Jupiter Topco LLC Invests $2.32 Million in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Jupiter Topco LLC acquired a new 1,123-share stake in White Mountains Insurance Group during the second quarter, valued at approximately $2.32 million.
• Institutional investors own 88.65% of WTM’s outstanding stock, while several analysts recently upgraded their views; MarketBeat reports an overall “Moderate Buy” rating.
• WTM opened at $2,114.30, with a $5.05 billion market capitalization and a 52-week trading range of $1,648 to $2,333.

Jupiter Topco LLC acquired a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,123 shares of the insurance provider's stock, valued at approximately $2,317,000.

A number of other institutional investors also recently modified their holdings of the business. Smartleaf Asset Management LLC increased its holdings in shares of White Mountains Insurance Group by 100.0% during 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 during the period. Gables Capital Management Inc. bought a new position in White Mountains Insurance Group during the 2nd quarter worth $31,000. Global Assets Advisory LLC bought a new stake in shares of White Mountains Insurance Group during the 1st quarter valued at $33,000. Geneos Wealth Management Inc. lifted 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 valued at $33,000 after acquiring an additional 13 shares during the period. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter worth $39,000. Institutional investors own 88.65% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Weiss Ratings raised shares of White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b)" rating in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research note on Saturday, August 15th. Finally, Zacks Research raised shares of White Mountains Insurance Group to a "hold" rating in a report on Wednesday, May 27th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy".

White Mountains Insurance Group Price Performance

WTM stock opened at $2,114.30 on Friday. The company has a market capitalization of $5.05 billion, a P/E ratio of 4.81 and a beta of 0.30. The company has a fifty day moving average price of $2,141.82 and a 200-day moving average price of $2,154.70. 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 52-week low of $1,648.00 and a 52-week high of $2,333.00.

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.

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