Economy

NMI Holdings posts 3Q profit

A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). NMI Holdings Inc (NASDAQ:NMIH) has risen 78.88% since November 2, 2016 and is uptrending. (NYSE:JNPR) shares with value of $2.34 million were sold by SINDHU PRADEEP. The SI to Progressive Corporation's float is 1.42%. About 955,347 shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 32.01% since November 2, 2016 and is uptrending. It has outperformed by 15.31% the S&P500.

Since June 9, 2017, it had 1 insider purchase, and 1 sale for $2,158 activity. 10,000 shares were sold by Jones James G, worth $112,500. In looking at volatility levels, the shares saw weekly volatility of 4.38% and 5.57% over the past month. Broz Steven also sold $45,705 worth of Progressive Corp (NYSE:PGR) on Monday, May 22.

Investors sentiment is 1.19 in Q2 2017. 336.77 million shares or 0.08% less from 337.05 million shares in 2017Q1 were reported. Teacher Retirement System Of Texas invested in 0.04% or 130,673 shares. Aviva Public Lc reported 365,368 shares or 0.09% of all its holdings. Geode Management Lc owns 5.63M shares or 0.1% of their U.S. portfolio. Cortland Mo stated it has 0.05% in Progressive Corp (NYSE:PGR). Grt Capital Partners L.L.C., a Massachusetts-based fund reported 73,549 shares. Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.60. Therefore 31% are positive. The firm's market capitalization is $468.29 million. Deutsche Bank AG set a $16.00 price objective on shares of NMI Holdings and gave the company a "buy" rating in a research note on Wednesday, October 25th. Compass Point maintained the stock with "Hold" rating in Thursday, November 2 report. The company was maintained on Monday, February 13 by FBR Capital. The firm has "Sell" rating given on Tuesday, August 18 by TheStreet. The stock has "Mkt Perform" rating by Keefe Bruyette & Woods on Friday, September 16. (NYSE:JNPR) on Friday, October 23 with "Outperform" rating. Nomura maintained the stock with "Buy" rating in Thursday, October 13 report. UBS maintained Progressive Corp (NYSE:PGR) rating on Tuesday, September 19.

The Progressive Corporation is an insurance holding company. The company has market cap of $28.77 billion. It has a 12.62 P/E ratio. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Therefore 86% are positive. Legal & General Group Plc lifted its stake in NMI Holdings by 8.8% in the second quarter. NMI Holdings now has a consensus rating of "Buy" and a consensus price target of $14.00. NMI Holdings had 16 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, February 24, the company rating was upgraded by Argus Research. The stock has "Outperform" rating by Keefe Bruyette & Woods on Friday, February 19. The stock of NMI Holdings Inc (NASDAQ:NMIH) earned "Outperform" rating by JMP Securities on Wednesday, August 5. The firm has "Buy" rating by Keefe Bruyette & Woods given on Tuesday, September 5. Compass Point downgraded NMI Holdings Inc (NASDAQ:NMIH) on Tuesday, August 8 to "Neutral" rating.

Analysts await NMI Holdings Inc (NASDAQ:NMIH) to report earnings on November, 7. During the same period a year ago, the business posted $0.10 earnings per share. NMIH's profit will be $8.98M for 27.70 P/E if the $0.15 EPS becomes a reality. The company reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.04. Its up 0.13, from 0.98 in 2017Q1.

The stock of NMI Holdings Inc (NASDAQ:NMIH) reached all time high today, Nov, 2 and still has $17.76 target or 6.00% above today's $16.75 share price. 17 funds opened positions while 43 raised stakes.

TRADEMARK VIOLATION NOTICE: "NMI Holdings Inc (NMIH) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS" was reported by StockNewsTimes and is the sole property of of StockNewsTimes. Pine River Cap Mngmt Lp has invested 0.02% in Juniper Networks, Inc. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Voya Inv Management Limited Com has 29,341 shares. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in shares of NMI Holdings by 9.0% in the second quarter. Presently, the 14-day ADX for Nmi Holdings Cmn A (NMIH) is 44.76. Mckinley Management Delaware has 122,175 shares for 0.05% of their portfolio. Dupont Capital Management Corp accumulated 42,367 shares. Highbridge Cap Mgmt Ltd holds 0.24% or 569,969 shares in its portfolio. Matarin Llc has 80,440 shares.

Park Hotels & Resorts Inc (PK) has a 14-day ATR of 0.46. Susquehanna International Llp holds 0% or 176,115 shares.

Vanguard Group Inc. boosted its stake in shares of NMI Holdings by 3.0% in the second quarter.



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