Universal Beteiligungs und Servicegesellschaft mbH Purchases 89,311 Shares of Radian Group Inc. $RDN

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Radian Group by 59.5% in Q4, buying 89,311 shares to hold 239,396 shares (about 0.18%) valued at $8.62 million.
• Radian insiders have been selling recently — EVP Edward J. Hoffman sold 15,000 shares at an average $36 under a Rule 10b5-1 plan, with insiders disposing of 30,000 shares in the past three months and owning 2.03% of the stock.
• The stock has a mixed analyst backdrop with a consensus rating of "Hold" and a $40.20 target; Radian trades around $35.59, has a P/E of ~8.6, a 2.9% dividend yield, and recently beat quarterly EPS estimates.

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Radian Group Inc. (NYSE:RDN - Free Report) by 59.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 239,396 shares of the insurance provider's stock after acquiring an additional 89,311 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.18% of Radian Group worth $8,624,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Summit Global Investments acquired a new position in shares of Radian Group in the third quarter valued at approximately $1,213,000. Campbell & CO Investment Adviser LLC boosted its position in Radian Group by 187.3% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 47,337 shares of the insurance provider's stock worth $1,715,000 after buying an additional 30,862 shares during the period. Compass Rose Asset Management LP bought a new stake in Radian Group during the 3rd quarter worth approximately $9,960,000. Alps Advisors Inc. grew its holdings in Radian Group by 57.3% during the 3rd quarter. Alps Advisors Inc. now owns 571,588 shares of the insurance provider's stock worth $20,703,000 after acquiring an additional 208,181 shares during the last quarter. Finally, American Century Companies Inc. increased its position in Radian Group by 4.4% in the 3rd quarter. American Century Companies Inc. now owns 4,019,483 shares of the insurance provider's stock valued at $145,586,000 after acquiring an additional 171,049 shares during the period. Institutional investors and hedge funds own 95.33% of the company's stock.

Insiders Place Their Bets

In other news, EVP Edward J. Hoffman sold 15,000 shares of Radian Group stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $36.00, for a total value of $540,000.00. Following the completion of the transaction, the executive vice president directly owned 123,708 shares of the company's stock, valued at approximately $4,453,488. This trade represents a 10.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 30,000 shares of company stock worth $1,065,000. Company insiders own 2.03% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Roth Mkm reaffirmed a "buy" rating and set a $45.00 price target on shares of Radian Group in a research note on Friday, January 2nd. Keefe, Bruyette & Woods boosted their price objective on shares of Radian Group from $42.00 to $43.00 and gave the stock an "outperform" rating in a research note on Friday, April 10th. Weiss Ratings downgraded Radian Group from a "buy (a-)" rating to a "buy (b+)" rating in a report on Tuesday, January 13th. UBS Group lowered their target price on Radian Group from $41.00 to $39.00 and set a "neutral" rating for the company in a research report on Thursday, March 12th. Finally, Barclays cut their target price on Radian Group from $40.00 to $37.00 and set an "equal weight" rating on the stock in a report on Monday, April 6th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $40.20.

Radian Group Stock Down 0.0%

Shares of NYSE RDN opened at $35.59 on Monday. The company's 50 day moving average price is $33.85 and its 200-day moving average price is $34.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.40 and a current ratio of 3.40. Radian Group Inc. has a 52-week low of $29.32 and a 52-week high of $38.84. The company has a market capitalization of $4.80 billion, a P/E ratio of 8.58, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77.

Radian Group (NYSE:RDN - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The insurance provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.05. Radian Group had a net margin of 46.99% and a return on equity of 13.07%. The company had revenue of $300.51 million during the quarter, compared to analysts' expectations of $300.45 million. During the same period in the prior year, the company posted $1.09 earnings per share. Radian Group's revenue for the quarter was up 2.7% compared to the same quarter last year. Equities analysts forecast that Radian Group Inc. will post 4.72 earnings per share for the current year.

Radian Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Monday, February 23rd. Radian Group's dividend payout ratio (DPR) is presently 24.58%.

Radian Group Company Profile

Radian Group Inc NYSE: RDN is a leading provider of private mortgage insurance and related risk management solutions in the United States. Through its primary subsidiary, Radian Guaranty Inc, the company underwrites borrower-paid and lender-paid mortgage insurance that protects lenders and investors from potential losses arising from borrower defaults. Radian's core business focuses on supporting residential mortgage originations and servicing by offering capital-efficient credit protection and credit risk transfer strategies.

Beyond mortgage insurance, Radian offers an array of real estate transaction services under its Radian Title division.

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