Economy

Mgic Investment Corp (NYSE:MTG) Institutional Investor Sentiment Trend

Brant Point Investment Management Llc bought 38,043 shares as the company's stock declined 1.12% while stock markets rallied. Odey Asset Group Inc Limited reported 135,000 shares or 0.17% of all its holdings.

MGIC Investment Corporation (MTG) is recuperating from the fall at $7.78, the 52-week low. When looking at the past five sessions, the stock returned 12.5% gains and is down by -4.15% compared with its 200-day moving average of $0.51. 2,017,429 shares of the company's stock traded hands.

Investors sentiment decreased to 1.08 in Q2 2017. It has outperformed by 43.42% the S&P500.The move comes after 9 months positive chart setup for the $4.48B company. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market.

MGIC Investment Corporation (NYSE:MTG) has a market cap of $4.34 billion and over the last 12 months, MTG has risen by 47.93%.

In the most updated research from a number of analysts on Wall Street, the company gets 3 Buys and 0 Sell among 6 analysts. The company has market cap of $332.18 million. The stock of AFC Energy plc (LON:AFC) earned "Speculative Buy" rating by Beaufort Securities on Tuesday, December 15. About 419,213 shares traded.

MGIC Investment Corporation (NYSE:MTG) in the last month has increased +1.29%. It has outperformed by 60.61% the S&P500. Independent Consultants reported 0.03% stake. Therefore 78% are positive.

The consensus recommendation - averaging the work of 12 analysts - of 1.7 for MGIC Investment Corporation (MTG) points to bullish case. On Thursday, January 21 the stock rating was maintained by M Partners with "Buy". Jefferies maintained the stock with "Hold" rating in Monday, January 25 report. The firm has "Outperform" rating given on Wednesday, July 20 by FBR Capital. Investor interest in the two stocks is clearly very high, but which is the better investment? Compass Point maintained the stock with "Neutral" rating in Tuesday, May 10 report. Finally, Deutsche Bank AG upped their price objective on MGIC Investment Corporation from $13.00 to $13.50 and gave the company a "buy" rating in a report on Friday, July 21st. Silvercrest Asset Mngmt Grp Limited Liability Corp stated it has 0.01% in MGIC Investment Corp. (NYSE:MTG) on Friday, October 16 with "Mkt Perform" rating. Keefe Bruyette & Woods upgraded the shares of MTG in report on Monday, October 12 to "Outperform" rating. The stock of AFC Energy plc (LON:AFC) earned "Buy" rating by Cantor Fitzgerald on Thursday, June 16.

More recent MGIC Investment Corp. Also Prnewswire.com published the news titled: "MGIC to Participate at the Barclays Global Financial Services Conference" on September 05, 2017. MGIC Investment Corporation has a 1-year low of $7.78 and a 1-year high of $12.25.

Beta values for the above stocks are 0.59, 1.15, 2.16. Sold All: 34 Reduced: 85 Increased: 93 New Position: 36. The investment professionals in our partner's database now have: 321.13 million shares, up from 305.62 million shares in 2017Q1. Institutional investors and hedge funds own 89.58% of the company's stock.

MGIC Investment Corporation (MTG) opened at 11.86 on Tuesday. (NYSE:MTG) is a huge mover today!

Gargoyle Investment Advisor Llc increased Live Nation Entertainment In (NYSE:LYV) stake by 26,500 shares to 42,055 valued at $1.47 million in 2017Q2. Highlander Ltd Liability holds 1.27% in MGIC Investment Corp. Oarsman Cap Inc accumulated 505,727 shares. Moreover, Aqr Capital Lc has 0.05% invested in MGIC Investment Corp.

MTG has been the subject of a number of analyst reports. Morgan Stanley accumulated 1.38 million shares. Its up 5.86% from 3.11M shares previously. The insurance provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.06. MTG's profit will be $96.26M for 11.63 P/E if the $0.26 EPS becomes a reality. The company's quarterly EPS surprised Wall Street by as much as 18% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

More notable recent Apple Inc.

Impax Laboratories, Inc. (NASDAQ:IPXL) closed at $23.00 by scoring -3.36%. "Supplier Fail to Deliver?" on September 15, 2017. Its up 0.04, from 0.64 in 2017Q1. House Ltd Liability holds 5.31% in Apple Inc. With an institutional ownership near 95.8%, it carries an earnings per share ratio of 0.97. (NASDAQ:AAPL) for 30,120 shares. Retail Bank Of America Corp De has 477,751 shares. Becker Capital Mngmt invested 2.92% of its portfolio in Apple Inc. Westport Asset Management has 275,000 shares. Millennium Mgmt Ltd Llc invested 0.03% in Avista Corp (NYSE:AVA). Permit Ltd Liability, Pennsylvania-based fund reported 457,500 shares. Princeton Mngmt has 3.65% invested in Apple Inc.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


27 September 2017
Murphy Oil Corp (NYSE:MUR) Institutional Investors Q2 2017 Sentiment
Scotiabank set a $30.00 price objective on Murphy Oil and gave the stock a "hold" rating in a research note on Monday, March 27th. BidaskClub downgraded shares of Murphy Oil Corporation from a "hold" rating to a "sell" rating in a report on Tuesday, July 11th.

27 September 2017
Hicks robs Ramos of grand slam in return from DL
That was the only run given up in the inning by rookie Jordan Montgomery, who had allowed the Rays to load the bases with no outs. Former heavyweight champion Mike Tyson watched batting practice on the field and posed for pictures with 3B Todd Frazier.

27 September 2017
Kyle Walker sends warning to Manchester City's rivals
Guardiola, who was speaking at his pre-match press conference, went on to praise Aguero for improving his all-round game.

27 September 2017
'This is Us' After Show: The Season 2 Premiere
It's essential knowledge in filling in your knowledge on the confusing Pearson family timeline. We now pretty much know how Jack Pearson died.

27 September 2017
Prince George 'fed up' with school ALREADY as William makes shock admission
Beloved royal, Prince George started school just a few weeks ago, and he's already over it, as reported by Vanity Fair . The couple of more than a year caused a sensation on Monday when they walked hand-in-hand during the Invictus Games .

27 September 2017
Blue Jays at Red Sox
In just the first inning, the Toronto Blue Jays' Josh Donaldson connected on a Drew Pomeranz pitch for a 425-foot solo home run. The Blue Jays helped Boston out by taking two of three from the Yankees over the weekend and are 9-6 in their last 15 games.

27 September 2017
Water Cascades Down Stairs, Stops Elevators at 1 WTC
The leak was the result of a broken pipe on the 88th floor , according to CBS New York. "My feet are still wet actually". Pessutti was one of three people stuck in the elevator but were pulled out by 1:30 p.m.

27 September 2017
Featured Stock to Focus: AMC Entertainment Holdings, Inc. (AMC)
Retail Bank Of New York Mellon Corporation owns 0% invested in AMC Entertainment Holdings Inc (NYSE: AMC ) for 445,078 shares. Following the purchase, the chief executive officer now directly owns 125,426 shares in the company, valued at $1,980,476.54.

27 September 2017
Rimington Named Interim Director of Athletics at UNL
On Tuesday, the school announced that former Cornhuskers great Dave Rimington would assume the AD title on an interim basis. He holds BFA from the University of Florida/New World School of the Arts and is also a NY city based stand-up comedian.

27 September 2017
Rajnath Singh sets target to wipe out child labour
He was speaking at an event where he launched a portal to curb child trafficking. Singh said that in the last two years, 70,000 children have been rescued.