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

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) saw unusually-strong trading volume on Monday . Approximately 31,509 shares changed hands during mid-day trading, an increase of 144% from the previous session’s volume of 12,928 shares.The stock last traded at $1,764.40 and had previously closed at $1,864.85.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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 company has a market cap of $4.33 billion, a PE ratio of 18.95 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. The firm has a 50 day simple moving average of $1,878.76 and a 200-day simple moving average of $1,875.97.

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 (EPS) 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 Dividend Announcement

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

Institutional Trading of White Mountains Insurance Group

A number of institutional investors have recently made changes to their positions in the business. FMR LLC boosted its stake in White Mountains Insurance Group by 7.8% in the 3rd quarter. FMR LLC now owns 22,196 shares of the insurance provider’s stock worth $37,649,000 after purchasing an additional 1,610 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of 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 purchasing an additional 202 shares during the last quarter. Townsquare Capital LLC boosted its holdings in shares of White Mountains Insurance Group by 13.9% in the 3rd quarter. Townsquare Capital LLC now owns 139 shares of the insurance provider’s stock valued at $236,000 after acquiring an additional 17 shares during the last quarter. Captrust Financial Advisors boosted its holdings in White Mountains Insurance Group by 1.1% in the third quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider’s stock valued at $909,000 after purchasing an additional 6 shares during the last quarter. Finally, Verition Fund Management LLC boosted its stake in shares of White Mountains Insurance Group by 26.5% in the third quarter. Verition Fund Management LLC now owns 391 shares of the insurance provider’s stock worth $663,000 after buying an additional 82 shares during the last quarter. Institutional investors and hedge funds 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.