White Mountains Insurance Group (NYSE:WTM) Sees Strong Trading Volume – Time to Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM) saw an uptick in trading volume on Friday . 22,661 shares traded hands during trading, an increase of 82% from the previous session’s volume of 12,459 shares.The stock last traded at $1,917.50 and had previously closed at $1,899.99.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market capitalization of $4.84 billion, a PE ratio of 21.16 and a beta of 0.41. The firm has a fifty day moving average price of $1,879.59 and a two-hundred day moving average price of $1,869.51.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share 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 business also recently announced an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is currently 1.11%.

Institutional Trading of White Mountains Insurance Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its holdings in White Mountains Insurance Group by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 25,220 shares of the insurance provider’s stock worth $42,778,000 after purchasing an additional 379 shares during the period. FMR LLC raised its holdings in shares of White Mountains Insurance Group by 7.8% in the third quarter. FMR LLC now owns 22,196 shares of the insurance provider’s stock valued at $37,649,000 after acquiring an additional 1,610 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in White Mountains Insurance Group by 204.0% in the third quarter. BNP Paribas Financial Markets now owns 301 shares of the insurance provider’s stock worth $511,000 after acquiring an additional 202 shares during the period. Townsquare Capital LLC grew its holdings in White Mountains Insurance Group by 13.9% during the 3rd quarter. Townsquare Capital LLC now owns 139 shares of the insurance provider’s stock worth $236,000 after acquiring an additional 17 shares in the last quarter. Finally, Glenmede Trust Co. NA increased its position in White Mountains Insurance Group by 1.9% during the 3rd quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider’s stock valued at $651,000 after purchasing an additional 7 shares during the period. 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.