White Mountains Insurance Group (NYSE:WTM) Sees Large Volume Increase - Time to Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 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 Upgrades and Downgrades

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 has a market cap of $4.49 billion, a price-to-earnings ratio of 161.01 and a beta of 0.36. 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's fifty day moving average price is $1,777.32 and its 200-day moving average price is $1,845.29.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). The business had revenue of $472.20 million during the quarter. White Mountains Insurance Group had a net margin of 1.29% and a return on equity of 5.01%.

Institutional Trading of White Mountains Insurance Group

Several institutional investors and hedge funds have recently bought and sold shares of WTM. Rhumbline Advisers raised its holdings in White Mountains Insurance Group by 0.4% in the 4th quarter. Rhumbline Advisers now owns 4,549 shares of the insurance provider's stock valued at $8,848,000 after buying an additional 16 shares during the period. Principal Securities Inc. raised its holdings in White Mountains Insurance Group by 6.9% in the 4th quarter. Principal Securities Inc. now owns 185 shares of the insurance provider's stock valued at $360,000 after buying an additional 12 shares during the period. Global Retirement Partners LLC raised its holdings in White Mountains Insurance Group by 28.4% in the 4th quarter. Global Retirement Partners LLC now owns 262 shares of the insurance provider's stock valued at $510,000 after buying an additional 58 shares during the period. Handelsbanken Fonder AB purchased a new stake in White Mountains Insurance Group in the 4th quarter valued at about $1,167,000. Finally, Bank of New York Mellon Corp raised its holdings in White Mountains Insurance Group by 15.9% in the 4th quarter. Bank of New York Mellon Corp now owns 12,600 shares of the insurance provider's stock valued at $24,507,000 after buying an additional 1,728 shares during the period. 88.65% of the stock is currently 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.