White Mountains Insurance Group (NYSE:WTM) Stock Rating Lowered by Wall Street Zen

White Mountains Insurance Group (NYSE:WTM) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

Several other equities analysts also recently issued reports on the stock. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. Weiss Ratings cut White Mountains Insurance Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

White Mountains Insurance Group Stock Up 0.2%

Shares of NYSE:WTM opened at $2,101.14 on Friday. The firm has a 50 day simple moving average of $2,102.10 and a 200-day simple moving average of $2,148.81. White Mountains Insurance Group has a twelve month low of $1,648.00 and a twelve month high of $2,333.00. 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 company has a market capitalization of $5.21 billion, a PE ratio of 5.17 and a beta of 0.29.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. The company had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million. On average, equities analysts predict that White Mountains Insurance Group will post 134 EPS for the current fiscal year.

Institutional Trading of White Mountains Insurance Group

Large investors have recently bought and sold shares of the business. River Road Asset Management LLC increased its stake in 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 valued at $251,192,000 after purchasing an additional 11,292 shares during the period. State Street Corp grew its holdings in shares of White Mountains Insurance Group by 4.2% during the second quarter. State Street Corp now owns 57,241 shares of the insurance provider’s stock worth $102,789,000 after buying an additional 2,297 shares during the last quarter. Reinhart Partners LLC. grew its holdings in shares of White Mountains Insurance Group by 19.0% during the second quarter. Reinhart Partners LLC. now owns 44,480 shares of the insurance provider’s stock worth $92,265,000 after buying an additional 7,106 shares during the last quarter. Gendell Jeffrey L acquired a new position in White Mountains Insurance Group in the 4th quarter valued at about $67,578,000. Finally, Norges Bank acquired a new position in White Mountains Insurance Group in the 4th quarter valued at about $66,879,000. 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.