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

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw an uptick in trading volume on Wednesday . 22,137 shares traded hands during trading, an increase of 50% from the previous session's volume of 14,800 shares.The stock last traded at $1,798.93 and had previously closed at $1,793.11.

Wall Street Analysts Forecast Growth

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

White Mountains Insurance Group Stock Down 0.2%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 0.78. The business's 50 day moving average price is $1,788.13 and its 200-day moving average price is $1,825.46. The firm has a market capitalization of $4.65 billion, a PE ratio of 166.69 and a beta of 0.36.

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

Institutional Trading of White Mountains Insurance Group

Several hedge funds have recently made changes to their positions in WTM. Crossmark Global Holdings Inc. acquired a new position in shares of White Mountains Insurance Group in the first quarter valued at approximately $233,000. Private Trust Co. NA lifted its position in shares of White Mountains Insurance Group by 87.5% in the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock worth $29,000 after buying an additional 7 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of White Mountains Insurance Group by 6.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 173 shares of the insurance provider's stock worth $333,000 after buying an additional 11 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of White Mountains Insurance Group by 120.3% in the 4th quarter. Deutsche Bank AG now owns 337 shares of the insurance provider's stock worth $655,000 after acquiring an additional 184 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of White Mountains Insurance Group by 5.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider's stock worth $33,257,000 after acquiring an additional 855 shares during the period. Institutional investors and hedge funds 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.