StockNews.com Lowers White Mountains Insurance Group (NYSE:WTM) to Hold

StockNews.com cut shares of White Mountains Insurance Group (NYSE:WTMFree Report) from a buy rating to a hold rating in a report published on Saturday morning.

Separately, TheStreet raised White Mountains Insurance Group from a c+ rating to a b rating in a report on Wednesday, January 17th.

Get Our Latest Stock Report on WTM

White Mountains Insurance Group Stock Up 0.1 %

NYSE:WTM opened at $1,689.73 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 8.51 and a beta of 0.42. White Mountains Insurance Group has a twelve month low of $1,319.05 and a twelve month high of $1,849.99. The stock’s 50 day moving average price is $1,746.91 and its two-hundred day moving average price is $1,592.31.

White Mountains Insurance Group (NYSE:WTMGet Free Report) last posted its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share for the quarter. The business had revenue of $453.80 million for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%.

White Mountains Insurance Group Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were issued a dividend of $1.00 per share. This represents a dividend yield of 0.06%. The ex-dividend date of this dividend was Friday, March 8th. White Mountains Insurance Group’s payout ratio is presently 0.50%.

Institutional Trading of White Mountains Insurance Group

Several institutional investors have recently added to or reduced their stakes in WTM. JPMorgan Chase & Co. grew its holdings in White Mountains Insurance Group by 6.2% in the 1st quarter. JPMorgan Chase & Co. now owns 2,171 shares of the insurance provider’s stock valued at $2,466,000 after buying an additional 127 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in White Mountains Insurance Group by 24.7% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 293 shares of the insurance provider’s stock valued at $333,000 after buying an additional 58 shares in the last quarter. US Bancorp DE grew its holdings in White Mountains Insurance Group by 29.1% in the 1st quarter. US Bancorp DE now owns 133 shares of the insurance provider’s stock valued at $151,000 after buying an additional 30 shares in the last quarter. HighTower Advisors LLC acquired a new position in White Mountains Insurance Group in the 1st quarter valued at $211,000. Finally, PNC Financial Services Group Inc. grew its holdings in White Mountains Insurance Group by 202.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 354 shares of the insurance provider’s stock valued at $403,000 after buying an additional 237 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

About White Mountains Insurance Group

(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.

Featured Articles

Receive News & Ratings for White Mountains Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Mountains Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.