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

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw unusually-high trading volume on Monday . Approximately 27,045 shares changed hands during trading, an increase of 93% from the previous session's volume of 13,984 shares.The stock last traded at $1,795.56 and had previously closed at $1,800.77.

Analyst Upgrades and Downgrades

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 Stock Performance

The business's 50-day moving average price is $1,782.67 and its 200-day moving average price is $1,835.38. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a market cap of $4.54 billion, a PE ratio of 163.18 and a beta of 0.36.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its quarterly earnings data 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 return on equity of 5.01% and a net margin of 1.29%. The business had revenue of $472.20 million during the quarter.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of institutional investors have recently bought and sold shares of WTM. Private Trust Co. NA increased its stake in shares of White Mountains Insurance Group by 87.5% during the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock worth $29,000 after purchasing an additional 7 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in White Mountains Insurance Group by 325.0% in the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider's stock valued at $33,000 after buying an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 worth $40,000 after purchasing an additional 10 shares during the last quarter. Huntington National Bank increased 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 worth $43,000 after buying an additional 8 shares during the period. Finally, Whipplewood Advisors LLC boosted its stake in White Mountains Insurance Group by 866.7% during 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 during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

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.