Fuller & Thaler Asset Management Inc. decreased its position in Radian Group Inc. (NYSE:RDN - Free Report) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,588,022 shares of the insurance provider's stock after selling 9,694 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 1.74% of Radian Group worth $82,092,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in RDN. Price T Rowe Associates Inc. MD boosted its stake in shares of Radian Group by 10.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 111,498 shares of the insurance provider's stock valued at $3,537,000 after buying an additional 10,230 shares during the period. MetLife Investment Management LLC increased its position in shares of Radian Group by 6.1% in the fourth quarter. MetLife Investment Management LLC now owns 91,415 shares of the insurance provider's stock worth $2,900,000 after purchasing an additional 5,253 shares during the period. Capital World Investors lifted its position in Radian Group by 19.5% during the fourth quarter. Capital World Investors now owns 1,208,457 shares of the insurance provider's stock worth $38,332,000 after purchasing an additional 197,147 shares during the period. First Trust Advisors LP grew its stake in Radian Group by 20.6% during the fourth quarter. First Trust Advisors LP now owns 10,766,237 shares of the insurance provider's stock worth $341,505,000 after buying an additional 1,836,020 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in Radian Group during the fourth quarter worth about $9,564,000. Institutional investors own 95.33% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. UBS Group boosted their target price 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. Keefe, Bruyette & Woods cut their target price on 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 investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $36.20.
Get Our Latest Report on RDN
Radian Group Price Performance
Shares of RDN stock traded up $0.16 on Monday, reaching $31.53. The company had a trading volume of 1,273,197 shares, compared to its average volume of 1,198,650. The business's 50-day moving average is $32.08 and its 200 day moving average is $33.01. Radian Group Inc. has a one year low of $29.77 and a one year 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. The stock has a market capitalization of $4.45 billion, a PE ratio of 8.02, a price-to-earnings-growth ratio of 1.73 and a beta of 0.75.
Radian Group (NYSE:RDN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.09 EPS for the quarter, beating the consensus estimate of $0.92 by $0.17. Radian Group had a net margin of 46.85% and a return on equity of 13.96%. Equities research analysts forecast that Radian Group Inc. will post 3.79 EPS for the current fiscal year.
Radian Group Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, February 24th were paid a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.24%. This is a positive change from Radian Group's previous quarterly dividend of $0.25. The ex-dividend date was Monday, February 24th. Radian Group's dividend payout ratio (DPR) is presently 25.95%.
Insider Activity
In other Radian Group news, Director Gregory Serio sold 4,100 shares of the business's stock in a transaction that occurred 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 sale, the director now directly owns 344 shares of the company's stock, valued at $11,231.60. The trade was a 92.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.16% of the stock is currently owned by insiders.
Radian Group Company Profile
(
Free Report)
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.
Further Reading

Before you consider Radian Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Radian Group wasn't on the list.
While Radian Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.