Fenimore Asset Management Inc. decreased its stake in shares of White Mountains Insurance Group Ltd (NYSE:WTM) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,920 shares of the insurance provider’s stock after selling 108 shares during the period. Fenimore Asset Management Inc. owned about 0.75% of White Mountains Insurance Group worth $20,516,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Columbia Asset Management purchased a new position in shares of White Mountains Insurance Group during the third quarter valued at approximately $172,000. Panagora Asset Management Inc. boosted its position in shares of White Mountains Insurance Group by 6,166.7% during the third quarter. Panagora Asset Management Inc. now owns 188 shares of the insurance provider’s stock valued at $176,000 after buying an additional 185 shares during the last quarter. HPM Partners LLC purchased a new position in shares of White Mountains Insurance Group during the third quarter valued at approximately $204,000. Signaturefd LLC boosted its position in shares of White Mountains Insurance Group by 77.8% during the second quarter. Signaturefd LLC now owns 240 shares of the insurance provider’s stock valued at $218,000 after buying an additional 105 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of White Mountains Insurance Group by 8,050.0% during the third quarter. Tower Research Capital LLC TRC now owns 326 shares of the insurance provider’s stock valued at $305,000 after buying an additional 322 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors.

Several research firms have weighed in on WTM. Zacks Investment Research cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 10th. ValuEngine cut White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd.

WTM stock traded down $0.01 during midday trading on Friday, hitting $874.99. The company’s stock had a trading volume of 3,660 shares, compared to its average volume of 14,493. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.06. White Mountains Insurance Group Ltd has a 1 year low of $786.23 and a 1 year high of $980.89. The stock has a market cap of $2.80 billion, a P/E ratio of -101.51 and a beta of 0.49.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Monday, November 5th. The insurance provider reported $1.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.37 by ($1.32). White Mountains Insurance Group had a return on equity of 0.06% and a net margin of 3.94%. The business had revenue of $20.40 million during the quarter.

In other White Mountains Insurance Group news, Director Lowndes Andrew Smith sold 200 shares of the business’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $845.85, for a total value of $169,170.00. Following the transaction, the director now owns 3,052 shares of the company’s stock, valued at $2,581,534.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.00% of the stock is currently owned by insiders.

TRADEMARK VIOLATION WARNING: “Fenimore Asset Management Inc. Has $20.52 Million Position in White Mountains Insurance Group Ltd (WTM)” was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at https://theolympiareport.com/2019/01/11/fenimore-asset-management-inc-has-20-52-million-position-in-white-mountains-insurance-group-ltd-wtm.html.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and reinsurance services in the United States. The company operates through HG Global/BAM, MediaAlpha, and Other segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities.

Further Reading: Marijuana Stocks Investing Considerations

Want to see what other hedge funds are holding WTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for White Mountains Insurance Group Ltd (NYSE:WTM).

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

Receive News & Ratings for White Mountains Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Mountains Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.