White Mountains Insurance Group Ltd (NYSE:WTM) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also given White Mountains Insurance Group an industry rank of 165 out of 255 based on the ratings given to related companies.
A number of brokerages recently issued reports on WTM. ValuEngine upgraded White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Zacks Investment Research upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Monday, July 16th.
Shares of WTM opened at $876.12 on Wednesday. White Mountains Insurance Group has a 12 month low of $786.23 and a 12 month high of $980.89. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.06. The firm has a market cap of $2.79 billion, a PE ratio of -101.64 and a beta of 0.37.
White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Tuesday, August 7th. The insurance provider reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.89. The company had revenue of $16.40 million during the quarter. White Mountains Insurance Group had a return on equity of 0.59% and a net margin of 147.61%. Analysts forecast that White Mountains Insurance Group will post 3.12 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. purchased a new position in White Mountains Insurance Group in the 3rd quarter worth $14,556,000. Reinhart Partners Inc. raised its stake in White Mountains Insurance Group by 0.9% in the 3rd quarter. Reinhart Partners Inc. now owns 41,835 shares of the insurance provider’s stock worth $39,152,000 after acquiring an additional 391 shares during the last quarter. Aperio Group LLC raised its stake in White Mountains Insurance Group by 4.3% in the 3rd quarter. Aperio Group LLC now owns 16,977 shares of the insurance provider’s stock worth $15,888,000 after acquiring an additional 695 shares during the last quarter. Welch & Forbes LLC purchased a new position in White Mountains Insurance Group in the 3rd quarter worth $511,000. Finally, First Hawaiian Bank purchased a new position in White Mountains Insurance Group in the 3rd quarter worth $431,000. Institutional investors own 87.46% of the company’s stock.
White Mountains Insurance Group Company Profile
White Mountains Insurance Group Ltd. is an insurance holding company, which engages in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, MediaAlpha, and Other Operations. The HG Global/BAM segment refers to the White Mountains’s investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).
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