White Mountains Insurance Group (NYSE:WTM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of White Mountains Insurance Group (NYSE:WTM – Free Report) from a hold rating to a buy rating in a research report report published on Saturday,Wall Street Zen reports.

A number of other equities analysts also recently weighed in on WTM. Weiss Ratings upgraded White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. Zacks Research raised White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, White Mountains Insurance Group presently has an average rating of “Moderate Buy”.

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White Mountains Insurance Group Stock Down 0.1%

White Mountains Insurance Group stock opened at $2,100.96 on Friday. White Mountains Insurance Group has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.74 and a current ratio of 0.74. The firm’s 50-day simple moving average is $2,142.32 and its 200 day simple moving average is $2,153.13. The stock has a market cap of $5.02 billion, a PE ratio of 4.78 and a beta of 0.30.

Hedge Funds Weigh In On White Mountains Insurance Group

Several large investors have recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 100.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock valued at $29,000 after buying an additional 7 shares in the last quarter. Gables Capital Management Inc. bought a new position in White Mountains Insurance Group in the 2nd quarter worth approximately $31,000. Global Assets Advisory LLC purchased a new position in White Mountains Insurance Group in the 1st quarter valued at approximately $33,000. Geneos Wealth Management Inc. grew its stake in White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after buying an additional 13 shares in the last quarter. Finally, Brown Brothers Harriman & Co. bought a new stake in White Mountains Insurance Group during the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Company Profile

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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.

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