Fenimore Asset Management Inc. Has $20.52 Million Position in White Mountains Insurance Group Ltd (WTM)

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Fenimore Asset Management Inc. trimmed its stake in shares of White Mountains Insurance Group Ltd (NYSE:WTM) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,920 shares of the insurance provider’s stock after selling 108 shares during the quarter. Fenimore Asset Management Inc.’s holdings in White Mountains Insurance Group were worth $20,516,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in WTM. Columbia Asset Management purchased a new position in White Mountains Insurance Group during the third quarter worth about $172,000. Panagora Asset Management Inc. grew its position in 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 worth $176,000 after buying an additional 185 shares in the last quarter. HPM Partners LLC purchased a new position in White Mountains Insurance Group during the third quarter worth about $204,000. Signaturefd LLC grew its position in White Mountains Insurance Group by 77.8% during the second quarter. Signaturefd LLC now owns 240 shares of the insurance provider’s stock worth $218,000 after buying an additional 105 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in 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 worth $305,000 after buying an additional 322 shares in the last quarter. Institutional investors own 86.30% of the company’s stock.

In related news, Director Lowndes Andrew Smith sold 200 shares of the business’s stock in a transaction dated Thursday, December 20th. The stock was sold at an average price of $845.85, for a total transaction of $169,170.00. Following the completion of the transaction, the director now directly owns 3,052 shares in the company, valued at $2,581,534.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. 4.00% of the stock is owned by insiders.

White Mountains Insurance Group stock traded down $0.01 during midday trading on Friday, hitting $874.99. 3,660 shares of the company’s stock were exchanged, compared to its average volume of 14,493. White Mountains Insurance Group Ltd has a 52-week low of $786.23 and a 52-week high of $980.89. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.06. The stock has a market cap of $2.80 billion, a price-to-earnings ratio of -101.51 and a beta of 0.49.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Monday, November 5th. The insurance provider reported $1.05 EPS 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 for the quarter.

WTM has been the subject of several recent analyst reports. ValuEngine upgraded White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st. Zacks Investment Research cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 10th.

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About White Mountains Insurance Group

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.

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

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