White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume - Time to Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw strong trading volume on Monday . 11,678 shares traded hands 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 Analysts Forecast Growth

Separately, StockNews.com cut 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 stock has a fifty day simple moving average of $1,910.84 and a two-hundred day simple moving average of $1,847.80. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 7.27 and a beta of 0.45. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its quarterly earnings results 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 lifted its holdings in White Mountains Insurance Group by 1.1% during 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 grew its holdings in White Mountains Insurance Group by 1.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider's stock valued at $651,000 after buying an additional 7 shares in the last quarter. AMG National Trust Bank lifted its holdings in shares of White Mountains Insurance Group by 1.2% in the 4th 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 last quarter. Arizona State Retirement System increased its stake in White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock worth $1,451,000 after buying an additional 7 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in shares of White Mountains Insurance Group by 0.7% during the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock worth $1,963,000 after acquiring an additional 7 shares in the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

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.