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

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares saw unusually-strong trading volume on Tuesday . Approximately 6,062 shares were traded during trading, a decline of 45% from the previous session’s volume of 10,965 shares.The stock last traded at $1,923.19 and had previously closed at $1,929.55.

White Mountains Insurance Group Stock Performance

The company’s fifty day moving average price is $1,926.26 and its two-hundred day moving average price is $1,820.44. 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 firm has a market capitalization of $4.95 billion, a PE ratio of 7.63 and a beta of 0.45.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of large investors have recently bought and sold shares of the stock. Versant Capital Management Inc increased its holdings in shares of White Mountains Insurance Group by 90.0% during the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after buying an additional 9 shares during the last quarter. UMB Bank n.a. grew its position in 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 acquiring an additional 8 shares during the period. GAMMA Investing LLC increased its stake in White Mountains Insurance Group by 104.2% during the third 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 last quarter. Quarry LP acquired a new stake in White Mountains Insurance Group during the second quarter worth about $93,000. Finally, KBC Group NV raised its holdings in shares of White Mountains Insurance Group by 21.9% in the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after purchasing an additional 14 shares during the period. 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.