Robeco Institutional Asset Management B.V. Reduces Holdings in Radian Group Inc. (NYSE:RDN)

Robeco Institutional Asset Management B.V. decreased its stake in shares of Radian Group Inc. (NYSE:RDN - Free Report) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 816,022 shares of the insurance provider's stock after selling 64,224 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.55% of Radian Group worth $25,884,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDN. KBC Group NV boosted its position in shares of Radian Group by 46.5% during the 4th quarter. KBC Group NV now owns 6,565 shares of the insurance provider's stock valued at $208,000 after acquiring an additional 2,084 shares during the last quarter. Blue Trust Inc. lifted its holdings in Radian Group by 21.1% in the fourth 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 during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Radian Group by 5.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 29,132 shares of the insurance provider's stock valued at $924,000 after purchasing an additional 1,532 shares during the last quarter. CX Institutional grew its holdings in shares of Radian Group by 5.8% during the 4th quarter. CX Institutional now owns 8,233 shares of the insurance provider's stock worth $261,000 after purchasing an additional 451 shares during the period. Finally, Ellsworth Advisors LLC increased its position in shares of Radian Group by 7.8% during the 4th quarter. Ellsworth Advisors LLC now owns 20,240 shares of the insurance provider's stock worth $642,000 after purchasing an additional 1,464 shares during the last quarter. Institutional investors and hedge funds own 95.33% of the company's stock.

Insider Buying and Selling

In other news, insider Derek Brummer sold 14,705 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $34.65, for a total value of $509,528.25. Following the sale, the insider now directly owns 171,830 shares in the company, valued at approximately $5,953,909.50. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.16% of the stock is currently owned by insiders.

Radian Group Trading Down 1.1 %

NYSE:RDN traded down $0.39 on Monday, reaching $33.64. 389,607 shares of the company's stock were exchanged, compared to its average volume of 1,145,773. The business has a fifty day moving average of $33.18 and a 200-day moving average of $34.21. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.42. Radian Group Inc. has a 52-week low of $26.11 and a 52-week high of $37.86. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 8.72, a price-to-earnings-growth ratio of 1.85 and a beta of 1.06.

Radian Group (NYSE:RDN - Get Free Report) last released its earnings results on Wednesday, November 6th. The insurance provider reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.15. Radian Group had a net margin of 45.96% and a return on equity of 13.81%. The company had revenue of $319.05 million for the quarter, compared to analyst estimates of $320.30 million. As a group, analysts expect that Radian Group Inc. will post 4 earnings per share for the current year.

Radian Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Monday, November 25th were issued a $0.245 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.98 dividend on an annualized basis and a yield of 2.91%. Radian Group's dividend payout ratio (DPR) is presently 25.39%.

Analyst Upgrades and Downgrades

RDN has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price target 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. Barclays increased their price objective on shares of Radian Group from $32.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $36.30.

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.