White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume - Here's Why

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw an uptick in trading volume on Thursday . 27,418 shares were traded during trading, an increase of 91% from the previous session's volume of 14,356 shares.The stock last traded at $1,755.04 and had previously closed at $1,785.16.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded 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 Price Performance

The firm's fifty day moving average price is $1,773.50 and its 200 day moving average price is $1,855.66. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market cap of $4.55 billion, a PE ratio of 19.66 and a beta of 0.36.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) 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 company had revenue of $472.20 million during the quarter.

Hedge Funds Weigh In On White Mountains Insurance Group

Several hedge funds have recently modified their holdings of WTM. Private Trust Co. NA lifted its holdings in shares of 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 worth $29,000 after buying an additional 7 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider's stock valued at $33,000 after purchasing an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in White Mountains Insurance Group by 90.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider's stock valued at $40,000 after purchasing an additional 10 shares during the last quarter. Huntington National Bank lifted its position in White Mountains Insurance Group by 57.1% during the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock valued at $43,000 after purchasing an additional 8 shares during the last quarter. Finally, Whipplewood Advisors LLC lifted its position in White Mountains Insurance Group by 866.7% during the first quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock valued at $56,000 after purchasing an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.

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.