White Mountains Insurance Group (NYSE:WTM – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday, Wall Street Zen reports.
A number of other equities research analysts have also recently commented on WTM. Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on White Mountains Insurance Group
White Mountains Insurance Group Trading Down 0.5%
NYSE:WTM opened at $2,100.96 on Friday. The company has a market capitalization of $5.01 billion, a PE ratio of 4.78 and a beta of 0.30. White Mountains Insurance Group has a 52-week low of $1,648.00 and a 52-week high of $2,333.00. The stock’s 50 day moving average price is $2,142.10 and its 200 day moving average price is $2,154.33. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.15.
Hedge Funds Weigh In On White Mountains Insurance Group
A number of institutional investors have recently made changes to their positions in WTM. California State Teachers Retirement System boosted its stake in shares of White Mountains Insurance Group by 198,189.9% during the second quarter. California State Teachers Retirement System now owns 5,724,630 shares of the insurance provider’s stock valued at $11,869,391,000 after acquiring an additional 5,721,743 shares during the last quarter. River Road Asset Management LLC raised its stake in White Mountains Insurance Group by 10.3% in the 4th quarter. River Road Asset Management LLC now owns 120,880 shares of the insurance provider’s stock valued at $251,192,000 after purchasing an additional 11,292 shares during the last quarter. BlackRock Inc. acquired a new position in White Mountains Insurance Group in the 2nd quarter valued at about $244,393,000. Wallace Capital Management Inc. purchased a new position in White Mountains Insurance Group in the 2nd quarter valued at about $166,010,000. Finally, State Street Corp lifted its holdings in White Mountains Insurance Group by 4.2% in the 2nd quarter. State Street Corp now owns 57,241 shares of the insurance provider’s stock valued at $102,789,000 after purchasing an additional 2,297 shares in the last quarter. 88.65% of the stock is 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.
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