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

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 27,418 shares changed hands during mid-day 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 White Mountains Insurance Group from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th.

White Mountains Insurance Group Trading Up 0.4%

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 firm has a market capitalization of $4.57 billion, a P/E ratio of 19.74 and a beta of 0.36. The firm has a 50 day simple moving average of $1,774.93 and a two-hundred day simple moving average of $1,851.86.

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 analysts' consensus estimates 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 firm had revenue of $472.20 million for the quarter.

Hedge Funds Weigh In On White Mountains Insurance Group

Several hedge funds have recently modified their holdings of WTM. Stratos Wealth Partners LTD. bought a new stake in White Mountains Insurance Group during the fourth quarter worth $214,000. Savant Capital LLC grew its stake in White Mountains Insurance Group by 10.0% in the 4th quarter. Savant Capital LLC now owns 143 shares of the insurance provider's stock valued at $278,000 after purchasing an additional 13 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of White Mountains Insurance Group by 3.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 23,236 shares of the insurance provider's stock valued at $44,824,000 after purchasing an additional 681 shares during the last quarter. Rhumbline Advisers raised its stake in shares of White Mountains Insurance Group by 0.4% during the 4th quarter. Rhumbline Advisers now owns 4,549 shares of the insurance provider's stock worth $8,848,000 after purchasing an additional 16 shares during the period. Finally, Principal Securities Inc. raised its stake in shares of White Mountains Insurance Group by 6.9% during the 4th quarter. Principal Securities Inc. now owns 185 shares of the insurance provider's stock worth $360,000 after purchasing an additional 12 shares during the period. 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.