River Road Asset Management LLC Grows Position in White Mountains Insurance Group Ltd (NYSE:WTM)

River Road Asset Management LLC raised its stake in White Mountains Insurance Group Ltd (NYSE:WTM) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,043 shares of the insurance provider’s stock after buying an additional 2,976 shares during the quarter. White Mountains Insurance Group makes up approximately 1.4% of River Road Asset Management LLC’s investment portfolio, making the stock its 14th largest position. River Road Asset Management LLC owned about 2.29% of White Mountains Insurance Group worth $73,247,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. The Manufacturers Life Insurance Company acquired a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at $135,000. Intl Fcstone Inc. acquired a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at $221,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at $224,000. Pitcairn Co. acquired a new position in shares of White Mountains Insurance Group in the 3rd quarter valued at $247,000. Finally, Advisor Group Inc. lifted its stake in White Mountains Insurance Group by 166.1% during the 2nd quarter. Advisor Group Inc. now owns 314 shares of the insurance provider’s stock worth $271,000 after acquiring an additional 196 shares in the last quarter. Institutional investors own 81.92% of the company’s stock.

White Mountains Insurance Group Ltd (WTM) opened at $813.44 on Thursday. White Mountains Insurance Group Ltd has a 12 month low of $786.23 and a 12 month high of $948.94. The stock has a market capitalization of $3,017.34, a PE ratio of 5.51 and a beta of 0.45.

In other news, Director Angelo Michael Frinquelli sold 100 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $875.00, for a total value of $87,500.00. Following the transaction, the director now owns 1,641 shares in the company, valued at approximately $1,435,875. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Morgan W. Davis sold 350 shares of the stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $846.21, for a total value of $296,173.50. Following the completion of the transaction, the director now owns 20,790 shares in the company, valued at approximately $17,592,705.90. The disclosure for this sale can be found here. 5.10% of the stock is owned by company insiders.

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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 HG Global/BAM and Other Operations. The HG Global/BAM segment consists of the operations of HG Global Ltd. (HG Global) and Build America Mutual Assurance Company (BAM).

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

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