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 strong trading volume on Monday . 14,392 shares changed hands during mid-day trading, an increase of 6% from the previous session's volume of 13,561 shares.The stock last traded at $1,772.04 and had previously closed at $1,746.93.

Analysts Set New Price Targets

Separately, StockNews.com lowered 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 Price Performance

The stock has a market capitalization of $4.63 billion, a price-to-earnings ratio of 19.99 and a beta of 0.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The company has a fifty day simple moving average of $1,809.22 and a two-hundred day simple moving average of $1,869.42.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted 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 return on equity of 10.56% and a net margin of 10.29%. The firm had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Dividend Announcement

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

Institutional Investors Weigh In On White Mountains Insurance Group

Hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA lifted its stake in White Mountains Insurance Group by 87.5% in the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock valued at $29,000 after purchasing an additional 7 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $37,000. Huntington National Bank grew its position in White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock worth $43,000 after acquiring an additional 8 shares during the last quarter. Whipplewood Advisors LLC increased its holdings in White Mountains Insurance Group by 866.7% in the 1st quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock worth $56,000 after purchasing an additional 26 shares in the last quarter. Finally, GeoWealth Management LLC raised its position 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 purchasing an additional 7 shares during the last quarter. 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.