862 Shares in White Mountains Insurance Group, Ltd. (WTM) Acquired by Caxton Associates LP

Caxton Associates LP purchased a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 862 shares of the insurance provider’s stock, valued at approximately $749,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Public Employees Retirement Association of Colorado lifted its position in shares of White Mountains Insurance Group by 2.2% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 137 shares of the insurance provider’s stock worth $119,000 after purchasing an additional 3 shares during the period. Teacher Retirement System of Texas lifted its position in shares of White Mountains Insurance Group by 0.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 366 shares of the insurance provider’s stock worth $318,000 after purchasing an additional 3 shares during the period. Royal Bank of Canada lifted its position in shares of White Mountains Insurance Group by 6.1% in the 2nd quarter. Royal Bank of Canada now owns 330 shares of the insurance provider’s stock worth $286,000 after purchasing an additional 19 shares during the period. Amalgamated Bank lifted its position in shares of White Mountains Insurance Group by 3.4% in the 1st quarter. Amalgamated Bank now owns 609 shares of the insurance provider’s stock worth $536,000 after purchasing an additional 20 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of White Mountains Insurance Group by 15.2% in the 1st quarter. SG Americas Securities LLC now owns 174 shares of the insurance provider’s stock worth $153,000 after purchasing an additional 23 shares during the period.

Shares of White Mountains Insurance Group, Ltd. (NYSE WTM) traded down 2.29% during midday trading on Monday, hitting $847.02. 7,409 shares of the stock traded hands. The stock has a 50-day moving average of $861.55 and a 200-day moving average of $865.13. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 36.52 and a beta of 0.53. White Mountains Insurance Group, Ltd. has a 52-week low of $815.04 and a 52-week high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, August 4th. The insurance provider reported $2.78 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a net margin of 9.80% and a return on equity of 1.01%. The business had revenue of $18.50 million during the quarter, compared to analyst estimates of $299.20 million. On average, equities analysts predict that White Mountains Insurance Group, Ltd. will post ($11.35) earnings per share for the current fiscal year.

White Mountains Insurance Group declared that its board has approved a stock buyback plan on Thursday, August 17th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the insurance provider to buy shares of its stock through a dutch auction. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Several equities research analysts have recently weighed in on the stock. ValuEngine raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th.

TRADEMARK VIOLATION WARNING: “862 Shares in White Mountains Insurance Group, Ltd. (WTM) Acquired by Caxton Associates LP” was originally reported by The Ledger Gazette and is owned by

Several other institutional investors and hedge funds have also made changes to their positions in the company. Public Employees Retirement Association of Colorado lifted its position in shares of White Mountains Insurance Group by 2.2% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 137 shares of the insurance provider’s stock worth $119,000 after purchasing an additional 3 shares during the period. Teacher Retirement System of Texas lifted its position in shares of White Mountains Insurance Group by 0.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 366 shares of the insurance provider’s stock worth $318,000 after purchasing an additional 3 shares during the period. Royal Bank of Canada lifted its position in shares of White Mountains Insurance Group by 6.1% in the 2nd quarter. Royal Bank of Canada now owns 330 shares of the insurance provider’s stock worth $286,000 after purchasing an additional 19 shares during the period. Amalgamated Bank lifted its position in shares of White Mountains Insurance Group by 3.4% in the 1st quarter. Amalgamated Bank now owns 609 shares of the insurance provider’s stock worth $536,000 after purchasing an additional 20 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of White Mountains Insurance Group by 15.2% in the 1st quarter. SG Americas Securities LLC now owns 174 shares of the insurance provider’s stock worth $153,000 after purchasing an additional 23 shares during the period.

Shares of White Mountains Insurance Group, Ltd. (NYSE WTM) traded down 2.29% during midday trading on Monday, hitting $847.02. 7,409 shares of the stock traded hands. The stock has a 50-day moving average of $861.55 and a 200-day moving average of $865.13. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 36.52 and a beta of 0.53. White Mountains Insurance Group, Ltd. has a 52-week low of $815.04 and a 52-week high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, August 4th. The insurance provider reported $2.78 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a net margin of 9.80% and a return on equity of 1.01%. The business had revenue of $18.50 million during the quarter, compared to analyst estimates of $299.20 million. On average, equities analysts predict that White Mountains Insurance Group, Ltd. will post ($11.35) earnings per share for the current fiscal year.

White Mountains Insurance Group declared that its board has approved a stock buyback plan on Thursday, August 17th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the insurance provider to buy shares of its stock through a dutch auction. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Several equities research analysts have recently weighed in on the stock. ValuEngine raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th.

TRADEMARK VIOLATION WARNING: “862 Shares in White Mountains Insurance Group, Ltd. (WTM) Acquired by Caxton Associates LP” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/09/862-shares-in-white-mountains-insurance-group-ltd-wtm-acquired-by-caxton-associates-lp.html.

White Mountains Insurance Group Profile

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 OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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

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