White Mountains Insurance Group (NYSE:WTM) Sees Large Volume Increase – Time to Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTMGet Free Report) shares saw strong trading volume on Monday . 14,432 shares were traded 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 Up 0.3 %

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 firm has a market cap of $4.92 billion, a price-to-earnings ratio of 7.58 and a beta of 0.46. The firm has a 50 day moving average of $1,929.56 and a 200 day moving average of $1,831.30.

Hedge Funds Weigh In On White Mountains Insurance Group

Several large investors have recently modified their holdings of WTM. Yorktown Management & Research Co Inc bought a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $428,000. Stratos Wealth Partners LTD. bought a new position in White Mountains Insurance Group in the 4th quarter worth about $214,000. Citadel Investment Advisory Inc. purchased a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at about $195,000. DAVENPORT & Co LLC increased its position in shares of White Mountains Insurance Group by 1.2% in the fourth quarter. DAVENPORT & Co LLC now owns 2,198 shares of the insurance provider’s stock worth $4,275,000 after purchasing an additional 27 shares during the last quarter. Finally, Waldron Private Wealth LLC bought a new stake in White Mountains Insurance Group during the fourth quarter valued at approximately $204,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Company Profile

(Get Free Report)

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.

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