Measured Wealth Private Client Group LLC Has $582,000 Stock Position in Radian Group Inc. (NYSE:RDN)

Measured Wealth Private Client Group LLC lifted its holdings in Radian Group Inc. (NYSE:RDN) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,395 shares of the insurance provider’s stock after purchasing an additional 861 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Radian Group were worth $582,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in RDN. Hexagon Capital Partners LLC boosted its position in Radian Group by 145.1% during the fourth quarter. Hexagon Capital Partners LLC now owns 941 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 557 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of Radian Group in the fourth quarter valued at $101,000. International Assets Investment Management LLC increased its holdings in Radian Group by 923.0% during the fourth quarter. International Assets Investment Management LLC now owns 5,258 shares of the insurance provider’s stock worth $150,000 after buying an additional 4,744 shares during the last quarter. CI Investments Inc. bought a new stake in Radian Group during the third quarter worth $148,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Radian Group in the third quarter valued at $205,000. Institutional investors own 95.33% of the company’s stock.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods restated a “market perform” rating and set a $35.00 price objective (down from $36.00) on shares of Radian Group in a research note on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $30.00.

Radian Group Stock Performance

RDN stock traded up $0.05 during midday trading on Friday, reaching $30.79. 856,640 shares of the company were exchanged, compared to its average volume of 838,493. Radian Group Inc. has a one year low of $23.13 and a one year high of $33.69. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 8.15, a price-to-earnings-growth ratio of 1.88 and a beta of 1.03. The business has a 50-day moving average price of $30.80 and a two-hundred day moving average price of $28.51. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.40 and a quick ratio of 1.65.

Radian Group (NYSE:RDN) last announced its earnings results on Wednesday, May 1st. The insurance provider reported $1.03 EPS for the quarter, topping the consensus estimate of $0.83 by $0.20. The business had revenue of $319.42 million during the quarter, compared to the consensus estimate of $314.76 million. Radian Group had a net margin of 47.74% and a return on equity of 14.52%. Radian Group’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 EPS. Equities research analysts forecast that Radian Group Inc. will post 3.27 EPS for the current year.

Radian Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Monday, February 26th were issued a dividend of $0.245 per share. This is an increase from Radian Group’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.98 annualized dividend and a dividend yield of 3.18%. Radian Group’s payout ratio is presently 25.93%.

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.