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

White Mountains Insurance Group (NYSE:WTM) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other research firms have also recently weighed in on WTM. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings lowered shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

White Mountains Insurance Group Trading Up 0.1%

NYSE:WTM opened at $2,209.32 on Friday. White Mountains Insurance Group has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market capitalization of $5.48 billion, a PE ratio of 5.43 and a beta of 0.29. The business’s 50-day simple moving average is $2,101.82 and its 200-day simple moving average is $2,145.07.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). The business had revenue of $517.80 million for the quarter, compared to the consensus estimate of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. Sell-side analysts expect that White Mountains Insurance Group will post 134 earnings per share for the current fiscal year.

Institutional Investors Weigh In On White Mountains Insurance Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Torren Management LLC acquired a new position in White Mountains Insurance Group during the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC raised its holdings 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 valued at $29,000 after purchasing an additional 7 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of White Mountains Insurance Group in the first quarter valued at approximately $33,000. Geneos Wealth Management Inc. lifted its position in shares of White Mountains Insurance Group by 325.0% in the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 13 shares in the last quarter. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of White Mountains Insurance Group in the fourth quarter worth $39,000. 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.