Wealth Enhancement Advisory Services LLC Boosts Stake in White Mountains Insurance Group, Ltd. $WTM

Wealth Enhancement Advisory Services LLC lifted its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 33.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 231 shares of the insurance provider’s stock after purchasing an additional 58 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in White Mountains Insurance Group were worth $412,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. Crossmark Global Holdings Inc. purchased a new stake in shares of White Mountains Insurance Group in the first quarter valued at approximately $233,000. Private Trust Co. NA lifted its stake in White Mountains Insurance Group by 87.5% in the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock valued at $29,000 after buying an additional 7 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of White Mountains Insurance Group by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider’s stock worth $33,257,000 after acquiring an additional 855 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of White Mountains Insurance Group during the first quarter worth $406,000. Finally, Summit Trail Advisors LLC grew its stake in White Mountains Insurance Group by 66.4% during the 1st quarter. Summit Trail Advisors LLC now owns 486 shares of the insurance provider’s stock valued at $936,000 after acquiring an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM opened at $1,863.51 on Tuesday. The stock’s 50-day moving average is $1,780.06 and its two-hundred day moving average is $1,785.10. The company has a market cap of $4.80 billion, a price-to-earnings ratio of 23.34 and a beta of 0.31. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,023.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of White Mountains Insurance Group in a research note on Saturday, September 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, White Mountains Insurance Group has an average rating of “Hold”.

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.