White Mountains Insurance Group (NYSE:WTM) Sees Strong Trading Volume – Time to Buy?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) saw unusually-high trading volume on Tuesday . Approximately 6,500 shares traded hands during mid-day trading, a decline of 41% from the previous session’s volume of 10,944 shares.The stock last traded at $1,889.68 and had previously closed at $1,897.74.

White Mountains Insurance Group Stock Performance

The company has a market capitalization of $4.86 billion, a PE ratio of 7.48 and a beta of 0.43. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The business’s 50-day moving average is $1,797.64 and its 200-day moving average is $1,776.92.

Institutional Trading of White Mountains Insurance Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors grew 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 last quarter. O Shaughnessy Asset Management LLC increased its stake in White Mountains Insurance Group by 0.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,038 shares of the insurance provider’s stock valued at $1,862,000 after purchasing an additional 7 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in White Mountains Insurance Group by 0.7% in the second quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock worth $1,816,000 after buying an additional 7 shares during the last quarter. Glenmede Trust Co. NA grew its holdings in shares of White Mountains Insurance Group by 1.9% during the third 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 during the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after buying an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

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.