White Mountains Insurance Group Ltd (NYSE:WTM) Given Average Recommendation of “Hold” by Brokerages

Shares of White Mountains Insurance Group Ltd (NYSE:WTM) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.

Zacks has also assigned White Mountains Insurance Group an industry rank of 151 out of 255 based on the ratings given to related companies.

A number of hedge funds have recently made changes to their positions in WTM. First Trust Advisors LP raised its holdings in White Mountains Insurance Group by 4,280.7% during the 3rd quarter. First Trust Advisors LP now owns 20,239 shares of the insurance provider’s stock worth $21,858,000 after buying an additional 19,777 shares during the period. River Road Asset Management LLC raised its holdings in White Mountains Insurance Group by 17.5% during the 4th quarter. River Road Asset Management LLC now owns 74,072 shares of the insurance provider’s stock worth $82,628,000 after buying an additional 11,040 shares during the period. Reinhart Partners Inc. raised its holdings in White Mountains Insurance Group by 18.7% during the 4th quarter. Reinhart Partners Inc. now owns 47,019 shares of the insurance provider’s stock worth $52,450,000 after buying an additional 7,398 shares during the period. State Street Corp raised its holdings in White Mountains Insurance Group by 10.5% during the 3rd quarter. State Street Corp now owns 61,686 shares of the insurance provider’s stock worth $66,621,000 after buying an additional 5,843 shares during the period. Finally, California Public Employees Retirement System raised its holdings in White Mountains Insurance Group by 300.0% during the 3rd quarter. California Public Employees Retirement System now owns 6,692 shares of the insurance provider’s stock worth $7,227,000 after buying an additional 5,019 shares during the period. Hedge funds and other institutional investors own 84.74% of the company’s stock.

WTM stock traded down $1.79 during mid-day trading on Friday, hitting $1,107.05. 8,467 shares of the company were exchanged, compared to its average volume of 9,165. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.37 and a current ratio of 1.37. The firm has a market cap of $3.54 billion, a P/E ratio of 8.48 and a beta of 0.41. The firm’s 50 day simple moving average is $1,125.78 and its 200 day simple moving average is $1,096.71. White Mountains Insurance Group has a 1-year low of $903.50 and a 1-year high of $1,168.21.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurances services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.

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