White Mountains Insurance Group (WTM) Reaches New 12-Month High at $957.00

White Mountains Insurance Group Ltd (NYSE:WTM)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $957.00 and last traded at $966.45, with a volume of 344 shares changing hands. The stock had previously closed at $946.63.

Several brokerages have commented on WTM. Zacks Investment Research raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Monday, July 16th. ValuEngine raised shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd.

The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.93 and a current ratio of 1.93. The stock has a market cap of $2.97 billion, a P/E ratio of -113.57 and a beta of 0.37.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings results on Tuesday, August 7th. The insurance provider reported $1.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.89. White Mountains Insurance Group had a net margin of 147.61% and a return on equity of 0.59%. The company had revenue of $16.40 million during the quarter. analysts anticipate that White Mountains Insurance Group Ltd will post 3.12 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Mount Yale Investment Advisors LLC acquired a new stake in shares of White Mountains Insurance Group in the 1st quarter valued at $109,000. Signaturefd LLC acquired a new stake in shares of White Mountains Insurance Group in the 1st quarter valued at $111,000. Flinton Capital Management LLC acquired a new stake in shares of White Mountains Insurance Group in the 1st quarter valued at $145,000. Meadow Creek Investment Management LLC acquired a new stake in shares of White Mountains Insurance Group in the 1st quarter valued at $199,000. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at $207,000.

About White Mountains Insurance Group (NYSE:WTM)

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and reinsurance services in the United States. The company operates through HG Global/BAM, MediaAlpha, and Other segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities.

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