Fuller & Thaler Asset Management Inc. Sells 9,694 Shares of Radian Group Inc. (NYSE:RDN)

Fuller & Thaler Asset Management Inc. lowered its holdings in Radian Group Inc. (NYSE:RDN - Free Report) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,588,022 shares of the insurance provider's stock after selling 9,694 shares during the period. Fuller & Thaler Asset Management Inc. owned 1.74% of Radian Group worth $82,092,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in RDN. Picton Mahoney Asset Management boosted its holdings in Radian Group by 54.3% in the fourth quarter. Picton Mahoney Asset Management now owns 972 shares of the insurance provider's stock worth $31,000 after purchasing an additional 342 shares during the period. V Square Quantitative Management LLC boosted its holdings in Radian Group by 61.5% in the fourth quarter. V Square Quantitative Management LLC now owns 1,274 shares of the insurance provider's stock worth $40,000 after purchasing an additional 485 shares during the period. Covestor Ltd boosted its holdings in Radian Group by 35.6% in the fourth quarter. Covestor Ltd now owns 1,351 shares of the insurance provider's stock worth $43,000 after purchasing an additional 355 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Radian Group by 124.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,378 shares of the insurance provider's stock worth $75,000 after purchasing an additional 1,320 shares during the period. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Radian Group by 735.8% during the fourth quarter. Jones Financial Companies Lllp now owns 2,407 shares of the insurance provider's stock valued at $76,000 after acquiring an additional 2,119 shares during the period. Hedge funds and other institutional investors own 95.33% of the company's stock.

Insider Activity

In related news, Director Gregory Serio sold 4,100 shares of Radian Group stock in a transaction on Friday, February 28th. The shares were sold at an average price of $32.65, for a total value of $133,865.00. Following the transaction, the director now owns 344 shares in the company, valued at $11,231.60. This trade represents a 92.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.16% of the stock is owned by insiders.

Radian Group Trading Down 0.3 %

NYSE RDN traded down $0.10 on Tuesday, hitting $31.42. 448,961 shares of the company were exchanged, compared to its average volume of 1,195,873. The company's 50 day moving average price is $32.05 and its 200-day moving average price is $32.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.87 and a quick ratio of 2.01. The firm has a market capitalization of $4.44 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 1.73 and a beta of 0.75. Radian Group Inc. has a twelve month low of $29.77 and a twelve month high of $37.86.

Radian Group (NYSE:RDN - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.17. Radian Group had a return on equity of 13.96% and a net margin of 46.85%. Analysts predict that Radian Group Inc. will post 3.79 earnings per share for the current fiscal year.

Radian Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, February 24th were issued a dividend of $0.255 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.25%. This is an increase from Radian Group's previous quarterly dividend of $0.25. Radian Group's dividend payout ratio (DPR) is currently 25.95%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on RDN shares. Keefe, Bruyette & Woods reduced their price target on shares of Radian Group from $40.00 to $37.00 and set an "outperform" rating for the company in a report on Tuesday, April 8th. UBS Group lifted their price objective on shares of Radian Group from $33.00 to $34.00 and gave the company a "neutral" rating in a research note on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $36.20.

Radian Group Company Profile

Radian Group Inc, together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting.