BTG Pactual Asset Management US LLC Takes $599,000 Position in White Mountains Insurance Group, Ltd. $WTM

BTG Pactual Asset Management US LLC acquired a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 289 shares of the insurance provider’s stock, valued at approximately $599,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sei Investments Co. raised its position in White Mountains Insurance Group by 40.2% during the 1st quarter. Sei Investments Co. now owns 11,098 shares of the insurance provider’s stock worth $24,382,000 after buying an additional 3,182 shares during the last quarter. Edgestream Partners L.P. boosted its holdings in shares of White Mountains Insurance Group by 491.7% in the 1st quarter. Edgestream Partners L.P. now owns 3,130 shares of the insurance provider’s stock valued at $6,876,000 after acquiring an additional 2,601 shares during the last quarter. Boussard & Gavaudan Gestion Sas purchased a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at $24,460,000. Winmill & CO. Inc. acquired a new stake in shares of White Mountains Insurance Group in the second quarter worth $9,952,000. Finally, Amundi acquired a new stake in shares of White Mountains Insurance Group in the first quarter worth $1,351,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $2,102.16 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. The stock has a market capitalization of $5.02 billion, a PE ratio of 4.78 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The company has a fifty day moving average of $2,136.84 and a two-hundred day moving average of $2,156.13.

Wall Street Analysts Forecast Growth

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

White Mountains Insurance Group 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.