White Mountains Insurance Group Ltd (WTM) Receives Average 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 cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also given White Mountains Insurance Group an industry rank of 76 out of 255 based on the ratings given to its competitors.

WTM has been the subject of several recent research reports. ValuEngine lowered shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Zacks Investment Research lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Friday, August 10th.

NYSE:WTM opened at $979.01 on Friday. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.06. The company has a market cap of $2.97 billion, a price-to-earnings ratio of -113.57 and a beta of 0.37. White Mountains Insurance Group has a fifty-two week low of $786.23 and a fifty-two week high of $980.89.

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

Several institutional investors have recently added to or reduced their stakes in WTM. Victory Capital Management Inc. increased its position in shares of White Mountains Insurance Group by 604.8% in the second quarter. Victory Capital Management Inc. now owns 104,312 shares of the insurance provider’s stock worth $94,571,000 after acquiring an additional 89,512 shares in the last quarter. Northern Trust Corp grew its holdings in White Mountains Insurance Group by 106.0% during the 1st quarter. Northern Trust Corp now owns 63,959 shares of the insurance provider’s stock valued at $52,606,000 after purchasing an additional 32,917 shares in the last quarter. Fenimore Asset Management Inc. acquired a new stake in White Mountains Insurance Group during the 2nd quarter valued at $24,385,000. Dimensional Fund Advisors LP grew its holdings in White Mountains Insurance Group by 36.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 90,583 shares of the insurance provider’s stock valued at $74,506,000 after purchasing an additional 23,995 shares in the last quarter. Finally, Nuance Investments LLC grew its holdings in White Mountains Insurance Group by 82.9% during the 2nd quarter. Nuance Investments LLC now owns 37,730 shares of the insurance provider’s stock valued at $34,206,000 after purchasing an additional 17,099 shares in the last 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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