The fund owned 13,735 shares of the insurance provider's stock after selling 60 shares during the period.
1492 Capital Management Llc decreased its stake in Neogenomics Inc (NEO) by 7.28% based on its latest 2016Q4 regulatory filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Finally, Paragon Capital Management Ltd acquired a new position in MGIC Investment Corporation during the first quarter valued at $157,000. 1492 Capital Management Llc sold 38,988 shares as the company's stock declined 8.15% while stock markets rallied. World Asset Management Inc raised its position in MGIC Investment Corporation by 0.7% in the first quarter. Gotham Asset Management LLC now owns 38,583 shares of the insurance provider's stock valued at $391,000 after buying an additional 338 shares in the last quarter. (NYSE:MTG). Moreover, Gateway Inv Advisers Limited Co has 0.01% invested in MGIC Investment Corp.
1492 Capital Management Llc, which manages about $188.45 million and $129.60M US Long portfolio, upped its stake in Independent Bank Group Inc (NASDAQ:IBTX) by 5,088 shares to 10,242 shares, valued at $639,000 in 2016Q4, according to the filing. Alps Advisors Inc has invested 0% in MGIC Investment Corp. Finally, Princeton Alpha Management LP bought a new position in MGIC Investment Corporation during the first quarter valued at approximately $127,000. Verition Fund Limited Liability Corporation invested 0.02% in Apollo Investment Corp. The value of the investment in MGIC Investment Corporation went from $2,799,000 to $3,201,000 increasing 14.4% since the last quarter. Institutional investors own 86.64% of the company's stock.
Shares of MGIC Investment Corporation (MTG) traded down 0.2645% on Friday, reaching $11.3499. The company's stock had a trading volume of 728,408 shares. The firm has a market cap of $4.22 billion, a PE ratio of 11.72 and a beta of 2.08. MGIC Investment Corp. had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has a 50-day moving average of $11.52 and a 200-day moving average of $10.88.
MGIC Investment Corporation (MTG) now has P/E (Price to Earnings) ratio of 12.26 while the company's industry has 12.25 P/E and the sector P/E is 22.54. The company beat the analyst EPS Estimate with the difference of $-0.03. During the same period in the prior year, the company posted $0.26 EPS. The business's revenue for the quarter was down.1% on a year-over-year basis. As of the last earnings report the EPS was $0.97 and is estimated to be $1.13 for the current year with 370,557,000 shares presently outstanding.
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Helicopter reportedly crashes in woods in Albemarle County
A Virginia State Police helicopter has crashed in a wooded area outside Charlottesville , Va., according to USA media reports. There are two confirmed fatalities, the Virginia State Police posted on their Facebook page.
Valmont Industries (VMI) Receiving Somewhat Favorable Press Coverage, Accern Reports
Kayne Anderson Rudnick Investment Management Llc acquired 69,876 shares as Gartner Group Inc New Cl A (IT)'s stock rose 9.97%. First Republic Invest Mngmt stated it has 0% of its portfolio in Valmont Industries, Inc. (NYSE:VMI) for 9,535 shares.
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Several analysts recently commented on the stock.
Equity analyst Deutsche Bank upgraded the stock and raised the price target on December 12 boosting the price target from $8.00 to $12.00 and altering the rating from "Hold" to "Buy". BTIG Research maintained the shares of MTG in report on Tuesday, July 18 with "Buy" rating. (NYSE:MTG) has "Neutral" rating given on Wednesday, April 20 by Compass Point. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. October 4 investment analysts at Keefe Bruyette & Woods made no change to the company rating of "Outperform" and lowered the price target to $9.50 from $11.50. The company's net profit margin has achieved the current level of 35 percent and possesses 0 percent gross margin.
NMI Holdings, Inc. (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Firm provides mortgage insurance to lenders throughout the United States and to government-sponsored entities to protect against loss from defaults on low down payment residential mortgage loans.
Here are some other firms who have updated their holdings.