White Mountains Insurance Group (NYSE:WTM) Stock Rating Lowered by StockNews.com

White Mountains Insurance Group (NYSE:WTM) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Separately, TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a report on Wednesday, January 17th.

White Mountains Insurance Group Trading Down 1.0 %

NYSE:WTM opened at $1,684.50 on Friday. The company’s 50 day moving average is $1,744.96 and its 200-day moving average is $1,590.28. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.12. White Mountains Insurance Group has a 12 month low of $1,319.05 and a 12 month high of $1,849.99. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 8.48 and a beta of 0.42.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share (EPS) for the quarter. The business had revenue of $453.80 million for the quarter. White Mountains Insurance Group had a net margin of 23.50% and a return on equity of 4.08%.

Institutional Investors Weigh In On White Mountains Insurance Group

Several hedge funds have recently made changes to their positions in WTM. Vanguard Group Inc. grew its stake in shares of White Mountains Insurance Group by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 280,559 shares of the insurance provider’s stock valued at $318,782,000 after purchasing an additional 1,197 shares during the period. Morgan Stanley grew its position in White Mountains Insurance Group by 0.5% in the third quarter. Morgan Stanley now owns 202,923 shares of the insurance provider’s stock valued at $303,512,000 after acquiring an additional 914 shares during the period. Dimensional Fund Advisors LP raised its stake in White Mountains Insurance Group by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 161,957 shares of the insurance provider’s stock worth $243,745,000 after acquiring an additional 1,464 shares in the last quarter. Moneta Group Investment Advisors LLC bought a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $228,701,000. Finally, Global Assets Advisory LLC acquired a new stake in shares of White Mountains Insurance Group in the 1st quarter valued at $241,384,000. Institutional investors own 88.65% of the company’s stock.

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.