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

White Mountains Insurance Group, Ltd. (NYSE:WTM) saw an uptick in trading volume on Thursday . 15,346 shares changed hands during mid-day trading, an increase of 15% from the previous session’s volume of 13,330 shares.The stock last traded at $1,869.85 and had previously closed at $1,871.67.

Wall Street Analysts Forecast Growth

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

White Mountains Insurance Group Trading Down 3.1 %

The company has a market cap of $4.72 billion, a P/E ratio of 20.40 and a beta of 0.45. The stock’s 50 day moving average is $1,902.23 and its 200-day moving average is $1,850.62. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10.

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

Institutional Investors Weigh In On White Mountains Insurance Group

Institutional investors and hedge funds have recently modified their holdings of the company. Captrust Financial Advisors lifted 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 acquiring an additional 6 shares during the period. Glenmede Trust Co. NA grew its holdings in shares of 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 worth $651,000 after purchasing an additional 7 shares during the period. AMG National Trust Bank grew its holdings in shares of White Mountains Insurance Group by 1.2% during the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider’s stock worth $1,104,000 after purchasing an additional 7 shares during the period. Arizona State Retirement System boosted its holdings in White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider’s stock valued at $1,451,000 after acquiring an additional 7 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in White Mountains Insurance Group by 0.7% during the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider’s stock valued at $1,963,000 after acquiring an additional 7 shares during the period. Institutional investors and hedge funds 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.