Mraz Amerine & Associates Inc. Reduces Holdings in White Mountains Insurance Group Ltd (NYSE:WTM)

Mraz Amerine & Associates Inc. cut its holdings in shares of White Mountains Insurance Group Ltd (NYSE:WTM) by 1.7% during the second quarter, Holdings Channel.com reports. The firm owned 27,638 shares of the insurance provider’s stock after selling 472 shares during the period. White Mountains Insurance Group makes up 8.4% of Mraz Amerine & Associates Inc.’s holdings, making the stock its 2nd biggest holding. Mraz Amerine & Associates Inc.’s holdings in White Mountains Insurance Group were worth $28,231,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WTM. Dimensional Fund Advisors LP raised its stake in White Mountains Insurance Group by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 121,813 shares of the insurance provider’s stock worth $104,478,000 after buying an additional 1,552 shares during the period. Norges Bank acquired a new position in White Mountains Insurance Group during the 4th quarter worth approximately $25,919,000. Geode Capital Management LLC raised its stake in White Mountains Insurance Group by 10.9% during the 4th quarter. Geode Capital Management LLC now owns 31,049 shares of the insurance provider’s stock worth $26,630,000 after buying an additional 3,055 shares during the period. Deutsche Bank AG raised its stake in White Mountains Insurance Group by 13.1% during the 4th quarter. Deutsche Bank AG now owns 3,349 shares of the insurance provider’s stock worth $2,870,000 after buying an additional 388 shares during the period. Finally, Avalon Advisors LLC raised its stake in White Mountains Insurance Group by 1.1% during the 1st quarter. Avalon Advisors LLC now owns 3,975 shares of the insurance provider’s stock worth $3,679,000 after buying an additional 42 shares during the period. Hedge funds and other institutional investors own 87.12% of the company’s stock.

Separately, TheStreet raised White Mountains Insurance Group from a “c” rating to a “b” rating in a research note on Monday, May 13th.

In related news, Director Lowndes Andrew Smith sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $1,086.21, for a total transaction of $1,086,210.00. Following the transaction, the director now directly owns 2,023 shares of the company’s stock, valued at approximately $2,197,402.83. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jess Brian Palmer sold 431 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $1,016.57, for a total value of $438,141.67. Following the transaction, the insider now directly owns 1,620 shares in the company, valued at $1,646,843.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,931 shares of company stock worth $3,072,792. 2.50% of the stock is owned by company insiders.

WTM stock traded up $12.78 during trading on Friday, reaching $1,078.90. 15,200 shares of the stock were exchanged, compared to its average volume of 14,477. The firm’s 50 day moving average is $1,058.71 and its 200 day moving average is $972.98. White Mountains Insurance Group Ltd has a twelve month low of $832.88 and a twelve month high of $1,104.14. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.08.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurances services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha 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.

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

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