White Mountains Insurance Group (NYSE:WTM) Sees Strong Trading Volume – Here’s What Happened

White Mountains Insurance Group, Ltd. (NYSE:WTM) saw an uptick in trading volume on Thursday . 16,120 shares traded hands during mid-day trading, an increase of 35% from the previous session’s volume of 11,917 shares.The stock last traded at $1,836.36 and had previously closed at $1,835.75.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.

White Mountains Insurance Group Trading Down 0.8 %

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 cap of $4.72 billion, a PE ratio of 20.44 and a beta of 0.41. The stock has a 50-day simple moving average of $1,886.75 and a two-hundred day simple moving average of $1,859.22.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share for 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 company also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th will be issued a dividend of $1.00 per share. The ex-dividend date is Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s payout ratio is 1.11%.

Institutional Trading of White Mountains Insurance Group

Large investors have recently modified their holdings of the company. Barclays PLC lifted its holdings in White Mountains Insurance Group by 101.9% in the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider’s stock valued at $1,953,000 after acquiring an additional 581 shares during the period. HighTower Advisors LLC lifted its stake in shares of White Mountains Insurance Group by 579.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider’s stock worth $2,646,000 after purchasing an additional 1,332 shares during the period. XTX Topco Ltd bought a new position in shares of White Mountains Insurance Group in the 3rd quarter worth approximately $678,000. Oddo BHF Asset Management Sas purchased a new position in shares of White Mountains Insurance Group in the third quarter worth approximately $1,606,000. Finally, Geode Capital Management LLC grew its position in White Mountains Insurance Group by 0.7% during the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock valued at $67,603,000 after buying an additional 273 shares during the period. 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.