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

Key Points

• White Mountains Insurance Group experienced a significant increase in trading volume, with about 75,850 shares changing hands—an increase of 283% from the previous day.
• Wall Street analysts have updated their rating for the company's shares from "sell" to "hold."
• A substantial portion of the company’s stock, 88.65%, is now owned by institutional investors and hedge funds, highlighting strong institutional interest.

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw strong trading volume on Tuesday . 75,850 shares changed hands during trading, an increase of 283% from the previous session's volume of 19,828 shares.The stock last traded at $1,789.75 and had previously closed at $1,767.16.

White Mountains Insurance Group Stock Up 0.5%

The firm has a 50-day moving average of $1,799.88 and a 200 day moving average of $1,800.87. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 22.33 and a beta of 0.38.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. bought a new stake in White Mountains Insurance Group in the first quarter valued at approximately $233,000. Private Trust Co. NA raised its stake in White Mountains Insurance Group by 87.5% in the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock valued at $29,000 after buying an additional 7 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in White Mountains Insurance Group by 6.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 173 shares of the insurance provider's stock valued at $333,000 after buying an additional 11 shares during the period. Deutsche Bank AG raised its stake in White Mountains Insurance Group by 120.3% in the fourth quarter. Deutsche Bank AG now owns 337 shares of the insurance provider's stock valued at $655,000 after buying an additional 184 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in White Mountains Insurance Group by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider's stock valued at $33,257,000 after buying an additional 855 shares during the period. 88.65% of the stock is owned by institutional investors and hedge funds.

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.