Janney Montgomery Scott LLC Purchases 33 Shares of White Mountains Insurance Group, Ltd. $WTM

Janney Montgomery Scott LLC grew its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 8.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 446 shares of the insurance provider’s stock after buying an additional 33 shares during the quarter. Janney Montgomery Scott LLC’s holdings in White Mountains Insurance Group were worth $801,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Private Trust Co. NA lifted its position in shares of White Mountains Insurance Group by 87.5% during the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock worth $29,000 after buying an additional 7 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of White Mountains Insurance Group by 183.3% in the 2nd quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 11 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 13 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of White Mountains Insurance Group by 90.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 10 shares during the period. Finally, Steph & Co. bought a new stake in shares of White Mountains Insurance Group in the 2nd quarter worth approximately $47,000. Institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

White Mountains Insurance Group Stock Down 2.2%

White Mountains Insurance Group stock opened at $1,889.92 on Thursday. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,023.00. The firm has a market capitalization of $4.87 billion, a price-to-earnings ratio of 23.67 and a beta of 0.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The firm has a 50 day simple moving average of $1,797.39 and a 200 day simple moving average of $1,786.86.

White Mountains Insurance Group Profile

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.