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

White Mountains Insurance Group, Ltd. (NYSE:WTM) saw an uptick in trading volume on Friday . 22,661 shares were traded during mid-day trading, an increase of 82% from the previous session’s volume of 12,459 shares.The stock last traded at $1,917.50 and had previously closed at $1,899.99.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut 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 Stock Down 1.4 %

The company has a market capitalization of $4.88 billion, a P/E ratio of 21.32 and a beta of 0.41. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a 50 day moving average of $1,878.44 and a 200-day moving average of $1,867.71.

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 return on equity of 10.56% and a net margin of 10.29%.

White Mountains Insurance Group Announces Dividend

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

Hedge Funds Weigh In On White Mountains Insurance Group

A number of institutional investors have recently bought and sold shares of WTM. Vanguard Group Inc. boosted its position in White Mountains Insurance Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider’s stock valued at $489,647,000 after acquiring an additional 956 shares in the last quarter. Boston Partners boosted its position in shares of White Mountains Insurance Group by 0.4% during the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider’s stock valued at $165,820,000 after purchasing an additional 348 shares in the last quarter. Wallace Capital Management Inc. grew its stake in White Mountains Insurance Group by 1.3% in the third quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider’s stock worth $139,708,000 after purchasing an additional 1,062 shares during the period. State Street Corp raised its holdings in White Mountains Insurance Group by 5.2% in the third quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock worth $93,082,000 after purchasing an additional 2,714 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in White Mountains Insurance Group by 0.7% during the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock valued at $67,603,000 after buying an additional 273 shares during the period. 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.