White Mountains Insurance Group, Ltd. (WTM) is Speece Thorson Capital Group Inc.’s 8th Largest Position

Speece Thorson Capital Group Inc. lifted its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 20.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,475 shares of the insurance provider’s stock after acquiring an additional 3,413 shares during the period. White Mountains Insurance Group accounts for approximately 3.7% of Speece Thorson Capital Group Inc.’s holdings, making the stock its 8th biggest holding. Speece Thorson Capital Group Inc. owned 0.48% of White Mountains Insurance Group worth $17,547,000 as of its most recent SEC filing.

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

A number of research analysts recently issued reports on the stock. ValuEngine upgraded 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 cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Thursday, October 12th.

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) opened at $882.57 on Wednesday. The stock has a market cap of $3,329.49, a PE ratio of 82.29 and a beta of 0.54. White Mountains Insurance Group, Ltd. has a one year low of $821.15 and a one year high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Wednesday, November 8th. The insurance provider reported $5.36 EPS for the quarter, topping the consensus estimate of ($3.41) by $8.77. White Mountains Insurance Group had a net margin of 69.96% and a return on equity of 1.32%. The firm had revenue of $16.20 million for the quarter. analysts predict that White Mountains Insurance Group, Ltd. will post -7.55 earnings per share for the current year.

White Mountains Insurance Group announced that its Board of Directors has approved a stock buyback plan on Thursday, August 17th that authorizes the company to repurchase 500,000 shares. This repurchase authorization authorizes the insurance provider to reacquire shares of its stock through a dutch auction. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

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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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