White Mountains Insurance Group (NYSE:WTM) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of White Mountains Insurance Group (NYSE:WTM) from a buy rating to a hold rating in a report released 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, March 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

White Mountains Insurance Group Stock Up 1.4%

WTM opened at $2,200.30 on Friday. The company has a 50 day moving average of $2,171.68 and a 200 day moving average of $2,033.50. The company has a market cap of $5.46 billion, a PE ratio of 5.09 and a beta of 0.35. White Mountains Insurance Group has a 12 month low of $1,648.00 and a 12 month high of $2,264.70. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14.

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

White Mountains Insurance Group Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were issued a $1.00 dividend. This represents a yield of 5.0%. The ex-dividend date of this dividend was Monday, March 16th. White Mountains Insurance Group’s dividend payout ratio (DPR) is presently 0.23%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Miller Global Investments LLC bought a new position in White Mountains Insurance Group in the 4th quarter valued at $25,000. Torren Management LLC purchased a new position in White Mountains Insurance Group during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC grew its position in White Mountains Insurance Group by 100.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after buying an additional 7 shares in the last quarter. Geneos Wealth Management Inc. grew its position in White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after buying an additional 13 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in White Mountains Insurance Group during the fourth quarter worth about $39,000. 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.