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Measured Wealth Private Client Group LLC Has $433,000 Stock Position in Radian Group Inc. (NYSE:RDN)

Radian Group logo with Finance background

Measured Wealth Private Client Group LLC trimmed its holdings in shares of Radian Group Inc. (NYSE:RDN - Free Report) by 42.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,661 shares of the insurance provider's stock after selling 10,218 shares during the period. Measured Wealth Private Client Group LLC's holdings in Radian Group were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its stake in Radian Group by 11.2% in the fourth quarter. Nordea Investment Management AB now owns 195,942 shares of the insurance provider's stock valued at $6,233,000 after acquiring an additional 19,730 shares during the last quarter. Centiva Capital LP acquired a new position in Radian Group in the 3rd quarter valued at approximately $512,000. EMC Capital Management increased its holdings in Radian Group by 300.8% in the 4th quarter. EMC Capital Management now owns 18,401 shares of the insurance provider's stock valued at $584,000 after buying an additional 13,810 shares during the period. Moran Wealth Management LLC acquired a new position in Radian Group in the third quarter worth about $2,650,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Radian Group by 2.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,845,740 shares of the insurance provider's stock valued at $202,789,000 after buying an additional 121,166 shares in the last quarter. 95.33% of the stock is owned by hedge funds and other institutional investors.

Radian Group Trading Down 0.6 %

Radian Group stock traded down $0.19 during mid-day trading on Monday, hitting $32.79. The stock had a trading volume of 548,176 shares, compared to its average volume of 1,176,473. Radian Group Inc. has a 12 month low of $27.20 and a 12 month high of $37.86. The stock has a market capitalization of $4.88 billion, a PE ratio of 8.35, a P/E/G ratio of 1.83 and a beta of 1.06. The company has a current ratio of 0.46, a quick ratio of 2.01 and a debt-to-equity ratio of 0.35. The stock has a 50-day simple moving average of $33.00 and a two-hundred day simple moving average of $34.16.

Radian Group (NYSE:RDN - Get Free Report) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $1.09 earnings per share for the quarter, topping 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%. As a group, sell-side analysts forecast that Radian Group Inc. will post 3.67 EPS for the current year.

Radian Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Monday, November 25th were given a $0.245 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.98 annualized dividend and a dividend yield of 2.99%. Radian Group's dividend payout ratio is presently 24.94%.

Insider Buying and Selling at Radian Group

In other news, insider Derek Brummer sold 14,705 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $34.65, for a total transaction of $509,528.25. Following the completion of the transaction, the insider now directly owns 171,830 shares of the company's stock, valued at $5,953,909.50. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.16% of the company's stock.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods decreased their price target on Radian Group from $41.00 to $40.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Radian Group currently has a consensus rating of "Hold" and an average price target of $36.30.

Check Out Our Latest Stock Analysis on Radian Group

Radian Group 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

Institutional Ownership by Quarter for Radian Group (NYSE:RDN)

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