White Mountains Insurance Group (NYSE:WTM) Sets New 1-Year High – Time to Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares hit a new 52-week high during trading on Friday . The stock traded as high as $2,212.28 and last traded at $2,228.7480, with a volume of 1745 shares traded. The stock had previously closed at $2,126.57.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of White Mountains Insurance Group in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

White Mountains Insurance Group Stock Up 2.8%

The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.55 billion, a price-to-earnings ratio of 5.06 and a beta of 0.36. The stock’s 50-day moving average price is $2,059.73 and its 200-day moving average price is $1,917.26.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing the consensus estimate of $379.45 by ($339.68). The business had revenue of $674.40 million for the quarter. White Mountains Insurance Group had a net margin of 5.63% and a return on equity of 7.19%.

Insider Buying and Selling at White Mountains Insurance Group

In related news, Director Philip A. Gelston sold 165 shares of White Mountains Insurance Group stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the transaction, the director owned 1,568 shares of the company’s stock, valued at $3,212,063.68. The trade was a 9.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of WTM. Cooke & Bieler LP grew its holdings in shares of White Mountains Insurance Group by 40.5% during the third quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider’s stock worth $180,275,000 after purchasing an additional 31,070 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in White Mountains Insurance Group by 7.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 31,698 shares of the insurance provider’s stock worth $52,318,000 after purchasing an additional 2,113 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of White Mountains Insurance Group in the 3rd quarter valued at about $2,950,000. Regency Capital Management Inc. DE purchased a new stake in shares of White Mountains Insurance Group during the third quarter valued at approximately $1,356,000. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of White Mountains Insurance Group by 8.0% during the second quarter. Janney Montgomery Scott LLC now owns 446 shares of the insurance provider’s stock worth $801,000 after purchasing an additional 33 shares during the period. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Company 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.