White Mountains Insurance Group (NYSE:WTM) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1,885.58 and traded as high as $2,098.88. White Mountains Insurance Group shares last traded at $2,061.7480, with a volume of 14,207 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Monday, December 22nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

White Mountains Insurance Group Trading Down 0.2%

The business’s 50-day moving average is $2,023.49 and its two-hundred day moving average is $1,888.11. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.23 billion, a PE ratio of 37.87 and a beta of 0.35.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Thursday, November 6th. The insurance provider reported $72.21 EPS for the quarter, beating the consensus estimate of $57.00 by $15.21. The company had revenue of $864.20 million for the quarter. White Mountains Insurance Group had a return on equity of 7.19% and a net margin of 5.63%.

Insider Buying and Selling

In related news, Director Philip A. Gelston sold 165 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the transaction, the director directly owned 1,568 shares of the company’s stock, valued at approximately $3,212,063.68. The trade was a 9.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in White Mountains Insurance Group by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 157,217 shares of the insurance provider’s stock valued at $262,792,000 after purchasing an additional 1,464 shares in the last quarter. Cooke & Bieler LP grew its stake in shares of White Mountains Insurance Group by 40.5% during the third quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider’s stock valued at $180,275,000 after acquiring an additional 31,070 shares in the last quarter. Boston Partners increased its position in shares of White Mountains Insurance Group by 4.9% during the second quarter. Boston Partners now owns 89,394 shares of the insurance provider’s stock worth $160,471,000 after acquiring an additional 4,158 shares during the last quarter. State Street Corp increased its position in shares of White Mountains Insurance Group by 4.2% during the second quarter. State Street Corp now owns 57,241 shares of the insurance provider’s stock worth $102,789,000 after acquiring an additional 2,297 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of White Mountains Insurance Group by 0.8% in the second quarter. Geode Capital Management LLC now owns 42,529 shares of the insurance provider’s stock worth $76,384,000 after acquiring an additional 343 shares in the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

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.