White Mountains Insurance Group (NYSE:WTM) Stock Rating Upgraded by Wall Street Zen

White Mountains Insurance Group (NYSE:WTM) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report 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 report on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

White Mountains Insurance Group Stock Down 0.7%

White Mountains Insurance Group stock opened at $2,172.65 on Friday. The firm has a market cap of $5.37 billion, a price-to-earnings ratio of 5.03 and a beta of 0.32. White Mountains Insurance Group has a 52-week low of $1,648.00 and a 52-week high of $2,264.70. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a 50 day moving average price of $2,118.79 and a two-hundred day moving average price of $1,974.98.

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

Insider Transactions at White Mountains Insurance Group

In other White Mountains Insurance Group news, Director Philip A. Gelston sold 165 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total value of $338,004.15. Following the completion of the sale, the director directly owned 1,568 shares in the company, valued at approximately $3,212,063.68. This trade represents a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On White Mountains Insurance Group

Institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC grew its stake in shares of White Mountains Insurance Group by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock valued at $314,000 after buying an additional 27 shares during the period. NewEdge Advisors LLC raised its stake in White Mountains Insurance Group by 17.2% during the 1st quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock worth $327,000 after buying an additional 25 shares during the period. Goldman Sachs Group Inc. raised its stake in White Mountains Insurance Group by 54.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock worth $8,202,000 after buying an additional 1,504 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in White Mountains Insurance Group by 11.7% in the first 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 in the last quarter. Finally, Jane Street Group LLC boosted its holdings in White Mountains Insurance Group by 101.4% in the first quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock worth $1,113,000 after acquiring an additional 291 shares in the last quarter. Institutional investors and hedge funds 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.