White Mountains Insurance Group (NYSE:WTM) Lowered to Sell Rating by Wall Street Zen

Key Points

• White Mountains Insurance Group (NYSE: WTM) was downgraded by Wall Street Zen from hold to sell, while Weiss Ratings also trimmed its view from buy (B+) to buy (B). Despite the changes, MarketBeat still shows an overall consensus rating of Buy.
• The company reported strong quarterly results, posting earnings of $12.59 per share versus expectations for a loss and revenue of $517.8 million, well above analyst estimates. It also reported a 9.19% return on equity and a 28.44% net margin.
• White Mountains stock opened at $2,126.54, with a market cap of $5.27 billion and a P/E ratio of 5.23. Institutional investors hold the vast majority of shares, with 88.65% owned by institutions.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.

Separately, Weiss Ratings lowered White Mountains Insurance Group from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy".

White Mountains Insurance Group Stock Performance

WTM stock opened at $2,126.54 on Friday. The business's 50-day moving average price is $2,218.99 and its two-hundred day moving average price is $2,099.08. The company has a current ratio of 0.79, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14. The firm has a market cap of $5.27 billion, a PE ratio of 5.23 and a beta of 0.32. White Mountains Insurance Group has a 1-year low of $1,648.00 and a 1-year high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results on Wednesday, May 6th. The insurance provider reported $12.59 earnings per share for the quarter, topping the consensus estimate of ($4.00) by $16.59. The firm had revenue of $517.80 million for the quarter, compared to analyst estimates of $372.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.

Institutional Trading of White Mountains Insurance Group

A number of institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of White Mountains Insurance Group by 0.9% in the third 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. River Road Asset Management LLC lifted its holdings in shares of White Mountains Insurance Group by 10.3% in the fourth quarter. River Road Asset Management LLC now owns 120,880 shares of the insurance provider's stock valued at $251,192,000 after purchasing an additional 11,292 shares in the last quarter. Cooke & Bieler LP lifted its holdings in shares of White Mountains Insurance Group by 40.5% in the third quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider's stock valued at $180,275,000 after purchasing an additional 31,070 shares in the last quarter. State Street Corp lifted its holdings in shares of White Mountains Insurance Group by 4.2% in the second quarter. State Street Corp now owns 57,241 shares of the insurance provider's stock valued at $102,789,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in shares of White Mountains Insurance Group by 5.7% in the fourth quarter. Reinhart Partners LLC. now owns 43,973 shares of the insurance provider's stock valued at $91,413,000 after purchasing an additional 2,364 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Company Profile

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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