Dynamic Technology Lab Private Ltd Has $444,000 Holdings in Radian Group Inc. (NYSE:RDN)

Dynamic Technology Lab Private Ltd lessened its position in Radian Group Inc. (NYSE:RDN - Free Report) by 50.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,986 shares of the insurance provider's stock after selling 14,267 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Radian Group were worth $444,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RDN. Franklin Resources Inc. lifted its position in shares of Radian Group by 7.3% during the 4th quarter. Franklin Resources Inc. now owns 92,480 shares of the insurance provider's stock worth $2,933,000 after purchasing an additional 6,258 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Radian Group by 0.3% in the fourth quarter. Alliancebernstein L.P. now owns 199,889 shares of the insurance provider's stock valued at $6,340,000 after purchasing an additional 629 shares in the last quarter. Schroder Investment Management Group boosted its stake in Radian Group by 1.2% in the 4th quarter. Schroder Investment Management Group now owns 534,940 shares of the insurance provider's stock valued at $16,974,000 after buying an additional 6,426 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Radian Group by 1.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 654,952 shares of the insurance provider's stock valued at $20,775,000 after acquiring an additional 10,409 shares during the period. Finally, Pictet Asset Management Holding SA boosted its stake in shares of Radian Group by 27.1% in the 4th quarter. Pictet Asset Management Holding SA now owns 23,745 shares of the insurance provider's stock valued at $753,000 after purchasing an additional 5,063 shares in the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

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Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. UBS Group lifted their price target on shares of Radian Group from $33.00 to $34.00 and gave the company a "neutral" rating in a report on Wednesday, February 19th. Keefe, Bruyette & Woods cut their target price on shares of Radian Group from $40.00 to $37.00 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $36.20.

Radian Group Trading Up 1.0 %

Radian Group stock traded up $0.33 during midday trading on Monday, hitting $32.73. 168,334 shares of the stock were exchanged, compared to its average volume of 1,172,177. The company has a fifty day simple moving average of $32.31 and a two-hundred day simple moving average of $33.20. The stock has a market capitalization of $4.62 billion, a PE ratio of 8.33, a P/E/G ratio of 1.73 and a beta of 0.75. Radian Group Inc. has a 52 week low of $29.17 and a 52 week high of $37.86. The company has a quick ratio of 2.01, a current ratio of 2.87 and a debt-to-equity ratio of 0.50.

Radian Group (NYSE:RDN - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.17. Radian Group had a return on equity of 13.96% and a net margin of 46.85%. Equities research analysts anticipate that Radian Group Inc. will post 3.79 EPS for the current fiscal year.

Radian Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, February 24th were given a $0.255 dividend. This is a boost from Radian Group's previous quarterly dividend of $0.25. This represents a $1.02 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend was Monday, February 24th. Radian Group's payout ratio is currently 25.95%.

Insiders Place Their Bets

In related news, Director Gregory Serio sold 4,100 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $32.65, for a total transaction of $133,865.00. Following the completion of the transaction, the director now owns 344 shares in the company, valued at approximately $11,231.60. This represents a 92.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.16% of the company's stock.

Radian Group Profile

Radian Group Inc, together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting.