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

Wall Street Zen cut shares of White Mountains Insurance Group (NYSE:WTM) from a buy rating to a hold rating in a report issued on Saturday morning.

Separately, Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

White Mountains Insurance Group Stock Up 0.1%

White Mountains Insurance Group stock opened at $2,171.50 on Friday. White Mountains Insurance Group has a twelve month low of $1,648.00 and a twelve month high of $2,264.70. The firm has a market capitalization of $5.36 billion, a P/E ratio of 5.02 and a beta of 0.35. The stock’s fifty day simple moving average is $2,169.23 and its 200-day simple moving average is $2,028.21. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings results on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). The firm had revenue of $1.60 billion for the quarter. White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.

White Mountains Insurance Group Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, March 25th. Investors of record on Monday, March 16th were issued a $1.00 dividend. This represents a yield of 5.0%. The ex-dividend date was Monday, March 16th. White Mountains Insurance Group’s payout ratio is presently 0.23%.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of large investors have recently bought and sold shares of WTM. Miller Global Investments LLC purchased a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $25,000. Torren Management LLC purchased a new position in shares of White Mountains Insurance Group in the 4th quarter worth $27,000. Smartleaf Asset Management LLC raised its position in shares of White Mountains Insurance Group by 100.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after buying an additional 7 shares during the period. Ameriflex Group Inc. acquired a new position in White Mountains Insurance Group in the third quarter valued at $33,000. Finally, Geneos Wealth Management Inc. grew its position in White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after acquiring an additional 13 shares during the period. 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.