Radian Group Inc (RDN) : Bruni J V Co Co scooped up 48,870 additional shares in Radian Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 2,207,808 shares of Radian Group Inc which is valued at $29,098,909.Radian Group Inc makes up approximately 5.46% of Bruni J V Co Co’s portfolio.
Other Hedge Funds, Including , Blackrock Fund Advisors boosted its stake in RDN in the latest quarter, The investment management firm added 876,452 additional shares and now holds a total of 5,371,066 shares of Radian Group Inc which is valued at $70,790,650. Radian Group Inc makes up approx 0.02% of Blackrock Fund Advisors’s portfolio.Dimensional Fund Advisors Lp boosted its stake in RDN in the latest quarter, The investment management firm added 418,235 additional shares and now holds a total of 2,678,987 shares of Radian Group Inc which is valued at $34,826,831. Radian Group Inc makes up approx 0.02% of Dimensional Fund Advisors Lp’s portfolio.State Board Of Administration Of Florida Retirement System reduced its stake in RDN by selling 188 shares or 0.08% in the most recent quarter. The Hedge Fund company now holds 238,241 shares of RDN which is valued at $3,075,691. Radian Group Inc makes up approx 0.01% of State Board Of Administration Of Florida Retirement System’s portfolio.
Radian Group Inc closed down -0.08 points or -0.59% at $13.46 with 14,83,339 shares getting traded on Friday. Post opening the session at $13.49, the shares hit an intraday low of $13.4 and an intraday high of $13.54 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Radian Group Inc reported $0.38 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.38.Analysts expectations of $ 295.26.During the same quarter in the previous year, the company posted $0.40 EPS.
Many Wall Street Analysts have commented on Radian Group Inc. Company shares were Reiterated by FBR Capital on Jul 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 16 from a previous price target of $14 .Radian Group Inc was Upgraded by FBR Capital to ” Outperform” on Jun 30, 2016.
Radian Group Inc. provides mortgage insurance on domestic residential First-liens and other products and services. The Company operates in two business segments: mortgage insurance and MRES. The mortgage insurance segment provides credit-related insurance coverage principally through private mortgage insurance to mortgage lending institutions. The Company conducts mortgage insurance business primarily through Radian Guaranty the Companys principal mortgage insurance subsidiary. The MRES segment provides services and solutions to the mortgage and real estate industries primarily through Clayton. The Company also provides direct insurance and reinsurance on credit-based risks through Radian Asset Assurance its principal financial guaranty subsidiary that is a wholly owned subsidiary of Radian Guaranty. Its customers are mortgage originators such as mortgage bankers mortgage brokers commercial banks savings institutions credit unions and community banks.