Hi,
moomoo ID:NaN
Log Out
ENGLISH
  • ENGLISH
  • 中文繁体
  • 中文简体
donwloadimg

Download App

Log in to access Online Inquiry

Envestnet Asset Management Inc. Cuts Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Defense World ·  {{timeTz}}

Envestnet Asset Management Inc. decreased its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,920 shares of the insurance provider's stock after selling 442 shares during the period. Envestnet Asset Management Inc. owned approximately 0.23% of White Mountains Insurance Group worth $7,862,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WTM. State of New Jersey Common Pension Fund D grew its position in shares of White Mountains Insurance Group by 13.8% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 2,662 shares of the insurance provider's stock valued at $2,699,000 after purchasing an additional 323 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in White Mountains Insurance Group by 31.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 253 shares of the insurance provider's stock worth $257,000 after acquiring an additional 60 shares in the last quarter. New York State Common Retirement Fund grew its position in White Mountains Insurance Group by 38.6% in the fourth quarter. New York State Common Retirement Fund now owns 6,389 shares of the insurance provider's stock worth $6,478,000 after acquiring an additional 1,779 shares in the last quarter. Advisor Group Holdings Inc. grew its position in White Mountains Insurance Group by 21.2% in the fourth quarter. Advisor Group Holdings Inc. now owns 2,021 shares of the insurance provider's stock worth $2,047,000 after acquiring an additional 354 shares in the last quarter. Finally, Outfitter Financial LLC purchased a new position in White Mountains Insurance Group in the fourth quarter worth about $152,000. Hedge funds and other institutional investors own 88.95% of the company's stock.

Get White Mountains Insurance Group alerts:

White Mountains Insurance Group Stock Down 0.7 %

Shares of NYSE:WTM opened at $1,241.82 on Tuesday. White Mountains Insurance Group, Ltd. has a 1 year low of $978.51 and a 1 year high of $1,291.50. The business has a 50 day simple moving average of $1,243.78 and a two-hundred day simple moving average of $1,138.91. The firm has a market capitalization of $3.70 billion, a PE ratio of -23.15 and a beta of 0.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.72 and a quick ratio of 0.72.

White Mountains Insurance Group (NYSE:WTM – Get Rating) last announced its earnings results on Friday, May 6th. The insurance provider reported $7.64 earnings per share ( EPS ) for the quarter. The business had revenue of $338.50 million for the quarter.

Insider Buying and Selling at White Mountains Insurance Group

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the business's stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $1,270.94, for a total transaction of $127,094.00. Following the completion of the transaction, the chief accounting officer now owns 1,563 shares in the company, valued at $1,986,479.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.57% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on WTM shares. StockNews.com upgraded White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report on Tuesday, May 17th. TheStreet upgraded White Mountains Insurance Group from a "c" rating to a "b-" rating in a research report on Monday, June 6th.

About White Mountains Insurance Group

(Get Rating)

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. 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.

Further Reading

  • Get a free copy of the StockNews.com research report on White Mountains Insurance Group (WTM)
  • Home Depot, Lowe's On Track To Grow 2022 Earnings
  • Could Smaller be Better for Investors in Norwegian Cruise Lines?
  • Walmart Or Target: Which Is The Stronger Stock?
  • MarketBeat Podcast: Investing in What You Know Has Changed
  • Volume Surges Spark Turnarounds for These 3 Stocks

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.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.


Moomoo is a financial information and trading app offered by Moomoo Techonologies Inc.


In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).


In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. ("Moomoo Financial SG") regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial SG is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.


In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.