White Mountains Insurance Group (NYSE:WTM) Sees Large Volume Increase – Should You Buy?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) saw unusually-high trading volume on Thursday . Approximately 16,120 shares traded hands during trading, an increase of 35% from the previous session’s volume of 11,917 shares.The stock last traded at $1,836.36 and had previously closed at $1,835.75.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Trading Up 1.8 %

The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 20.99 and a beta of 0.41. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The business’s 50 day simple moving average is $1,883.51 and its 200 day simple moving average is $1,859.12.

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

White Mountains Insurance Group Announces Dividend

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 issued a $1.00 dividend. 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 currently 1.11%.

Hedge Funds Weigh In On White Mountains Insurance Group

Hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc increased its holdings in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after buying an additional 9 shares during the period. Fortitude Family Office LLC bought a new position in White Mountains Insurance Group in the 4th quarter valued at about $37,000. Huntington National Bank increased its holdings in White Mountains Insurance Group by 57.1% in the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock valued at $43,000 after buying an additional 8 shares during the period. GeoWealth Management LLC increased its holdings in White Mountains Insurance Group by 26.9% in the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock valued at $64,000 after buying an additional 7 shares during the period. Finally, Eagle Bay Advisors LLC bought a new position in White Mountains Insurance Group in the 4th quarter valued at about $103,000. 88.65% of the stock is 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.