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

Key Points

• Analyst upgrades: Wall Street Zen raised White Mountains (NYSE: WTM) from "hold" to "buy" and Weiss Ratings also upgraded it from "hold (c+)" to "buy (b+)," leaving the stock with an average rating of Buy.
• Valuation and institutional interest: WTM trades around $2,172.65 with a market cap of $5.37 billion and a low P/E of 5.03, and institutional ownership is very high (~88.65%) with several large new/expanded stakes by firms such as Gendell, Norges Bank and M&T Bank.

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

Separately, Weiss Ratings raised shares of White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b+)" rating in a report on Monday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy".

White Mountains Insurance Group Stock Performance

WTM opened at $2,172.65 on Friday. White Mountains Insurance Group has a 1-year low of $1,648.00 and a 1-year high of $2,264.70. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 5.03 and a beta of 0.32. The business has a 50 day moving average price of $2,118.79 and a two-hundred day moving average price of $1,972.88. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.89 and a quick ratio of 0.75.

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

Insider Activity

In related news, Director Philip A. Gelston sold 165 shares of White Mountains Insurance Group stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total value of $338,004.15. Following the transaction, the director owned 1,568 shares of the company's stock, valued at approximately $3,212,063.68. This trade represents a 9.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Gendell Jeffrey L acquired a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $67,578,000. Norges Bank acquired a new position in White Mountains Insurance Group in the 4th quarter worth approximately $66,879,000. Cooke & Bieler LP boosted its stake 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 during the period. M&T Bank Corp purchased a new position in White Mountains Insurance Group during the 4th quarter worth approximately $38,545,000. Finally, River Road Asset Management LLC raised its stake in White Mountains Insurance Group by 10.3% during the 4th 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 during the period. 88.65% of the stock is currently 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.

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