Radian Group Inc. (NYSE:RDN) Sees Significantly Lower Trading Volume

Traders are more bullish on Radian Group Inc.as evidenced by the downtick in short interest. (NYSE:RDN) have set a consensus target of $N/A on shares. Nuveen Asset Management LLC boosted its stake in shares of Radian Group by 48.6% in the first quarter. California Public Employees Retirement System boosted its stake in shares of Radian Group by 1.3% in the first quarter. Bank of America Corp DE now owns 1,337,584 shares of the insurance provider's stock worth $24,023,000 after acquiring an additional 56,926 shares during the period. The value of the investment in Radian Group Inc. decreased from $1,879,000 to $1,787,000 a change of 4.9% quarter to quarter. Short interest decreased from 3,430,735 to 2,767,266 over that period. SG Americas Securities LLC boosted its stake in shares of Radian Group by 116.7% in the second quarter. Vident Investment Advisory, LLC controls 133,948 shares worth $2,190,000. Finally, Oxford Asset Management acquired a new stake in shares of Radian Group during the first quarter worth about $274,000.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Also, SVP Catherine Mary Jackson sold 17,130 shares of the company's stock in a transaction dated Tuesday, August 15th.

About 1.43M shares traded or 10.85% up from the average. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The stock of Radian Group Inc (NYSE:RDN) has "Buy" rating given on Monday, September 4 by Keefe Bruyette & Woods. The total value of its holdings decreased 4.9%. Following the completion of the purchase, the chief executive officer now directly owns 15,000 shares in the company, valued at approximately $251,700. The disclosure for this purchase can be found here. The Beta factor for the stock is listed at 1.57. The stock of Radian Group Inc (NYSE:RDN) earned "Market Perform" rating by Wells Fargo on Friday, October 2.

15K shares changed hands in the last trading session. BidaskClub lowered Radian Group from a hold rating to a sell rating in a report on Saturday, June 24th. The stock closing price is now trading upward to its 50 day moving average with change of 0.25%, escalated to its 20 day moving average with figure of 0.07% and above its 200 day moving average with value 7.63%.

04/28/2017 - Radian Group Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. The insurance provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.08. The business had revenue of $302.91 million during the quarter, compared to analyst estimates of $299.07 million. Further, company shares have been seen trading -4.53% off of the 52 week high and 46.37% away from the 52 week low. During the same period in the previous year, the business posted $0.38 EPS. Compared to the same quarter past year, the company reported earnings per share of $N/A. This buyback authorization permits the insurance provider to purchase up to 1.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and global trademark and copyright legislation. If you are accessing this news story on another publication, it was stolen and reposted in violation of USA and worldwide copyright and trademark laws.

10/28/2016 - Radian Group Inc. was downgraded to "neutral" by analysts at Compass Point. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Finally, Barclays PLC reissued an overweight rating and set a $24.00 price target (down previously from $25.00) on shares of Radian Group in a report on Wednesday, August 2nd. Macquarie Research maintained Radian Group Inc (NYSE:RDN) rating on Wednesday, October 28.

According to the latest research reports released, 5 analysts have issued a rating of "buy", 5 analysts "outperform", 2 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. They now have a United States dollars 24 price target on the stock.

Radian Group Inc., launched on December 6, 1991, is an insurance holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Firm operates in two divisions: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.

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