White Mountains Insurance Group (NYSE:WTM) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Saturday.

According to Zacks, “White Mountains Insurance Group, Ltd. is engaged in the business of property and casualty insurance and reinsurance. “

Separately, ValuEngine upgraded shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th.

NYSE WTM traded down $13.72 on Friday, reaching $883.54. The company had a trading volume of 10,188 shares, compared to its average volume of 13,528. The firm has a market cap of $2.82 billion, a PE ratio of -102.50 and a beta of 0.42. The company has a current ratio of 1.87, a quick ratio of 1.93 and a debt-to-equity ratio of 0.06. White Mountains Insurance Group has a 1-year low of $786.23 and a 1-year high of $980.89.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Monday, November 5th. The insurance provider reported $1.05 EPS for the quarter, missing the Zacks’ consensus estimate of $2.37 by ($1.32). White Mountains Insurance Group had a return on equity of 0.06% and a net margin of 3.94%. The business had revenue of $20.40 million for the quarter.

Several institutional investors have recently bought and sold shares of WTM. Columbia Asset Management acquired a new position in shares of White Mountains Insurance Group during the 3rd quarter worth about $172,000. Commonwealth Equity Services LLC acquired a new position in shares of White Mountains Insurance Group during the 2nd quarter worth about $207,000. Signaturefd LLC raised its holdings in shares of White Mountains Insurance Group by 77.8% in the 2nd quarter. Signaturefd LLC now owns 240 shares of the insurance provider’s stock valued at $218,000 after purchasing an additional 105 shares during the period. Country Club Trust Company n.a. bought a new stake in shares of White Mountains Insurance Group in the 2nd quarter valued at about $220,000. Finally, Parallel Advisors LLC raised its holdings in shares of White Mountains Insurance Group by 113.8% in the 2nd quarter. Parallel Advisors LLC now owns 248 shares of the insurance provider’s stock valued at $224,000 after purchasing an additional 132 shares during the period. Institutional investors own 87.80% of the company’s stock.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group Ltd. is an insurance holding company, which engages in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, MediaAlpha, and Other Operations. The HG Global/BAM segment refers to the White Mountains’s investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).

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