White Mountains Insurance Group (NYSE:WTM) Lifted to “Buy” at StockNews.com

StockNews.com upgraded shares of White Mountains Insurance Group (NYSE:WTM) from a hold rating to a buy rating in a research report report published on Friday.

Separately, TheStreet upgraded White Mountains Insurance Group from a c+ rating to a b rating in a research note on Wednesday, January 17th.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $1,773.10 on Friday. White Mountains Insurance Group has a one year low of $1,319.05 and a one year high of $1,849.99. The stock’s fifty day moving average is $1,732.12 and its 200 day moving average is $1,584.36. The stock has a market cap of $4.54 billion, a P/E ratio of 8.93 and a beta of 0.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 EPS for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The company had revenue of $453.80 million for the quarter.

White Mountains Insurance Group Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a yield of 0.06%. White Mountains Insurance Group’s payout ratio is presently 0.50%.

Institutional Investors Weigh In On White Mountains Insurance Group

A number of institutional investors have recently bought and sold shares of the business. Reinhart Partners LLC. grew its position in shares of White Mountains Insurance Group by 1.1% during the first quarter. Reinhart Partners LLC. now owns 38,225 shares of the insurance provider’s stock valued at $68,588,000 after purchasing an additional 406 shares in the last quarter. Speece Thorson Capital Group Inc. grew its position in shares of White Mountains Insurance Group by 0.7% during the fourth quarter. Speece Thorson Capital Group Inc. now owns 13,001 shares of the insurance provider’s stock valued at $19,567,000 after purchasing an additional 86 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of White Mountains Insurance Group by 4.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,362 shares of the insurance provider’s stock valued at $2,050,000 after purchasing an additional 62 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in shares of White Mountains Insurance Group by 2.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 1,079 shares of the insurance provider’s stock valued at $1,624,000 after purchasing an additional 28 shares in the last quarter. Finally, GTS Securities LLC purchased a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $233,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.