Factorial Partners LLC Sells 10,500 Shares of Radian Group Inc. (NYSE:RDN)

Factorial Partners LLC trimmed its position in Radian Group Inc. (NYSE:RDN - Free Report) by 30.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,500 shares of the insurance provider's stock after selling 10,500 shares during the period. Factorial Partners LLC's holdings in Radian Group were worth $745,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in RDN. V Square Quantitative Management LLC boosted its stake in Radian Group by 61.5% during the fourth quarter. V Square Quantitative Management LLC now owns 1,274 shares of the insurance provider's stock valued at $40,000 after buying an additional 485 shares during the period. Blue Trust Inc. raised its holdings in shares of Radian Group by 21.1% in the 4th quarter. Blue Trust Inc. now owns 3,030 shares of the insurance provider's stock valued at $105,000 after acquiring an additional 528 shares in the last quarter. KBC Group NV boosted its position in shares of Radian Group by 19.0% during the 3rd quarter. KBC Group NV now owns 4,481 shares of the insurance provider's stock valued at $155,000 after acquiring an additional 716 shares during the last quarter. Forum Financial Management LP purchased a new position in shares of Radian Group during the third quarter worth about $201,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Radian Group during the third quarter worth about $237,000. 95.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

RDN has been the subject of several research analyst reports. Keefe, Bruyette & Woods dropped their target price on shares of Radian Group from $41.00 to $40.00 and set an "outperform" rating for the company in a research report on Wednesday, January 8th. UBS Group raised their price objective on shares of Radian Group from $33.00 to $34.00 and gave the company a "neutral" rating in a research report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Radian Group currently has an average rating of "Hold" and an average target price of $36.80.

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Radian Group Price Performance

NYSE:RDN traded down $0.25 during mid-day trading on Wednesday, reaching $31.78. The stock had a trading volume of 1,351,279 shares, compared to its average volume of 1,331,680. Radian Group Inc. has a one year low of $29.17 and a one year high of $37.86. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.01 and a current ratio of 2.87. The firm has a 50 day moving average price of $32.68 and a two-hundred day moving average price of $33.87. The stock has a market capitalization of $4.61 billion, a P/E ratio of 8.09, a P/E/G ratio of 1.73 and a beta of 1.06.

Radian Group (NYSE:RDN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.17. Radian Group had a net margin of 46.85% and a return on equity of 13.96%. As a group, analysts expect that Radian Group Inc. will post 3.79 earnings per share for the current year.

Radian Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Monday, February 24th will be paid a dividend of $0.255 per share. This is a boost from Radian Group's previous quarterly dividend of $0.25. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Monday, February 24th. Radian Group's dividend payout ratio (DPR) is 25.95%.

Insider Activity

In related news, Director Gregory Serio sold 4,100 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $32.65, for a total transaction of $133,865.00. Following the transaction, the director now directly owns 344 shares in the company, valued at $11,231.60. This trade represents a 92.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Derek Brummer sold 14,705 shares of Radian Group stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $34.65, for a total value of $509,528.25. Following the completion of the transaction, the insider now directly owns 171,830 shares in the company, valued at $5,953,909.50. This trade represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.16% of the company's stock.

About Radian Group

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.