White Mountains Insurance Group (NYSE:WTM) Stock Rating Upgraded by Zacks Research

White Mountains Insurance Group (NYSE:WTM) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other brokerages have also recently commented on WTM. Wall Street Zen cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings cut White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $2,084.15 on Wednesday. The stock has a 50-day moving average of $2,195.61 and a two-hundred day moving average of $2,122.00. White Mountains Insurance Group has a one year low of $1,648.00 and a one year high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a market cap of $5.17 billion, a P/E ratio of 5.13 and a beta of 0.32.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly 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. As a group, research analysts predict that White Mountains Insurance Group will post 115 EPS for the current year.

Hedge Funds Weigh In On White Mountains Insurance Group

Institutional investors have recently modified their holdings of the stock. Miller Global Investments LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter valued at about $25,000. Torren Management LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC raised its stake in shares of White Mountains Insurance Group by 100.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock valued at $29,000 after buying an additional 7 shares during the last quarter. Global Assets Advisory LLC purchased a new position in shares of White Mountains Insurance Group during the 1st quarter valued at about $33,000. Finally, Geneos Wealth Management Inc. raised its stake in shares of White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after buying an additional 13 shares during the last quarter. 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. 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.