White Mountains Insurance Group (NYSE:WTM) Raised to “Hold” at Wall Street Zen

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

A number of other equities analysts have also commented on WTM. 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. Zacks Research raised 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Stock Down 0.1%

WTM opened at $2,135.74 on Friday. The firm has a market cap of $5.10 billion, a price-to-earnings ratio of 4.86 and a beta of 0.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.74 and a current ratio of 0.74. The firm’s 50-day simple moving average is $2,112.56 and its 200-day simple moving average is $2,152.74. White Mountains Insurance Group has a twelve month low of $1,648.00 and a twelve month high of $2,333.00.

Institutional Trading of White Mountains Insurance Group

A number of hedge funds and other institutional investors have recently made changes to their positions in WTM. Integrated Wealth Concepts LLC grew its holdings in White Mountains Insurance Group by 19.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after acquiring an additional 27 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of White Mountains Insurance Group by 17.2% in the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock worth $327,000 after acquiring an additional 25 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of White Mountains Insurance Group by 11.7% during 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 valued at $21,737,000 after acquiring an additional 1,183 shares during the period. Finally, Jane Street Group LLC increased its position 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 purchasing an additional 291 shares during the period. 88.65% of the stock is currently owned by institutional investors and hedge funds.

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.