White Mountains Insurance Group (NYSE:WTM) Sets New 52-Week High - Still a Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $1,900.71 and last traded at $1,880.30, with a volume of 2422 shares. The stock had previously closed at $1,885.69.

White Mountains Insurance Group Stock Down 0.2 %

The company has a debt-to-equity ratio of 0.11, a current ratio of 0.83 and a quick ratio of 0.83. The firm's 50-day simple moving average is $1,783.51 and its two-hundred day simple moving average is $1,770.73. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of 9.79 and a beta of 0.43.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its earnings results on Wednesday, August 7th. The insurance provider reported ($2.74) earnings per share for the quarter. White Mountains Insurance Group had a return on equity of 7.62% and a net margin of 21.40%. The company had revenue of $455.60 million for the quarter.

Institutional Trading of White Mountains Insurance Group

Institutional investors and hedge funds have recently modified their holdings of the business. Hexagon Capital Partners LLC lifted its holdings in shares of White Mountains Insurance Group by 250.0% in the second quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider's stock valued at $25,000 after purchasing an additional 10 shares in the last quarter. Fidelis Capital Partners LLC purchased a new stake in shares of White Mountains Insurance Group in the first quarter valued at about $34,000. UMB Bank n.a. lifted its holdings in shares of White Mountains Insurance Group by 40.0% in the third 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 in the last quarter. Family Firm Inc. purchased a new stake in shares of White Mountains Insurance Group in the second quarter valued at about $82,000. Finally, GAMMA Investing LLC lifted its holdings in shares of White Mountains Insurance Group by 104.2% in the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider's stock valued at $83,000 after purchasing an additional 25 shares in the last quarter. Hedge funds and other institutional investors 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.