Brokerages Expect White Mountains Insurance Group Ltd (WTM) to Post $1.16 Earnings Per Share

Shares of White Mountains Insurance Group Ltd (NYSE:WTM) have been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, 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 160 out of 256 based on the ratings given to related companies.

Several equities analysts recently issued reports on the stock. ValuEngine upgraded shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. Zacks Investment Research cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 10th.

WTM traded up $2.36 during trading on Monday, hitting $883.42. 335 shares of the stock traded hands, compared to its average volume of 15,925. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $2.80 billion, a P/E ratio of -102.48 and a beta of 0.49. White Mountains Insurance Group has a 12-month low of $786.23 and a 12-month high of $980.89.

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

In other White Mountains Insurance Group news, Director Lowndes Andrew Smith sold 200 shares of the company’s stock in a transaction that occurred on Thursday, December 20th. The shares were sold at an average price of $845.85, for a total value of $169,170.00. Following the completion of the transaction, the director now directly owns 3,052 shares in the company, valued at $2,581,534.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 4.00% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Columbia Asset Management bought a new stake in shares of White Mountains Insurance Group in the third quarter worth $172,000. Panagora Asset Management Inc. raised its stake in White Mountains Insurance Group by 6,166.7% during the third quarter. Panagora Asset Management Inc. now owns 188 shares of the insurance provider’s stock valued at $176,000 after purchasing an additional 185 shares in the last quarter. HPM Partners LLC bought a new position in shares of White Mountains Insurance Group in the third quarter worth about $204,000. Tower Research Capital LLC TRC boosted its holdings in shares of White Mountains Insurance Group by 8,050.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 326 shares of the insurance provider’s stock valued at $305,000 after buying an additional 322 shares in the last quarter. Finally, Glen Harbor Capital Management LLC raised its position in White Mountains Insurance Group by 18.2% during the 2nd quarter. Glen Harbor Capital Management LLC now owns 364 shares of the insurance provider’s stock worth $330,000 after buying an additional 56 shares during the last quarter. Institutional investors own 86.30% of the company’s stock.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and reinsurance services in the United States. The company operates through HG Global/BAM, MediaAlpha, and Other segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities.

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