White Mountains Insurance Group Ltd. (NYSE:WTM) – Langen Mcalenn lifted their Q3 2016 EPS estimates for White Mountains Insurance Group in a research report issued on Thursday. Langen Mcalenn analyst R. Glasspiegel now anticipates that the firm will earn $1.99 per share for the quarter, up from their previous estimate of $1.86.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported ($8.93) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $10.41. White Mountains Insurance Group had a negative return on equity of 0.62% and a net margin of 31.31%.

Separately, Zacks Investment Research raised shares of White Mountains Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 14th.

White Mountains Insurance Group (NYSE:WTM) opened at 812.08 on Monday. The firm’s 50-day moving average is $823.14 and its 200 day moving average is $813.13. White Mountains Insurance Group has a 52-week low of $689.31 and a 52-week high of $852.58. The stock has a market capitalization of $3.95 billion, a PE ratio of 8.01 and a beta of 0.40.

A number of hedge funds have recently modified their holdings of the company. CENTRAL TRUST Co boosted its stake in shares of White Mountains Insurance Group by 10.4% in the second quarter. CENTRAL TRUST Co now owns 127 shares of the company’s stock valued at $107,000 after buying an additional 12 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in shares of White Mountains Insurance Group by 12.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 175 shares of the company’s stock worth $141,000 after buying an additional 19 shares during the last quarter. Legal & General Group Plc raised its position in shares of White Mountains Insurance Group by 7.9% in the first quarter. Legal & General Group Plc now owns 245 shares of the company’s stock worth $196,000 after buying an additional 18 shares during the last quarter. Societe Generale bought a new position in shares of White Mountains Insurance Group during the second quarter worth about $202,000. Finally, State of Alaska Department of Revenue raised its position in shares of White Mountains Insurance Group by 5.6% in the second quarter. State of Alaska Department of Revenue now owns 245 shares of the company’s stock worth $206,000 after buying an additional 13 shares during the last quarter. 84.30% of the stock is currently owned by hedge funds and other institutional investors.

In other White Mountains Insurance Group news, insider Jess Brian Palmer sold 1,370 shares of the company’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $820.89, for a total transaction of $1,124,619.30. Following the sale, the insider now directly owns 2,031 shares of the company’s stock, valued at $1,667,227.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.30% of the company’s stock.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is an insurance holding company. The Company’s segments include OneBeacon, HG Global/BAM and Other Operations. Its principal businesses are conducted through its insurance, reinsurance and insurance services subsidiaries and affiliates. Its OneBeacon segment consists of OneBeacon Insurance Group, Ltd., which owns a family of property and casualty insurance companies (collectively, OneBeacon).

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