White Mountains Insurance Group (NYSE:WTM) Rating Increased to Hold 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 report sent to investors on Saturday morning.

WTM has been the subject of a number of other research reports. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Stock Down 0.3%

WTM stock opened at $2,135.74 on Friday. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 4.86 and a beta of 0.29. The firm has a 50-day moving average of $2,112.56 and a two-hundred day moving average of $2,152.22. White Mountains Insurance Group has a 12 month low of $1,648.00 and a 12 month high of $2,333.00. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.15.

Institutional Trading of White Mountains Insurance Group

Several hedge funds have recently modified their holdings of the stock. Torren Management LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth approximately $27,000. Smartleaf Asset Management LLC increased 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 valued at $29,000 after purchasing an additional 7 shares during the last quarter. Gables Capital Management Inc. acquired a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at $31,000. Global Assets Advisory LLC purchased a new stake in White Mountains Insurance Group during the 1st quarter worth about $33,000. Finally, Geneos Wealth Management Inc. boosted its position 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 worth $33,000 after acquiring an additional 13 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

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.