Natixis Advisors LLC Has $8.88 Million Holdings in Radian Group Inc. (NYSE:RDN)

Natixis Advisors LLC decreased its stake in shares of Radian Group Inc. (NYSE:RDN - Free Report) by 8.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 279,946 shares of the insurance provider's stock after selling 25,124 shares during the quarter. Natixis Advisors LLC owned 0.19% of Radian Group worth $8,880,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Picton Mahoney Asset Management increased its stake in Radian Group by 54.3% during the fourth quarter. Picton Mahoney Asset Management now owns 972 shares of the insurance provider's stock valued at $31,000 after acquiring an additional 342 shares during the period. V Square Quantitative Management LLC grew its holdings in shares of Radian Group by 61.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,274 shares of the insurance provider's stock worth $40,000 after purchasing an additional 485 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of Radian Group by 124.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,378 shares of the insurance provider's stock valued at $75,000 after purchasing an additional 1,320 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Radian Group by 735.8% in the fourth quarter. Jones Financial Companies Lllp now owns 2,407 shares of the insurance provider's stock valued at $76,000 after purchasing an additional 2,119 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Radian Group by 21.1% in the fourth quarter. Blue Trust Inc. now owns 3,030 shares of the insurance provider's stock worth $105,000 after purchasing an additional 528 shares during the period. Institutional investors and hedge funds own 95.33% of the company's stock.

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Radian Group Price Performance

Radian Group stock traded up $0.19 during mid-day trading on Tuesday, hitting $32.69. 1,040,986 shares of the company were exchanged, compared to its average volume of 1,044,293. The company has a market capitalization of $4.74 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 1.73 and a beta of 1.04. The business has a fifty day moving average of $32.67 and a 200 day moving average of $33.48. Radian Group Inc. has a 1-year low of $29.17 and a 1-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.

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 expect that Radian Group Inc. will post 3.79 earnings per share for the current 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 dividend of $0.255 per share. This is a positive change from Radian Group's previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.02 annualized dividend and a dividend yield of 3.12%. Radian Group's dividend payout ratio (DPR) is presently 25.95%.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, Director Gregory Serio sold 4,100 shares of the firm's stock in a transaction 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 completion of the sale, the director now directly owns 344 shares of the company's stock, valued at $11,231.60. This trade represents a 92.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.16% of the stock is currently owned by corporate insiders.

Radian Group Company 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.