White Mountains Insurance Group (NYSE:WTM) Cut to Hold at Wall Street Zen

White Mountains Insurance Group (NYSE:WTMGet Free Report) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings upgraded shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, White Mountains Insurance Group has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on WTM

White Mountains Insurance Group Price Performance

WTM opened at $2,171.50 on Friday. The stock has a 50-day moving average price of $2,169.23 and a 200-day moving average price of $2,026.04. White Mountains Insurance Group has a 12-month low of $1,648.00 and a 12-month high of $2,264.70. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.39 billion, a P/E ratio of 5.02 and a beta of 0.35.

White Mountains Insurance Group (NYSE:WTMGet Free Report) last announced its quarterly earnings data on Friday, February 6th. The insurance provider reported $39.77 earnings per share for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). The firm had revenue of $1.60 billion for the quarter. White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.12%.

Institutional Investors Weigh In On White Mountains Insurance Group

A number of large investors have recently added to or reduced their stakes in the company. Miller Global Investments LLC bought a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $25,000. Torren Management LLC bought a new stake in shares of White Mountains Insurance Group in the fourth quarter worth about $27,000. Smartleaf Asset Management LLC grew its stake in shares of White Mountains Insurance Group by 100.0% in 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 last quarter. Geneos Wealth Management Inc. increased its holdings in 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 purchasing an additional 13 shares during the period. Finally, Brown Brothers Harriman & Co. purchased a new position in White Mountains Insurance Group during the 4th quarter valued at about $39,000. Institutional investors own 88.65% of the company’s stock.

About White Mountains Insurance Group

(Get Free Report)

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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