White Mountains Insurance Group (NYSE:WTM) Sees Strong Trading Volume – Here’s What Happened

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares saw an uptick in trading volume on Monday . 11,678 shares were traded during mid-day trading, a decline of 16% from the previous session’s volume of 13,871 shares.The stock last traded at $1,961.93 and had previously closed at $1,976.22.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Monday.

White Mountains Insurance Group Stock Performance

The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 7.44 and a beta of 0.45. The firm has a 50 day moving average price of $1,916.88 and a 200-day moving average price of $1,847.96. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 11.57% and a net margin of 24.72%.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Captrust Financial Advisors boosted its holdings in shares of White Mountains Insurance Group by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider’s stock valued at $909,000 after buying an additional 6 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in White Mountains Insurance Group by 1.9% in the third quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider’s stock valued at $651,000 after acquiring an additional 7 shares in the last quarter. AMG National Trust Bank grew its holdings in shares of White Mountains Insurance Group by 1.2% during the fourth quarter. AMG National Trust Bank now owns 572 shares of the insurance provider’s stock worth $1,104,000 after purchasing an additional 7 shares during the last quarter. Arizona State Retirement System increased its position in shares of White Mountains Insurance Group by 0.9% during the fourth quarter. Arizona State Retirement System now owns 746 shares of the insurance provider’s stock worth $1,451,000 after purchasing an additional 7 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in shares of White Mountains Insurance Group by 40.0% in the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after purchasing an additional 8 shares during the last quarter. 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.