OneAscent Financial Services LLC Acquires Shares of 253 White Mountains Insurance Group, Ltd. $WTM

OneAscent Financial Services LLC bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 253 shares of the insurance provider’s stock, valued at approximately $525,000.

Other large investors have also modified their holdings of the company. Allworth Financial LP acquired a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at approximately $93,000. Vise Technologies Inc. acquired a new position in White Mountains Insurance Group during the second quarter worth $209,000. NewEdge Wealth LLC acquired a new position in White Mountains Insurance Group during the second quarter worth $216,000. Ackerman Asset Management LLC purchased a new position in White Mountains Insurance Group in the second quarter worth $207,000. Finally, Great Lakes Advisors LLC purchased a new position in White Mountains Insurance Group in the second quarter worth $228,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $2,116.35 on Friday. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 4.82 and a beta of 0.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.74 and a quick ratio of 0.74. The business’s 50 day simple moving average is $2,121.70 and its 200-day simple moving average is $2,154.92. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,333.00.

Wall Street Analyst Weigh In

WTM has been the topic of several research analyst reports. Wall Street Zen upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings upgraded shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. Finally, Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About White Mountains Insurance Group

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.