White Mountains Insurance Group (NYSE:WTM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of White Mountains Insurance Group (NYSE:WTM) from a sell rating to a hold rating in a research report released on Saturday morning.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $2,112.08 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.74 and a current ratio of 0.74. 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 firm has a market cap of $5.05 billion, a PE ratio of 4.81 and a beta of 0.29. The business has a 50 day moving average price of $2,114.30 and a 200-day moving average price of $2,153.17.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of hedge funds and other institutional investors have recently made changes to their positions in WTM. Lecap Asset Management Ltd. purchased a new stake in shares of White Mountains Insurance Group in the 4th quarter worth about $707,000. M&T Bank Corp bought a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at about $38,545,000. Sei Investments Co. increased its position in shares of White Mountains Insurance Group by 40.2% during the first quarter. Sei Investments Co. now owns 11,098 shares of the insurance provider’s stock valued at $24,382,000 after buying an additional 3,182 shares during the period. Amundi purchased a new position in shares of White Mountains Insurance Group during the first quarter valued at about $1,351,000. Finally, Edgestream Partners L.P. raised its stake in White Mountains Insurance Group by 491.7% in the first quarter. Edgestream Partners L.P. now owns 3,130 shares of the insurance provider’s stock worth $6,876,000 after buying an additional 2,601 shares in the last quarter. Institutional investors own 88.65% of the company’s stock.

About White Mountains Insurance Group

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.