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 note released on Saturday morning.

A number of other equities analysts have also recently issued reports on WTM. Weiss Ratings cut shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, White Mountains Insurance Group has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Stock Down 0.7%

WTM stock opened at $2,193.16 on Friday. White Mountains Insurance Group has a twelve month low of $1,648.00 and a twelve month high of $2,333.00. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14. The firm has a market cap of $5.44 billion, a PE ratio of 5.39 and a beta of 0.29. The business has a 50 day moving average of $2,102.93 and a 200 day moving average of $2,146.12.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.The company had revenue of $517.80 million during the quarter, compared to the consensus estimate of $515.40 million. On average, research analysts forecast that White Mountains Insurance Group will post 134 EPS for the current fiscal year.

Hedge Funds Weigh In On White Mountains Insurance Group

Hedge funds have recently modified their holdings of the company. Legacy Wealth Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 2.5% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 329 shares of the insurance provider’s stock valued at $682,000 after buying an additional 8 shares in the last quarter. Reinhart Partners LLC. boosted its stake in shares of White Mountains Insurance Group by 19.0% in the second quarter. Reinhart Partners LLC. now owns 44,480 shares of the insurance provider’s stock worth $92,265,000 after acquiring an additional 7,106 shares during the period. GAMMA Investing LLC grew its position in shares of White Mountains Insurance Group by 23.3% during the second quarter. GAMMA Investing LLC now owns 249 shares of the insurance provider’s stock worth $516,000 after purchasing an additional 47 shares in the last quarter. Edgestream Partners L.P. raised its stake in White Mountains Insurance Group by 491.7% during the 1st quarter. Edgestream Partners L.P. now owns 3,130 shares of the insurance provider’s stock valued at $6,876,000 after purchasing an additional 2,601 shares during the period. Finally, Amundi purchased a new position in White Mountains Insurance Group in the 1st quarter worth approximately $1,351,000. 88.65% of the stock is currently owned by institutional investors.

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.