White Mountains Insurance Group, Ltd. (NYSE:WTM) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also assigned White Mountains Insurance Group an industry rank of 207 out of 265 based on the ratings given to related companies.

A number of research analysts have recently weighed in on WTM shares. Zacks Investment Research upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. ValuEngine upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th.

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White Mountains Insurance Group (NYSE WTM) traded up 0.67% during mid-day trading on Friday, hitting $870.00. 25,797 shares of the stock were exchanged. The firm has a 50-day moving average price of $859.39 and a 200-day moving average price of $876.76. White Mountains Insurance Group has a 12-month low of $805.10 and a 12-month high of $948.94. The stock has a market capitalization of $3.73 billion, a P/E ratio of 37.51 and a beta of 0.52.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Friday, August 4th. The insurance provider reported $2.78 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a return on equity of 1.01% and a net margin of 9.80%. The company had revenue of $18.50 million for the quarter, compared to analyst estimates of $299.20 million. Equities analysts predict that White Mountains Insurance Group will post ($10.75) earnings per share for the current fiscal year.

White Mountains Insurance Group declared that its board has authorized a share buyback plan on Thursday, August 17th that authorizes the company to repurchase 500,000 outstanding shares. This repurchase authorization authorizes the insurance provider to reacquire shares of its stock through a dutch auction. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. raised its position in White Mountains Insurance Group by 9,312.9% in the first quarter. BlackRock Inc. now owns 187,505 shares of the insurance provider’s stock worth $164,984,000 after buying an additional 185,513 shares in the last quarter. Fiduciary Management Inc. WI acquired a new stake in shares of White Mountains Insurance Group during the first quarter worth approximately $44,533,000. JPMorgan Chase & Co. raised its stake in shares of White Mountains Insurance Group by 343.7% in the first quarter. JPMorgan Chase & Co. now owns 39,060 shares of the insurance provider’s stock worth $34,368,000 after buying an additional 30,256 shares during the period. Eagle Asset Management Inc. acquired a new stake in shares of White Mountains Insurance Group during the first quarter worth approximately $14,894,000. Finally, Scout Investments Inc. raised its stake in shares of White Mountains Insurance Group by 47.7% in the first quarter. Scout Investments Inc. now owns 46,844 shares of the insurance provider’s stock worth $37,597,000 after buying an additional 15,131 shares during the period. Institutional investors own 87.42% of the company’s stock.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.

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