White Mountains Insurance Group (NYSE:WTM) Sees Large Volume Increase - What's Next?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 24,029 shares traded hands during mid-day trading, an increase of 71% from the previous session's volume of 14,050 shares.The stock last traded at $1,775.96 and had previously closed at $1,813.97.

Analyst Upgrades and Downgrades

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

White Mountains Insurance Group Trading Up 1.2%

The firm has a market capitalization of $4.68 billion, a PE ratio of 20.20 and a beta of 0.34. The firm's fifty day moving average is $1,775.08 and its two-hundred day moving average is $1,861.30. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WTM. Barclays PLC boosted its holdings in White Mountains Insurance Group by 101.9% during the third 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 grew its position 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 valued at $694,000 after acquiring an additional 121 shares during the period. Stratos Wealth Partners LTD. bought a new position in shares of White Mountains Insurance Group during the 4th quarter valued at approximately $214,000. Choreo LLC grew its position in shares of White Mountains Insurance Group by 15.8% during the 4th quarter. Choreo LLC now owns 176 shares of the insurance provider's stock valued at $340,000 after acquiring an additional 24 shares during the period. Finally, WCM Investment Management LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter valued at approximately $22,477,000. 88.65% of the stock is currently owned by hedge funds and other 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.