White Mountains Insurance Group, Ltd. (NYSE:WTM) has been assigned 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 recommendation.

Zacks has also given White Mountains Insurance Group an industry rank of 211 out of 265 based on the ratings given to related companies.

Several analysts have issued reports on the stock. Zacks Investment Research raised shares of White Mountains Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 13th. ValuEngine raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.

White Mountains Insurance Group (NYSE WTM) traded up 0.64% during trading on Friday, reaching $864.48. The company’s stock had a trading volume of 25,902 shares. The firm has a 50-day moving average price of $860.67 and a 200-day moving average price of $874.57. The firm has a market capitalization of $3.70 billion, a P/E ratio of 37.27 and a beta of 0.52. White Mountains Insurance Group has a 52 week low of $805.10 and a 52 week high of $948.94.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Friday, August 4th. The insurance provider reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a net margin of 9.80% and a return on equity of 1.01%. The company had revenue of $18.50 million for the quarter, compared to the consensus estimate of $299.20 million. On average, equities analysts anticipate that White Mountains Insurance Group will post ($10.75) EPS for the current fiscal year.

White Mountains Insurance Group declared that its board has authorized a share buyback program on Thursday, August 17th that authorizes the company to repurchase 500,000 outstanding shares. This repurchase authorization authorizes the insurance provider to purchase shares of its stock through a dutch auction. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of White Mountains Insurance Group in the first quarter worth $114,000. Public Employees Retirement Association of Colorado increased its stake in shares of White Mountains Insurance Group by 2.2% in the second quarter. Public Employees Retirement Association of Colorado now owns 137 shares of the insurance provider’s stock worth $119,000 after acquiring an additional 3 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of White Mountains Insurance Group in the second quarter worth $135,000. SG Americas Securities LLC increased its stake in shares of White Mountains Insurance Group by 15.2% in the first quarter. SG Americas Securities LLC now owns 174 shares of the insurance provider’s stock worth $153,000 after acquiring an additional 23 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new position in shares of White Mountains Insurance Group in the first quarter worth $153,000. 88.05% of the stock is currently owned by institutional investors and hedge funds.

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White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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