White Mountains Insurance Group (NYSE:WTM) Sees Unusually-High Trading Volume – What’s Next?

Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) saw strong trading volume on Tuesday . 6,500 shares changed hands during 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 quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market cap of $5.00 billion, a P/E ratio of 7.70 and a beta of 0.43. The stock has a fifty day simple moving average of $1,805.17 and a 200-day simple moving average of $1,778.84.

Hedge Funds Weigh In On White Mountains Insurance Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hexagon Capital Partners LLC raised its position in shares of White Mountains Insurance Group by 250.0% during the second quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 10 shares during the period. 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 valued at $47,000 after purchasing an additional 8 shares in the last quarter. Family Firm Inc. bought a new position in shares of White Mountains Insurance Group during the 2nd quarter worth approximately $82,000. GAMMA Investing LLC boosted its stake in shares of 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 acquiring an additional 25 shares during the period. Finally, Quarry LP bought a new position in shares of White Mountains Insurance Group during the 2nd quarter worth approximately $93,000. 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.