Nuveen LLC acquired a new stake in MBIA, Inc. (NYSE:MBI - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 146,814 shares of the insurance provider's stock, valued at approximately $731,000. Nuveen LLC owned about 0.29% of MBIA at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in MBI. Aquatic Capital Management LLC purchased a new stake in shares of MBIA in the 4th quarter valued at $50,000. Kahn Brothers Group Inc. purchased a new stake in shares of MBIA in the 4th quarter valued at $68,000. ProShare Advisors LLC purchased a new stake in shares of MBIA in the 4th quarter valued at $81,000. Dupree Financial Group LLC purchased a new stake in shares of MBIA in the 1st quarter valued at $124,000. Finally, XTX Topco Ltd boosted its holdings in shares of MBIA by 25.5% in the 1st quarter. XTX Topco Ltd now owns 29,528 shares of the insurance provider's stock valued at $147,000 after acquiring an additional 6,001 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of MBIA from a "sell" rating to a "hold" rating in a report on Friday, August 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, MBIA currently has a consensus rating of "Buy" and a consensus target price of $8.00.
Read Our Latest Stock Analysis on MBIA
MBIA Stock Performance
NYSE MBI traded down $0.45 during mid-day trading on Friday, reaching $7.48. 477,050 shares of the stock were exchanged, compared to its average volume of 462,611. The business's 50 day moving average is $5.88 and its 200-day moving average is $5.17. MBIA, Inc. has a 1 year low of $3.22 and a 1 year high of $8.26. The company has a market capitalization of $377.46 million, a P/E ratio of -1.61 and a beta of 1.94.
MBIA Company Profile
(
Free Report)
MBIA Inc provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S.
See Also
Before you consider MBIA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MBIA wasn't on the list.
While MBIA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
