White Mountains Insurance Group (NYSE:WTM) Sees Large Volume Increase - Here's Why

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw an uptick in trading volume on Monday . 30,626 shares were traded during mid-day trading, an increase of 117% from the previous session's volume of 14,109 shares.The stock last traded at $1,794.50 and had previously closed at $1,750.00.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised 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 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 simple moving average is $1,784.87 and its 200 day simple moving average is $1,830.76. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 166.01 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) earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Arizona State Retirement System increased its holdings in shares of White Mountains Insurance Group by 0.9% in the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock valued at $1,451,000 after purchasing an additional 7 shares during the period. Russell Investments Group Ltd. grew its holdings in White Mountains Insurance Group by 5.4% in the 4th quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider's stock valued at $266,000 after buying an additional 7 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in White Mountains Insurance Group by 0.7% in the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock valued at $1,963,000 after buying an additional 7 shares during the last quarter. GeoWealth Management LLC boosted its holdings in White Mountains Insurance Group by 26.9% during the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock worth $64,000 after acquiring an additional 7 shares during the last quarter. Finally, Private Trust Co. NA increased its position 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 valued at $29,000 after buying an additional 7 shares during the period. 88.65% of the stock is currently owned by institutional investors and hedge funds.

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.