Parsons Capital Management Inc. RI Buys 384 Shares of White Mountains Insurance Group, Ltd. $WTM

Parsons Capital Management Inc. RI increased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 25.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,892 shares of the insurance provider’s stock after purchasing an additional 384 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in White Mountains Insurance Group were worth $3,398,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Crossmark Global Holdings Inc. bought a new position in White Mountains Insurance Group in the first quarter valued at approximately $233,000. Private Trust Co. NA boosted its stake in White Mountains Insurance Group by 87.5% in the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 7 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in White Mountains Insurance Group by 6.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 173 shares of the insurance provider’s stock valued at $333,000 after acquiring an additional 11 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in White Mountains Insurance Group by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider’s stock valued at $33,257,000 after acquiring an additional 855 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in White Mountains Insurance Group in the first quarter valued at approximately $406,000. 88.65% of the stock is owned by institutional investors.

White Mountains Insurance Group Price Performance

Shares of WTM stock opened at $1,648.88 on Thursday. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,023.00. The stock has a market cap of $4.25 billion, a PE ratio of 20.65 and a beta of 0.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. The firm’s 50 day moving average price is $1,779.80 and its two-hundred day moving average price is $1,788.12.

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.