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

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares saw an uptick in trading volume on Thursday . 15,346 shares were traded during 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 Analyst Weigh In

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 Trading Down 3.1 %

The business has a fifty day moving average of $1,902.23 and a two-hundred day moving average of $1,850.62. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 20.40 and a beta of 0.45. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data 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%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc boosted its holdings in White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 9 shares in the last quarter. Fortitude Family Office LLC bought a new stake in White Mountains Insurance Group in the fourth quarter valued at about $37,000. Huntington National Bank increased its stake in White Mountains Insurance Group by 57.1% in the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 8 shares during the period. GeoWealth Management LLC increased its stake in White Mountains Insurance Group by 26.9% in the fourth quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock valued at $64,000 after acquiring an additional 7 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in White Mountains Insurance Group during the fourth quarter worth about $103,000. 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.