Centiva Capital LP Has $1.03 Million Stake in NMI Holdings, Inc. (NASDAQ:NMIH)

Centiva Capital LP grew its holdings in NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) by 222.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,882 shares of the financial services provider's stock after acquiring an additional 17,154 shares during the quarter. Centiva Capital LP's holdings in NMI were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of NMIH. GAMMA Investing LLC boosted its holdings in NMI by 57.2% in the 3rd quarter. GAMMA Investing LLC now owns 728 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 265 shares during the period. Quarry LP lifted its stake in shares of NMI by 135.1% in the second quarter. Quarry LP now owns 858 shares of the financial services provider's stock valued at $29,000 after buying an additional 493 shares during the period. Federated Hermes Inc. grew its position in NMI by 1.8% during the second quarter. Federated Hermes Inc. now owns 33,570 shares of the financial services provider's stock worth $1,143,000 after buying an additional 593 shares in the last quarter. Diversified Trust Co increased its stake in NMI by 2.9% during the third quarter. Diversified Trust Co now owns 28,567 shares of the financial services provider's stock valued at $1,177,000 after acquiring an additional 805 shares during the period. Finally, Profund Advisors LLC raised its holdings in NMI by 11.9% in the 2nd quarter. Profund Advisors LLC now owns 7,775 shares of the financial services provider's stock valued at $265,000 after acquiring an additional 824 shares in the last quarter. Institutional investors and hedge funds own 94.12% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Royal Bank of Canada lowered their price objective on NMI from $48.00 to $47.00 and set an "outperform" rating on the stock in a research report on Thursday, November 7th. Barclays increased their price objective on shares of NMI from $43.00 to $48.00 and gave the company an "overweight" rating in a research note on Tuesday, October 8th. StockNews.com lowered shares of NMI from a "buy" rating to a "hold" rating in a research report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. increased their price target on shares of NMI from $42.00 to $46.00 and gave the stock an "overweight" rating in a research report on Monday, October 7th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $43.29.

NMI Price Performance

Shares of NMI stock traded down $0.13 during midday trading on Friday, reaching $39.29. The company had a trading volume of 295,833 shares, compared to its average volume of 527,465. The stock has a fifty day simple moving average of $39.45 and a 200 day simple moving average of $37.64. NMI Holdings, Inc. has a 1-year low of $27.25 and a 1-year high of $42.49. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.02, a price-to-earnings-growth ratio of 0.98 and a beta of 1.10.

NMI Company Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.