Fortitude Family Office LLC Purchases New Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Fortitude Family Office LLC purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 19 shares of the insurance provider’s stock, valued at approximately $37,000.

Other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc increased its holdings in White Mountains Insurance Group by 90.0% during the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares during the period. UMB Bank n.a. boosted its position in White Mountains Insurance Group by 40.0% during the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after acquiring an additional 8 shares in the last quarter. GAMMA Investing LLC boosted its position in White Mountains Insurance Group by 104.2% during the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock valued at $83,000 after acquiring an additional 25 shares in the last quarter. Quarry LP bought a new stake in White Mountains Insurance Group during the 2nd quarter valued at approximately $93,000. Finally, KBC Group NV boosted its position in White Mountains Insurance Group by 21.9% during the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock valued at $132,000 after acquiring an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $1,822.10 on Friday. The stock’s 50 day simple moving average is $1,930.82 and its two-hundred day simple moving average is $1,821.79. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 7.21 and a beta of 0.46. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,515.43 and a fifty-two week high of $2,023.00.

About White Mountains Insurance Group

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