White Mountains Insurance Group (NYSE:WTM) Cut to “Sell” at StockNews.com

StockNews.com cut shares of White Mountains Insurance Group (NYSE:WTM) from a hold rating to a sell rating in a research note issued to investors on Monday morning.

White Mountains Insurance Group Price Performance

WTM opened at $1,836.49 on Monday. White Mountains Insurance Group has a 1 year low of $1,650.00 and a 1 year high of $2,023.00. The company’s 50 day simple moving average is $1,913.83 and its 200 day simple moving average is $1,847.88. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $4.72 billion, a PE ratio of 7.27 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS for the quarter. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.

Institutional Trading of White Mountains Insurance Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its holdings in White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 9 shares during the period. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $37,000. Huntington National Bank raised its stake in shares of White Mountains Insurance Group by 57.1% during the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 8 shares in the last quarter. UMB Bank n.a. raised its stake in shares of White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after purchasing an additional 8 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in White Mountains Insurance Group by 104.2% in the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 25 shares in the last quarter. Institutional investors own 88.65% of the company’s stock.

About White Mountains Insurance Group

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.