White Mountains Insurance Group (NYSE:WTM - Get Free Report) was downgraded by investment analysts at StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Monday.
White Mountains Insurance Group Stock Performance
WTM traded up $1.79 during midday trading on Monday, hitting $1,835.97. 8,044 shares of the company traded hands, compared to its average volume of 14,251. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $4.72 billion, a PE ratio of 7.27 and a beta of 0.45. The company's 50-day moving average is $1,910.84 and its 200 day moving average is $1,847.80. White Mountains Insurance Group has a 52 week low of $1,665.71 and a 52 week high of $2,023.00.
White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS for the quarter. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.
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. Two Sigma Securities LLC increased its position in shares of White Mountains Insurance Group by 30.4% during the 4th quarter. Two Sigma Securities LLC now owns 206 shares of the insurance provider's stock valued at $401,000 after purchasing an additional 48 shares during the last quarter. Lord Abbett & CO. LLC increased its holdings in White Mountains Insurance Group by 0.3% in the 4th quarter. Lord Abbett & CO. LLC now owns 33,116 shares of the insurance provider's stock worth $64,413,000 after acquiring an additional 104 shares in the last quarter. Voya Investment Management LLC increased its holdings in White Mountains Insurance Group by 52.8% in the 4th quarter. Voya Investment Management LLC now owns 495 shares of the insurance provider's stock worth $963,000 after acquiring an additional 171 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in White Mountains Insurance Group in the 4th quarter worth approximately $265,000. Finally, MGO One Seven LLC purchased a new stake in White Mountains Insurance Group in the 4th quarter worth approximately $342,000. Hedge funds and other institutional investors own 88.65% of the company's stock.
White Mountains Insurance Group Company Profile
(
Get Free Report)
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.
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