EntryPoint Capital LLC Boosts Stock Holdings in Radian Group Inc. (NYSE:RDN)

EntryPoint Capital LLC increased its holdings in shares of Radian Group Inc. (NYSE:RDN - Free Report) by 130.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,049 shares of the insurance provider's stock after purchasing an additional 7,958 shares during the period. EntryPoint Capital LLC's holdings in Radian Group were worth $446,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RDN. Stevens Capital Management LP purchased a new stake in shares of Radian Group during the fourth quarter valued at about $213,000. LPL Financial LLC grew its position in shares of Radian Group by 177.6% during the 4th quarter. LPL Financial LLC now owns 27,320 shares of the insurance provider's stock valued at $867,000 after acquiring an additional 17,477 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in Radian Group in the 4th quarter valued at $2,078,000. American Century Companies Inc. increased its holdings in Radian Group by 7.9% in the 4th quarter. American Century Companies Inc. now owns 3,351,361 shares of the insurance provider's stock worth $106,305,000 after acquiring an additional 245,303 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in Radian Group during the fourth quarter worth $127,000. Institutional investors own 95.33% of the company's stock.

Insiders Place Their Bets

In other Radian Group news, Director Gregory Serio sold 4,100 shares of Radian Group stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $32.65, for a total value of $133,865.00. Following the completion of the sale, the director now directly owns 344 shares of the company's stock, valued at approximately $11,231.60. The trade was a 92.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.16% of the stock is currently owned by insiders.

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Analysts Set New Price Targets

Several brokerages have recently issued reports on RDN. UBS Group lifted 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 lowered their price objective on Radian Group from $41.00 to $40.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $36.80.

Radian Group Price Performance

Shares of NYSE RDN traded down $0.63 during mid-day trading on Friday, reaching $32.83. The company's stock had a trading volume of 1,238,557 shares, compared to its average volume of 1,119,413. The stock has a 50-day moving average of $32.70 and a two-hundred day moving average of $33.44. 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 stock has a market capitalization of $4.76 billion, a P/E ratio of 8.35, a P/E/G ratio of 1.73 and a beta of 1.04. Radian Group Inc. has a 1-year low of $29.17 and a 1-year high of $37.86.

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

Radian Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, February 24th were issued a $0.255 dividend. This is an increase from Radian Group's previous quarterly dividend of $0.25. This represents a $1.02 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend was Monday, February 24th. Radian Group's dividend payout ratio is presently 25.95%.

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.