White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume - Here's Why

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw an uptick in trading volume on Thursday . 17,408 shares traded hands during mid-day trading, an increase of 24% from the previous session's volume of 14,046 shares.The stock last traded at $1,845.16 and had previously closed at $1,826.89.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research report on Monday, February 10th.

White Mountains Insurance Group Stock Up 1.0 %

The company has a market capitalization of $4.80 billion, a PE ratio of 20.77 and a beta of 0.45. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a 50-day moving average of $1,889.37 and a two-hundred day moving average of $1,857.65.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

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White Mountains Insurance Group Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's dividend payout ratio is presently 1.11%.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of hedge funds have recently made changes to their positions in the business. Captrust Financial Advisors boosted its stake in shares of White Mountains Insurance Group by 1.1% in the third quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider's stock worth $909,000 after acquiring an additional 6 shares during the period. Glenmede Trust Co. NA boosted its stake in shares of 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 worth $651,000 after acquiring an additional 7 shares during the period. AMG National Trust Bank boosted its stake in shares of White Mountains Insurance Group by 1.2% in the fourth quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock worth $1,104,000 after acquiring an additional 7 shares during the period. Arizona State Retirement System boosted its stake in shares of White Mountains Insurance Group by 0.9% in the fourth quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock worth $1,451,000 after acquiring an additional 7 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in shares of White Mountains Insurance Group by 0.7% in the fourth quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock worth $1,963,000 after buying an additional 7 shares in the last quarter. 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.