BTG Pactual Asset Management US LLC Makes New $599,000 Investment in White Mountains Insurance Group, Ltd. $WTM

BTG Pactual Asset Management US LLC bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 289 shares of the insurance provider’s stock, valued at approximately $599,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Smartleaf Asset Management LLC grew its stake in White Mountains Insurance Group by 100.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 7 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in shares of White Mountains Insurance Group in the 1st quarter worth $33,000. Gables Capital Management Inc. purchased a new stake in shares of White Mountains Insurance Group in the 2nd quarter worth $31,000. Geneos Wealth Management Inc. grew its position in shares of White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after buying an additional 13 shares in the last quarter. Finally, Brown Brothers Harriman & Co. bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth $39,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Down 1.6%

White Mountains Insurance Group stock opened at $2,102.16 on Tuesday. The stock has a 50-day moving average of $2,136.84 and a two-hundred day moving average of $2,156.13. 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 stock has a market cap of $5.02 billion, a PE ratio of 4.78 and a beta of 0.29.

Analysts Set New Price Targets

Several brokerages have recently commented on WTM. Wall Street Zen upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. 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 given a Hold rating to the company. According to data from MarketBeat, the company has a consensus 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.