Radian Group Inc (RDN) : Dalton Greiner Hartman Maher Co reduced its stake in Radian Group Inc by 1.09% during the most recent quarter end. The investment management company now holds a total of 1,101,733 shares of Radian Group Inc which is valued at $15,027,638 after selling 12,160 shares in Radian Group Inc , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Radian Group Inc makes up approximately 1.00% of Dalton Greiner Hartman Maher Co’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in RDN in the latest quarter, The investment management firm added 298 additional shares and now holds a total of 534 shares of Radian Group Inc which is valued at $7,284. Simplex Trading sold out all of its stake in RDN during the most recent quarter. The investment firm sold 5,113 shares of RDN which is valued $67,440.Sadoff Investment Management boosted its stake in RDN in the latest quarter, The investment management firm added 29,300 additional shares and now holds a total of 936,310 shares of Radian Group Inc which is valued at $12,349,929. Radian Group Inc makes up approx 1.37% of Sadoff Investment Management’s portfolio. Advisory Services Network added RDN to its portfolio by purchasing 353 company shares during the most recent quarter which is valued at $4,656.Bnp Paribas Arbitrage Sa reduced its stake in RDN by selling 131,009 shares or 85.23% in the most recent quarter. The Hedge Fund company now holds 22,705 shares of RDN which is valued at $305,609.
Radian Group Inc opened for trading at $13.35 and hit $13.415 on the upside on Tuesday, eventually ending the session at $13.38, with a gain of 0.07% or 0.01 points. The heightened volatility saw the trading volume jump to 18,01,942 shares. Company has a market cap of $2,868 M.
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. 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.