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

White Mountains Insurance Group, Ltd. (NYSE:WTM) saw an uptick in trading volume on Monday . 14,432 shares traded hands during mid-day trading, an increase of 25% from the previous session’s volume of 11,541 shares.The stock last traded at $1,903.89 and had previously closed at $1,880.50.

White Mountains Insurance Group Stock Performance

The firm has a market capitalization of $4.93 billion, a PE ratio of 7.60 and a beta of 0.46. The business has a 50-day simple moving average of $1,930.37 and a 200-day simple moving average of $1,834.11. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Versant Capital Management Inc grew its stake in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 9 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $37,000. UMB Bank n.a. grew its stake in White Mountains Insurance Group by 40.0% in the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 8 shares in the last quarter. GAMMA Investing LLC increased its holdings in White Mountains Insurance Group by 104.2% during the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after purchasing an additional 25 shares during the period. Finally, Quarry LP purchased a new position in White Mountains Insurance Group during the 2nd quarter worth $93,000. 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.