White Mountains Insurance Group (NYSE:WTM) Sets New 12-Month High – Time to Buy?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) reached a new 52-week high on Monday . The company traded as high as $2,045.80 and last traded at $2,033.9950, with a volume of 1161 shares traded. The stock had previously closed at $2,024.25.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Monday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

White Mountains Insurance Group Stock Up 0.2%

The stock has a market cap of $5.16 billion, a PE ratio of 25.41 and a beta of 0.37. The business has a fifty day moving average of $1,892.55 and a 200-day moving average of $1,825.64. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Thursday, November 6th. The insurance provider reported $72.21 earnings per share for the quarter, beating analysts’ consensus estimates of $57.00 by $15.21. White Mountains Insurance Group had a return on equity of 9.17% and a net margin of 8.34%.The business had revenue of $864.20 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its holdings in shares of White Mountains Insurance Group by 0.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 157,217 shares of the insurance provider’s stock valued at $262,792,000 after purchasing an additional 1,464 shares in the last quarter. Cooke & Bieler LP increased its holdings in White Mountains Insurance Group by 40.5% during the third quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider’s stock valued at $180,275,000 after buying an additional 31,070 shares during the period. Boston Partners increased its holdings in White Mountains Insurance Group by 4.9% during the second quarter. Boston Partners now owns 89,394 shares of the insurance provider’s stock valued at $160,471,000 after buying an additional 4,158 shares during the period. Fiduciary Management Inc. WI raised its stake in White Mountains Insurance Group by 46.2% in the first quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock worth $138,264,000 after buying an additional 22,681 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in White Mountains Insurance Group by 8.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider’s stock worth $120,298,000 after buying an additional 4,711 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Company Profile

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.