Healthcare of Ontario Pension Plan Belief Fund acquired a brand new stake in shares of Radian Group Inc. (NYSE:RDN – Free Report) within the second quarter, in response to the corporate in its most up-to-date submitting with the Securities and Alternate Fee. The institutional investor acquired 201,700 shares of the insurance coverage supplier’s inventory, valued at roughly $6,273,000. Healthcare of Ontario Pension Plan Belief Fund owned about 0.13% of Radian Group as of its most up-to-date submitting with the Securities and Alternate Fee.
A lot of different institutional traders and hedge funds additionally just lately modified their holdings of RDN. Vest Monetary LLC lifted its place in shares of Radian Group by 6,836.0% throughout the 1st quarter. Vest Monetary LLC now owns 585,886 shares of the insurance coverage supplier’s inventory valued at $19,610,000 after buying an extra 577,439 shares over the past quarter. Point72 Asset Administration L.P. lifted its place in shares of Radian Group by 460.4% throughout the 2nd quarter. Point72 Asset Administration L.P. now owns 660,693 shares of the insurance coverage supplier’s inventory valued at $20,548,000 after buying an extra 542,801 shares over the past quarter. American Century Corporations Inc. lifted its place in shares of Radian Group by 18.2% throughout the 2nd quarter. American Century Corporations Inc. now owns 2,833,950 shares of the insurance coverage supplier’s inventory valued at $88,136,000 after buying an extra 435,751 shares over the past quarter. First Belief Advisors LP lifted its holdings in shares of Radian Group by 29.2% within the fourth quarter. First Belief Advisors LP now owns 1,192,595 shares of the insurance coverage supplier’s inventory valued at $34,049,000 after buying an extra 269,209 shares within the final quarter. Lastly, Assenagon Asset Administration S.A. bought a brand new stake in shares of Radian Group within the second quarter valued at $6,907,000. Institutional traders and hedge funds personal 95.33% of the corporate’s inventory.
Insider Shopping for and Promoting at Radian Group
In different information, CAO Robert Quigley bought 7,500 shares of Radian Group inventory in a transaction on Tuesday, August twenty seventh. The inventory was bought at a median worth of $35.65, for a complete worth of $267,375.00. Following the completion of the sale, the chief accounting officer now immediately owns 48,392 shares of the corporate’s inventory, valued at roughly $1,725,174.80. This commerce represents a 0.00 % lower of their place. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by this hyperlink. In associated information, CFO Sumita Pandit bought 3,817 shares of Radian Group inventory in a transaction on Thursday, August eighth. The inventory was bought at a median worth of $34.23, for a complete transaction of $130,655.91. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is out there by the SEC web site. Additionally, CAO Robert Quigley bought 7,500 shares of Radian Group inventory in a transaction on Tuesday, August twenty seventh. The inventory was bought at a median worth of $35.65, for a complete worth of $267,375.00. Following the sale, the chief accounting officer now immediately owns 48,392 shares of the corporate’s inventory, valued at roughly $1,725,174.80. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Within the final quarter, insiders bought 119,772 shares of firm inventory value $4,260,796. 2.16% of the inventory is at present owned by insiders.
Analysts Set New Worth Targets
A number of analysts just lately issued stories on the corporate. Barclays elevated their worth goal on Radian Group from $30.00 to $32.00 and gave the inventory an “equal weight” ranking in a report on Friday, August 2nd. Roth Mkm elevated their worth goal on Radian Group from $35.00 to $40.00 and gave the inventory a “purchase” ranking in a report on Friday, August 2nd. Royal Financial institution of Canada elevated their worth goal on Radian Group from $32.00 to $37.00 and gave the inventory a “sector carry out” ranking in a report on Friday, August 2nd. Lastly, Keefe, Bruyette & Woods elevated their goal worth on shares of Radian Group from $36.00 to $39.00 and gave the inventory an “outperform” ranking in a analysis report on Monday, August fifth. 4 analysts have rated the inventory with a maintain ranking and two have given a purchase ranking to the corporate’s inventory. In accordance with MarketBeat, the corporate presently has a median ranking of “Maintain” and a median goal worth of $35.90.
Learn Our Newest Analysis Report on Radian Group
Radian Group Inventory Efficiency
RDN opened at $34.81 on Friday. The agency has a market capitalization of $5.24 billion, a P/E ratio of 9.21, a price-to-earnings-growth ratio of 1.89 and a beta of 1.05. The inventory’s 50 day transferring common worth is $35.02 and its two-hundred day transferring common worth is $32.79. The corporate has a fast ratio of 1.84, a present ratio of 1.84 and a debt-to-equity ratio of 0.45. Radian Group Inc. has a 12-month low of $24.62 and a 12-month excessive of $37.86.
Radian Group (NYSE:RDN – Get Free Report) final introduced its quarterly earnings information on Wednesday, July thirty first. The insurance coverage supplier reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.12. Radian Group had a return on fairness of 14.43% and a web margin of 47.05%. The corporate had income of $312.37 million throughout the quarter, in comparison with the consensus estimate of $324.00 million. On common, equities analysts forecast that Radian Group Inc. will put up 3.75 earnings per share for the present 12 months.
Radian Group Dividend Announcement
The corporate additionally just lately disclosed a quarterly dividend, which was paid on Wednesday, September eleventh. Shareholders of report on Monday, August twenty sixth got a $0.245 dividend. The ex-dividend date was Monday, August twenty sixth. This represents a $0.98 dividend on an annualized foundation and a dividend yield of two.82%. Radian Group’s dividend payout ratio is at present 25.93%.
Radian Group Firm Profile
Radian Group Inc, along with its subsidiaries, engages within the mortgage and actual property providers enterprise in the USA. It operates by two segments, Mortgage Insurance coverage and Homegenius segments. The Mortgage Insurance coverage phase aggregates, manages, and distributes U.S. mortgage credit score danger for mortgage lending establishments and mortgage credit score traders, by personal mortgage insurance coverage on residential first-lien mortgage loans; and different credit score danger administration options, together with contract underwriting.
Learn Extra
Need to see what different hedge funds are holding RDN? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Radian Group Inc. (NYSE:RDN – Free Report).
Obtain Information & Scores for Radian Group Every day – Enter your e mail tackle beneath to obtain a concise day by day abstract of the newest information and analysts’ scores for Radian Group and associated firms with MarketBeat.com’s FREE day by day e mail e-newsletter.
