68 billion, a PE ratio of 37.05 and a beta of 0.52.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Friday, August 4th. The insurance provider reported $2.78 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $1.66. The firm had revenue of $18.50 million during the quarter, compared to the consensus estimate of $299.20 million. White Mountains Insurance Group had a return on equity of 1.01% and a net margin of 9.80%. Equities research analysts predict that White Mountains Insurance Group, Ltd. will post $7.00 EPS for the current year.

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WTM has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Wednesday, April 19th. ValuEngine upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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