White Mountains Insurance Group, Ltd. (NYSE:WTM) shares saw unusually-high trading volume on Thursday . Approximately 1,824 shares changed hands during mid-day trading, a decline of 95% from the previous session’s volume of 33,323 shares.The stock last traded at $1,122.35 and had previously closed at $1,110.64.
The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s fifty day moving average is $1,172.06 and its two-hundred day moving average is $1,015.20. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 35.82 and a beta of 0.58.
White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Friday, February 5th. The insurance provider reported $24.73 earnings per share (EPS) for the quarter. The firm had revenue of $46.30 million during the quarter.
The company also recently disclosed an annual dividend, which was paid on Wednesday, March 24th. Shareholders of record on Monday, March 15th were given a $1.00 dividend. This represents a yield of 0.1%. The ex-dividend date was Friday, March 12th.
In other news, Director Morgan W. Davis sold 1,500 shares of the stock in a transaction that occurred on Tuesday, February 9th. The shares were sold at an average price of $1,133.28, for a total transaction of $1,699,920.00. Following the completion of the transaction, the director now directly owns 7,689 shares of the company’s stock, valued at approximately $8,713,789.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.40% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in White Mountains Insurance Group in the 4th quarter worth approximately $42,065,000. Cove Street Capital LLC boosted its holdings in White Mountains Insurance Group by 81,017.9% in the 4th quarter. Cove Street Capital LLC now owns 22,713 shares of the insurance provider’s stock worth $22,728,000 after buying an additional 22,685 shares during the period. First Trust Advisors LP bought a new position in White Mountains Insurance Group in the 4th quarter worth approximately $9,172,000. Artisan Partners Limited Partnership purchased a new stake in White Mountains Insurance Group in the 4th quarter worth approximately $9,043,000. Finally, Reinhart Partners Inc. lifted its stake in White Mountains Insurance Group by 15.9% in the 4th quarter. Reinhart Partners Inc. now owns 51,452 shares of the insurance provider’s stock worth $51,486,000 after purchasing an additional 7,051 shares in the last quarter. 86.27% of the stock is owned by hedge funds and other institutional investors.
About White Mountains Insurance Group (NYSE:WTM)
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance services in the United States. The company operates through four segments: HG Global/BAM, NSM, Kudu, and Other Operations. 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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