Envestnet Portfolio Solutions Inc. Raises Holdings in White Mountains Insurance Group, Ltd. $WTM

Envestnet Portfolio Solutions Inc. raised its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 13.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 327 shares of the insurance provider’s stock after purchasing an additional 40 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in White Mountains Insurance Group were worth $587,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA boosted its stake in 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 valued at $29,000 after purchasing an additional 7 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 valued at $33,000 after buying an additional 13 shares during the period. Fifth Third Bancorp lifted its holdings in shares of White Mountains Insurance Group by 183.3% during the 2nd quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider’s stock valued at $31,000 after buying an additional 11 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of White Mountains Insurance Group by 90.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock valued at $40,000 after buying an additional 10 shares during the period. Finally, Steph & Co. bought a new position in shares of White Mountains Insurance Group during the 2nd quarter valued at $47,000. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $1,920.57 on Wednesday. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,023.00. The stock’s fifty day moving average is $1,807.23 and its 200 day moving average is $1,787.56. The stock has a market cap of $4.95 billion, a P/E ratio of 24.06 and a beta of 0.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81.

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.