Lexington Hill Partners LLC purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 520 shares of the insurance provider’s stock, valued at approximately $1,142,000. White Mountains Insurance Group makes up about 0.6% of Lexington Hill Partners LLC’s investment portfolio, making the stock its 29th biggest position.
Several other institutional investors have also bought and sold shares of the business. Miller Global Investments LLC bought a new stake in shares of White Mountains Insurance Group in the 4th quarter worth about $25,000. Torren Management LLC bought a new position in shares of White Mountains Insurance Group in the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC lifted its holdings in shares of White Mountains Insurance Group by 100.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 7 shares during the last quarter. Geneos Wealth Management Inc. grew its position in White Mountains Insurance Group by 325.0% in the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 13 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in White Mountains Insurance Group in the fourth quarter worth about $39,000. Institutional investors own 88.65% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on WTM. Wall Street Zen cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Weiss Ratings lowered White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Finally, Zacks Research upgraded White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
White Mountains Insurance Group Trading Down 0.0%
Shares of WTM opened at $2,013.07 on Friday. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,333.00. The company has a market cap of $4.99 billion, a P/E ratio of 4.95 and a beta of 0.29. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The company’s fifty day simple moving average is $2,142.83 and its 200-day simple moving average is $2,129.49.
White Mountains Insurance Group (NYSE:WTM – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). The firm had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. As a group, analysts expect that White Mountains Insurance Group, Ltd. will post 115 EPS for the current year.
White Mountains Insurance Group Company Profile
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.
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