White Mountains Insurance Group Ltd (WTM) Receives Consensus Rating of “Hold” from Analysts

White Mountains Insurance Group Ltd (NYSE:WTM) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Zacks has also assigned White Mountains Insurance Group an industry rank of 193 out of 257 based on the ratings given to its competitors.

Several analysts have recently commented on the stock. Zacks Investment Research cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Friday, August 10th. ValuEngine raised shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Glen Harbor Capital Management LLC grew its stake in shares of White Mountains Insurance Group by 18.2% during the second quarter. Glen Harbor Capital Management LLC now owns 364 shares of the insurance provider’s stock valued at $330,000 after purchasing an additional 56 shares during the last quarter. Hsbc Holdings PLC boosted its stake in White Mountains Insurance Group by 18.3% in the third quarter. Hsbc Holdings PLC now owns 400 shares of the insurance provider’s stock valued at $375,000 after acquiring an additional 62 shares during the last quarter. Parsons Capital Management Inc. RI boosted its stake in White Mountains Insurance Group by 6.7% in the second quarter. Parsons Capital Management Inc. RI now owns 1,180 shares of the insurance provider’s stock valued at $1,070,000 after acquiring an additional 74 shares during the last quarter. Signaturefd LLC boosted its stake in White Mountains Insurance Group by 77.8% in the second quarter. Signaturefd LLC now owns 240 shares of the insurance provider’s stock valued at $218,000 after acquiring an additional 105 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in White Mountains Insurance Group by 113.8% in the second quarter. Parallel Advisors LLC now owns 248 shares of the insurance provider’s stock valued at $224,000 after acquiring an additional 132 shares during the last quarter. 86.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE WTM traded down $13.25 during mid-day trading on Friday, hitting $915.50. 323 shares of the stock were exchanged, compared to its average volume of 10,236. White Mountains Insurance Group has a twelve month low of $786.23 and a twelve month high of $980.89. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.06. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of -106.36 and a beta of 0.42.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings results on Monday, November 5th. The insurance provider reported $1.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.37 by ($1.32). White Mountains Insurance Group had a net margin of 3.94% and a return on equity of 0.06%. The company had revenue of $20.40 million for the quarter.

White Mountains Insurance Group Company Profile

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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