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

White Mountains Insurance Group, Ltd. (NYSE:WTM) saw unusually-high trading volume on Monday . Approximately 17,680 shares changed hands during mid-day trading, an increase of 30% from the previous session’s volume of 13,598 shares.The stock last traded at $1,807.48 and had previously closed at $1,800.20.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th.

White Mountains Insurance Group Stock Performance

The firm has a fifty day simple moving average of $1,800.19 and a 200-day simple moving average of $1,868.66. 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 company has a market cap of $4.68 billion, a PE ratio of 20.19 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($14.00) by ($6.50). The firm had revenue of $472.20 million during the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

White Mountains Insurance Group Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were given a dividend of $1.00 per share. The ex-dividend date was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio (DPR) is presently 9.22%.

Institutional Trading of White Mountains Insurance Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Private Trust Co. NA grew its position in White Mountains Insurance Group by 87.5% during the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 7 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of White Mountains Insurance Group by 90.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock worth $40,000 after buying an additional 10 shares during the period. Huntington National Bank grew its holdings in shares of White Mountains Insurance Group by 57.1% during the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock worth $43,000 after buying an additional 8 shares during the last quarter. Whipplewood Advisors LLC grew its holdings in shares of White Mountains Insurance Group by 866.7% during the first quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider’s stock worth $56,000 after buying an additional 26 shares during the last quarter. Finally, GeoWealth Management LLC increased its position in White Mountains Insurance Group by 26.9% in the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock valued at $64,000 after acquiring an additional 7 shares during the period. 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.