White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume – What’s Next?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) saw unusually-strong trading volume on Monday . Approximately 24,968 shares changed hands during trading, an increase of 88% from the previous session’s volume of 13,297 shares.The stock last traded at $1,753.13 and had previously closed at $1,707.94.

Analyst Ratings Changes

Separately, StockNews.com downgraded 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 Price Performance

The business has a fifty day moving average of $1,843.38 and a 200 day moving average of $1,874.82. The firm has a market cap of $4.47 billion, a P/E ratio of 19.55 and a beta of 0.34. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10.

White Mountains Insurance Group (NYSE:WTM) last issued its 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 Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were given a $1.00 dividend. This represents a dividend yield of 0.05%. The ex-dividend date of this dividend was Monday, March 17th. White Mountains Insurance Group’s payout ratio is presently 1.11%.

Institutional Trading of White Mountains Insurance Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC lifted its position in White Mountains Insurance Group by 276,054.7% during the first quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider’s stock worth $281,865,000 after acquiring an additional 146,309 shares during the last quarter. Cooke & Bieler LP bought a new position in shares of White Mountains Insurance Group during the fourth quarter worth approximately $66,268,000. Raymond James Financial Inc. acquired a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $63,160,000. Norges Bank bought a new stake in White Mountains Insurance Group in the 4th quarter valued at $59,661,000. Finally, Proficio Capital Partners LLC acquired a new position in White Mountains Insurance Group in the 4th quarter valued at $45,407,000. Institutional investors own 88.65% of the company’s stock.

About White Mountains Insurance Group

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.