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

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

A number of other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of White Mountains Insurance Group during the 2nd quarter valued at approximately $83,000. Quantbot Technologies LP acquired a new stake in shares of White Mountains Insurance Group during the second quarter worth $232,000. Evolve Private Wealth LLC bought a new position in shares of White Mountains Insurance Group in the 2nd quarter worth about $241,000. Keating Financial Advisory Services Inc. bought a new position in shares of White Mountains Insurance Group in the 2nd quarter worth about $44,000. Finally, OneAscent Financial Services LLC acquired a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at about $525,000. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Stock Up 1.1%

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. Wall Street Zen upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Zacks Research raised White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

White Mountains Insurance Group Company 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.