White Mountains Insurance Group (NYSE:WTM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

White Mountains Insurance Group, Ltd. (NYSE:WTM)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2,140.19 and traded as high as $2,239.95. White Mountains Insurance Group shares last traded at $2,213.5770, with a volume of 12,572 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on WTM shares. Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, White Mountains Insurance Group currently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Trading Up 0.8%

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a 50-day moving average price of $2,094.91 and a two-hundred day moving average price of $2,140.19. The stock has a market cap of $5.49 billion, a PE ratio of 5.44 and a beta of 0.29.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.The firm had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million. Sell-side analysts forecast that White Mountains Insurance Group, Ltd. will post 134 earnings per share for the current fiscal year.

Institutional Trading of White Mountains Insurance Group

Hedge funds have recently modified their holdings of the company. Miller Global Investments LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter valued at approximately $25,000. Torren Management LLC purchased a new position in shares of White Mountains Insurance Group in the fourth quarter valued at $27,000. Smartleaf Asset Management LLC increased its position in White Mountains Insurance Group by 100.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 7 shares during the last quarter. Global Assets Advisory LLC bought a new stake in White Mountains Insurance Group in the first quarter worth $33,000. Finally, Geneos Wealth Management Inc. raised its stake in White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 13 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.