White Mountains Insurance Group (NYSE:WTM) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

White Mountains Insurance Group, Ltd. (NYSE:WTM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2,134.63 and traded as high as $2,198.87. White Mountains Insurance Group shares last traded at $2,163.3530, with a volume of 14,273 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on WTM shares. Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings downgraded shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

White Mountains Insurance Group Price Performance

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 50 day simple moving average of $2,094.91 and a 200-day simple moving average of $2,134.63. The firm has a market cap of $5.37 billion, a PE ratio of 5.32 and a beta of 0.29.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share 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 business had revenue of $517.80 million during the quarter, compared to the consensus estimate of $515.40 million. Equities analysts anticipate that White Mountains Insurance Group, Ltd. will post 115 earnings per share for the current fiscal year.

Institutional Investors Weigh In On White Mountains Insurance Group

A number of institutional investors have recently added to or reduced their stakes in the stock. 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 valued at $314,000 after buying an additional 27 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of White Mountains Insurance Group by 17.2% during 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. boosted its position in shares of White Mountains Insurance Group by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock worth $8,202,000 after acquiring an additional 1,504 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in 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 in the last quarter. Finally, Jane Street Group LLC grew its stake in White Mountains Insurance Group by 101.4% during the first quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock valued at $1,113,000 after acquiring an additional 291 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

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.