White Mountains Insurance Group (NYSE:WTM) Rating Lowered to “Hold” at Wall Street Zen

White Mountains Insurance Group (NYSE:WTM) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings upgraded 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 research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

White Mountains Insurance Group Price Performance

NYSE:WTM opened at $2,171.50 on Friday. White Mountains Insurance Group has a 52 week low of $1,648.00 and a 52 week high of $2,264.70. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.89 and a current ratio of 0.89. The firm’s 50-day simple moving average is $2,169.23 and its 200 day simple moving average is $2,030.37. The firm has a market cap of $5.39 billion, a price-to-earnings ratio of 5.02 and a beta of 0.35.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data 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 company 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%.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of institutional investors have recently modified their holdings of WTM. Rockefeller Capital Management L.P. boosted its stake in White Mountains Insurance Group by 36.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 300 shares of the insurance provider’s stock valued at $624,000 after buying an additional 80 shares in the last quarter. Corient Private Wealth LLC raised its stake in White Mountains Insurance Group by 51.5% during the fourth quarter. Corient Private Wealth LLC now owns 906 shares of the insurance provider’s stock worth $1,882,000 after acquiring an additional 308 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in White Mountains Insurance Group by 335.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 61 shares of the insurance provider’s stock worth $127,000 after acquiring an additional 47 shares in the last quarter. River Road Asset Management LLC lifted its holdings in shares of White Mountains Insurance Group by 10.3% in the fourth quarter. River Road Asset Management LLC now owns 120,880 shares of the insurance provider’s stock worth $251,192,000 after acquiring an additional 11,292 shares during the last quarter. Finally, Kera Capital Partners Inc. acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at approximately $233,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

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.