White Mountains Insurance Group (NYSE:WTM) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Price breakout: WTM's share price crossed above its 200‑day moving average (200‑day MA $2,005.92), trading as high as $2,220.56 and last at $2,209.70 on Tuesday with roughly 16,453 shares changing hands.
• Analyst upgrades: Multiple firms (including Wall Street Zen and Weiss Ratings) upgraded WTM from "hold" to "buy," and MarketBeat shows a consensus rating of Buy.
• Fundamentals & dividend: The company has a market cap of $5.46B and a low P/E of 5.11, recently announced a $1.00 annual dividend (~5.0% yield), but reported quarterly EPS of $39.77 which missed expectations.

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2,005.92 and traded as high as $2,220.56. White Mountains Insurance Group shares last traded at $2,209.7040, with a volume of 16,453 shares traded.

Analysts Set New Price Targets

WTM has been the topic of a number of recent analyst reports. Wall Street Zen raised White Mountains Insurance Group from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Weiss Ratings raised White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b+)" rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy".

White Mountains Insurance Group Stock Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.89 and a quick ratio of 0.89. The company has a fifty day moving average price of $2,149.70 and a 200 day moving average price of $2,005.92. The stock has a market cap of $5.46 billion, a P/E ratio of 5.11 and a beta of 0.32.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $379.45 by ($339.68). White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.The firm had revenue of $1.60 billion during the quarter.

White Mountains Insurance Group Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th will be paid a $1.00 dividend. This represents a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, March 16th. White Mountains Insurance Group's dividend payout ratio (DPR) is 0.23%.

Institutional Investors Weigh In On White Mountains Insurance Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Cooke & Bieler LP grew its position in White Mountains Insurance Group by 40.5% in the 3rd quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider's stock worth $180,275,000 after purchasing an additional 31,070 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of White Mountains Insurance Group by 7.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 31,698 shares of the insurance provider's stock worth $52,318,000 after buying an additional 2,113 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of White Mountains Insurance Group in the 3rd quarter worth approximately $2,950,000. Mraz Amerine & Associates Inc. boosted its stake in shares of White Mountains Insurance Group by 4.8% in the 3rd quarter. Mraz Amerine & Associates Inc. now owns 22,606 shares of the insurance provider's stock worth $37,787,000 after buying an additional 1,030 shares during the last quarter. Finally, Regency Capital Management Inc. DE bought a new position in shares of White Mountains Insurance Group in the third quarter valued at approximately $1,356,000. 88.65% of the stock is owned by 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.

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