Dynamic Technology Lab Private Ltd Has $250,000 Stock Position in NMI Holdings, Inc. (NASDAQ:NMIH)

Dynamic Technology Lab Private Ltd trimmed its position in NMI Holdings, Inc. (NASDAQ:NMIH - Free Report) by 75.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,810 shares of the financial services provider's stock after selling 20,795 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in NMI were worth $250,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Principal Securities Inc. grew its position in NMI by 66.5% during the 4th quarter. Principal Securities Inc. now owns 716 shares of the financial services provider's stock worth $26,000 after purchasing an additional 286 shares in the last quarter. Smartleaf Asset Management LLC raised its position in NMI by 288.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,868 shares of the financial services provider's stock valued at $69,000 after buying an additional 1,387 shares during the period. KBC Group NV lifted its stake in NMI by 38.3% in the 4th quarter. KBC Group NV now owns 3,221 shares of the financial services provider's stock worth $118,000 after acquiring an additional 892 shares in the last quarter. R Squared Ltd purchased a new position in NMI during the 4th quarter valued at about $203,000. Finally, AXQ Capital LP acquired a new position in shares of NMI in the 4th quarter valued at about $207,000. Institutional investors and hedge funds own 94.12% of the company's stock.

NMI Stock Performance

NMI stock traded down $0.20 during trading hours on Wednesday, reaching $33.90. 104,055 shares of the company were exchanged, compared to its average volume of 521,188. NMI Holdings, Inc. has a 12 month low of $29.05 and a 12 month high of $42.49. The company has a current ratio of 0.60, a quick ratio of 0.83 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average of $35.29 and a 200 day moving average of $37.35. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 7.65, a PEG ratio of 1.41 and a beta of 0.62.

NMI (NASDAQ:NMIH - Get Free Report) last posted its earnings results on Wednesday, February 12th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.14 by ($0.07). NMI had a net margin of 55.32% and a return on equity of 17.33%. As a group, research analysts anticipate that NMI Holdings, Inc. will post 4.62 earnings per share for the current year.

Analysts Set New Price Targets

NMIH has been the topic of a number of research analyst reports. Barclays downgraded shares of NMI from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $48.00 to $41.00 in a research report on Monday, January 6th. UBS Group reduced their price objective on NMI from $42.00 to $41.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Keefe, Bruyette & Woods dropped their target price on NMI from $43.00 to $42.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. reduced their price target on NMI from $42.00 to $41.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, NMI currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.14.

Insider Transactions at NMI

In related news, EVP Norman Peter Fitzgerald sold 20,000 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $35.88, for a total transaction of $717,600.00. Following the transaction, the executive vice president now owns 37,470 shares in the company, valued at $1,344,423.60. This represents a 34.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mohammad Nawaz Yousaf sold 1,083 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $35.44, for a total transaction of $38,381.52. Following the completion of the sale, the executive vice president now owns 49,218 shares of the company's stock, valued at $1,744,285.92. The trade was a 2.15 % decrease in their position. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by corporate insiders.

NMI Company Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.