Elevation Point Wealth Partners LLC Purchases Shares of 294 White Mountains Insurance Group, Ltd. $WTM

Elevation Point Wealth Partners LLC acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 294 shares of the insurance provider’s stock, valued at approximately $610,000.

Other large investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its holdings in White Mountains Insurance Group by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock valued at $314,000 after purchasing an additional 27 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of White Mountains Insurance Group by 17.2% in the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock worth $327,000 after buying an additional 25 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of White Mountains Insurance Group by 54.6% in the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock valued at $8,202,000 after buying an additional 1,504 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of White Mountains Insurance Group by 11.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock valued at $21,737,000 after buying an additional 1,183 shares during the period. Finally, Jane Street Group LLC raised its holdings in shares of White Mountains Insurance Group by 101.4% during the 1st quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock valued at $1,113,000 after buying an additional 291 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Up 1.1%

Shares of WTM opened at $2,133.28 on Tuesday. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,333.00. The stock has a 50-day moving average price of $2,125.48 and a 200 day moving average price of $2,155.90. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market capitalization of $5.10 billion, a P/E ratio of 4.85 and a beta of 0.29.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on WTM shares. Zacks Research upgraded White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Wall Street Zen upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.