Midwest Professional Planners LTD. Increases Stock Holdings in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Midwest Professional Planners LTD. increased its WTM stake by 194.7% in the second quarter, ending with 1,164 shares valued at approximately $2.41 million.
• Institutional investors own 88.65% of White Mountains Insurance Group; Goldman Sachs, UBS Asset Management and Jane Street also increased their positions.
• WTM shares opened at $2,097.94, down 0.2%, while analyst sentiment remained favorable with a consensus “Moderate Buy” rating.

Midwest Professional Planners LTD. increased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 194.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,164 shares of the insurance provider's stock after purchasing an additional 769 shares during the quarter. Midwest Professional Planners LTD.'s holdings in White Mountains Insurance Group were worth $2,413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of WTM. Integrated Wealth Concepts LLC boosted its stake in White Mountains Insurance Group by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider's stock worth $314,000 after buying an additional 27 shares during the period. NewEdge Advisors LLC raised its stake in shares of White Mountains Insurance Group by 17.2% in the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider's stock valued at $327,000 after acquiring an additional 25 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of White Mountains Insurance Group by 54.6% in the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider's stock valued at $8,202,000 after acquiring an additional 1,504 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of White Mountains Insurance Group by 11.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider's stock worth $21,737,000 after acquiring an additional 1,183 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of White Mountains Insurance Group by 101.4% during the 1st quarter. Jane Street Group LLC now owns 578 shares of the insurance provider's stock worth $1,113,000 after purchasing an additional 291 shares during the period. Hedge funds and other institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Down 0.2%

NYSE:WTM opened at $2,097.94 on Wednesday. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 4.77 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,333.00. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $2,138.33 and a 200-day simple moving average of $2,155.83.

Wall Street Analyst Weigh In

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

About White Mountains Insurance Group

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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