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

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 24,968 shares were traded during mid-day trading, an increase of 88% from the previous session's volume of 13,297 shares.The stock last traded at $1,753.13 and had previously closed at $1,707.94.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Performance

The stock has a market cap of $4.43 billion, a P/E ratio of 19.39 and a beta of 0.34. 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 stock's 50 day simple moving average is $1,832.58 and its two-hundred day simple moving average is $1,874.11.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its quarterly earnings data 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%.

White Mountains Insurance Group Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were paid a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group's dividend payout ratio is presently 1.11%.

Institutional Investors Weigh In On White Mountains Insurance Group

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of White Mountains Insurance Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock valued at $489,647,000 after buying an additional 956 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of White Mountains Insurance Group by 276,054.7% during the 1st quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider's stock valued at $281,865,000 after purchasing an additional 146,309 shares during the period. Boston Partners raised its stake in shares of White Mountains Insurance Group by 0.4% in the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock worth $165,820,000 after buying an additional 348 shares during the period. Reinhart Partners LLC. raised its holdings in White Mountains Insurance Group by 11.0% during the first quarter. Reinhart Partners LLC. now owns 42,478 shares of the insurance provider's stock valued at $81,804,000 after acquiring an additional 4,206 shares during the period. Finally, Geode Capital Management LLC lifted its stake in White Mountains Insurance Group by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider's stock worth $67,603,000 after purchasing an additional 273 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.