White Mountains Insurance Group (NYSE:WTM) Hits New 52-Week High – Should You Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $2,265.80 and last traded at $2,255.65, with a volume of 4034 shares trading hands. The stock had previously closed at $2,215.73.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WTM shares. Wall Street Zen cut White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings raised White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

White Mountains Insurance Group Trading Down 0.3%

The company’s fifty day simple moving average is $2,184.97 and its 200-day simple moving average is $2,040.22. The firm has a market capitalization of $5.71 billion, a PE ratio of 5.33 and a beta of 0.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.89 and a quick ratio of 0.89.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.The company had revenue of $1.60 billion for the quarter.

White Mountains Insurance Group Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were paid a dividend of $1.00 per share. This represents a yield of 5.0%. The ex-dividend date was Monday, March 16th. White Mountains Insurance Group’s payout ratio is 0.23%.

Hedge Funds Weigh In On White Mountains Insurance Group

Several hedge funds and other institutional investors have recently made changes to their positions in WTM. Miller Global Investments LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth approximately $25,000. Torren Management LLC purchased a new position in White Mountains Insurance Group in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC boosted its stake in White Mountains Insurance Group by 100.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 7 shares during the last quarter. Ameriflex Group Inc. acquired a new stake in White Mountains Insurance Group during the 3rd quarter worth $33,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after buying an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

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.