White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume - Still a Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw strong trading volume on Wednesday . 16,460 shares were traded during trading, an increase of 15% from the previous session's volume of 14,353 shares.The stock last traded at $1,772.57 and had previously closed at $1,762.25.

Analyst Ratings Changes

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

White Mountains Insurance Group Stock Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a 50-day moving average price of $1,776.22 and a 200-day moving average price of $1,849.43. The firm has a market capitalization of $4.50 billion, a PE ratio of 161.50 and a beta of 0.36.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WTM. Deutsche Bank AG lifted its position in shares of White Mountains Insurance Group by 120.3% in the fourth quarter. Deutsche Bank AG now owns 337 shares of the insurance provider's stock worth $655,000 after purchasing an additional 184 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of White Mountains Insurance Group by 6.4% in the fourth quarter. Ameriprise Financial Inc. now owns 3,277 shares of the insurance provider's stock valued at $6,374,000 after buying an additional 198 shares in the last quarter. Millennium Management LLC raised its position in shares of White Mountains Insurance Group by 509.4% during the fourth quarter. Millennium Management LLC now owns 2,401 shares of the insurance provider's stock worth $4,670,000 after acquiring an additional 2,007 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of White Mountains Insurance Group by 25.8% during the first quarter. Harbor Capital Advisors Inc. now owns 3,058 shares of the insurance provider's stock worth $5,889,000 after purchasing an additional 627 shares during the period. Finally, Lazard Asset Management LLC increased its position in shares of White Mountains Insurance Group by 836.7% in the 4th quarter. Lazard Asset Management LLC now owns 281 shares of the insurance provider's stock valued at $546,000 after buying an additional 251 shares in the last quarter. 88.65% of the stock is currently owned by 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.

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