White Mountains Insurance Group Ltd (NYSE:WTM) has been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also assigned White Mountains Insurance Group an industry rank of 181 out of 257 based on the ratings given to its competitors.
A number of brokerages have commented on WTM. ValuEngine raised shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Zacks Investment Research cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Saturday, November 10th.
Shares of NYSE WTM traded down $1.48 during trading on Friday, hitting $929.91. The company had a trading volume of 15,416 shares, compared to its average volume of 10,236. White Mountains Insurance Group has a fifty-two week low of $786.23 and a fifty-two week high of $980.89. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of -107.88 and a beta of 0.42. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.06.
White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Monday, November 5th. The insurance provider reported $1.05 earnings per share (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 during the quarter.
Institutional investors have recently added to or reduced their stakes in the business. Glen Harbor Capital Management LLC grew its position 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 worth $330,000 after buying an additional 56 shares in the last quarter. Hsbc Holdings PLC raised its position 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 worth $375,000 after acquiring an additional 62 shares in the last quarter. Parsons Capital Management Inc. RI raised its position 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 worth $1,070,000 after acquiring an additional 74 shares in the last quarter. Signaturefd LLC increased its stake in White Mountains Insurance Group by 77.8% in the 2nd quarter. Signaturefd LLC now owns 240 shares of the insurance provider’s stock worth $218,000 after purchasing an additional 105 shares in the last quarter. Finally, Parallel Advisors LLC grew its stake in White Mountains Insurance Group by 113.8% during the 2nd quarter. Parallel Advisors LLC now owns 248 shares of the insurance provider’s stock valued at $224,000 after acquiring an additional 132 shares in the last quarter. 86.42% of the stock is currently owned by institutional investors.
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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