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

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 18,881 shares were traded during mid-day trading, an increase of 36% from the previous session's volume of 13,879 shares.The stock last traded at $1,779.80 and had previously closed at $1,797.65.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th.

White Mountains Insurance Group Stock Up 0.1%

The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm's 50 day simple moving average is $1,786.40 and its 200-day simple moving average is $1,865.15. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 19.86 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($14.00) by ($6.50). White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%. The business had revenue of $472.20 million during the quarter.

Institutional Investors Weigh In On White Mountains Insurance Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Barclays PLC increased its stake in shares of White Mountains Insurance Group by 101.9% during the 3rd quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after purchasing an additional 581 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of White Mountains Insurance Group by 51.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 357 shares of the insurance provider's stock worth $694,000 after purchasing an additional 121 shares during the last quarter. Blue Trust Inc. increased its stake in shares of White Mountains Insurance Group by 13.8% during the 4th quarter. Blue Trust Inc. now owns 107 shares of the insurance provider's stock worth $208,000 after purchasing an additional 13 shares during the last quarter. KBC Group NV increased its stake in shares of White Mountains Insurance Group by 2,539.7% during the 4th quarter. KBC Group NV now owns 2,059 shares of the insurance provider's stock worth $4,005,000 after purchasing an additional 1,981 shares during the last quarter. Finally, Waldron Private Wealth LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter worth about $204,000. 88.65% of the stock is currently 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.