White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume – Should You Buy?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) saw unusually-strong trading volume on Thursday . Approximately 24,419 shares changed hands during mid-day trading, an increase of 100% from the previous session’s volume of 12,183 shares.The stock last traded at $1,868.16 and had previously closed at $1,865.51.

Analyst Ratings Changes

Separately, StockNews.com lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Monday, February 10th.

White Mountains Insurance Group Price Performance

The stock has a 50 day moving average of $1,878.78 and a two-hundred day moving average of $1,861.87. 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 firm has a market capitalization of $4.70 billion, a P/E ratio of 20.58 and a beta of 0.41.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

White Mountains Insurance Group Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be given a dividend of $1.00 per share. This represents a yield of 0.05%. The ex-dividend date of this dividend is Monday, March 17th. White Mountains Insurance Group’s dividend payout ratio is 1.11%.

Hedge Funds Weigh In On White Mountains Insurance Group

Institutional investors have recently made changes to their positions in the business. Phocas Financial Corp. acquired a new stake in White Mountains Insurance Group in the 4th quarter valued at approximately $11,091,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $420,000. Forum Financial Management LP grew its stake in shares of White Mountains Insurance Group by 14.7% in the fourth quarter. Forum Financial Management LP now owns 1,374 shares of the insurance provider’s stock worth $2,673,000 after acquiring an additional 176 shares during the last quarter. Vise Technologies Inc. increased its position in White Mountains Insurance Group by 21.6% during the fourth quarter. Vise Technologies Inc. now owns 169 shares of the insurance provider’s stock worth $329,000 after acquiring an additional 30 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in White Mountains Insurance Group by 32.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,104 shares of the insurance provider’s stock valued at $19,653,000 after purchasing an additional 2,464 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors.

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.