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

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) saw an uptick in trading volume on Friday . 22,661 shares changed hands during trading, an increase of 82% from the previous session's volume of 12,459 shares.The stock last traded at $1,917.50 and had previously closed at $1,899.99.

Analyst Ratings Changes

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

White Mountains Insurance Group Price Performance

The stock has a market capitalization of $4.85 billion, a PE ratio of 21.25 and a beta of 0.41. The firm's fifty day moving average price is $1,881.21 and its two-hundred day moving average price is $1,872.10. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced 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 net margin of 10.29% and a return on equity of 10.56%.

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White Mountains Insurance Group Dividend Announcement

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

Institutional Investors Weigh In On White Mountains Insurance Group

Several hedge funds and other institutional investors have recently made changes to their positions in WTM. Phocas Financial Corp. purchased a new position in shares of White Mountains Insurance Group in the fourth quarter worth approximately $11,091,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of White Mountains Insurance Group during the 4th quarter worth $420,000. Forum Financial Management LP grew its position in shares of White Mountains Insurance Group by 14.7% during the 4th quarter. Forum Financial Management LP now owns 1,374 shares of the insurance provider's stock valued at $2,673,000 after acquiring an additional 176 shares during the period. Vise Technologies Inc. grew its position in shares of White Mountains Insurance Group by 21.6% during the 4th quarter. Vise Technologies Inc. now owns 169 shares of the insurance provider's stock valued at $329,000 after acquiring an additional 30 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of White Mountains Insurance Group by 32.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,104 shares of the insurance provider's stock worth $19,653,000 after purchasing an additional 2,464 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.