Wall Street Zen Downgrades White Mountains Insurance Group (NYSE:WTM) to Sell

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

Separately, Weiss Ratings cut shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

White Mountains Insurance Group Trading Down 0.1%

NYSE WTM opened at $2,126.54 on Friday. The company’s fifty day simple moving average is $2,218.99 and its 200-day simple moving average is $2,099.08. White Mountains Insurance Group has a 52 week low of $1,648.00 and a 52 week high of $2,333.00. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.27 billion, a P/E ratio of 5.23 and a beta of 0.32.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $517.80 million for the quarter, compared to analyst estimates of $515.40 million.

Institutional Trading of White Mountains Insurance Group

Several institutional investors have recently added to or reduced their stakes in WTM. Miller Global Investments LLC bought a new stake in White Mountains Insurance Group during the fourth quarter valued at $25,000. Torren Management LLC bought a new stake in White Mountains Insurance Group during the fourth quarter valued at $27,000. Smartleaf Asset Management LLC increased its stake in White Mountains Insurance Group by 100.0% during 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. Ameriflex Group Inc. bought a new position in shares of White Mountains Insurance Group during the third quarter worth about $33,000. Finally, Global Assets Advisory LLC bought a new position in shares of White Mountains Insurance Group during the first quarter worth about $33,000. Institutional investors 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.