With 3.01M avg volume, 2 days are for Mgic Investment Corporation Wis (NYSE:MTG)'s short sellers to cover MTG's short positions. Select Equity Group Lp sold 43,178 shares as Mgic Invt Corp Wis (MTG)'s stock declined 1.12%. MGIC Investment Corp. (NYSE:MTG) has risen 60.12% since July 13, 2016 and is uptrending. The analysts, on average, are forecasting a $12.7 price target, but the stock is already up 91.01% from its recent lows.
The stock volatility for week was 1.89% while for month was 1.96%.The stock, as of last close, traded 89.46% to its 52 week low and was changed -1.67% from its 52 week high. According to the past 12 months report, the income was nearly $363.10M and sales remained $1.06B. If the $87.19 price target is reached, the company will be worth $2.29 billion more. About 680,326 shares traded. Apollo Global Management LLC (APO) has risen 63.33% since July 14, 2016 and is uptrending. It has outperformed by 23.50% the S&P500.
Investors sentiment decreased to 1.08 in 2016 Q4.
According to the latest research reports released, 6 analysts have issued a rating of "buy", 4 analysts "outperform", 1 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". It dived, as 30 investors sold MTG shares while 81 reduced holdings. 87 funds opened positions while 199 raised stakes.
As of quarter end Bank Of Montreal /can/ had disposed of 1,565 shares trimming its holdings by 1.6%. California State Teachers Retirement Sys reported 0.01% stake. APO's profit will be $103.88 million for 12.63 P/E if the $0.54 EPS becomes a reality. Trexquant Ltd Partnership holds 0.26% or 159,668 shares in its portfolio. Perhaps, that suggests something about why 93.61% of the outstanding share supply is held by institutional investors. Davenport Limited Liability invested in 0.01% or 13,474 shares. Commonwealth Bankshares Of Aus, a Australia-based fund reported 65,042 shares. Raiff Partners Inc owns 120,000 shares or 5.69% of their U.S. portfolio. Blackrock Institutional Communication Na has invested 0.01% in MGIC Investment Corp. (NYSE:MTG) for 31,604 shares. After $0.31 actual EPS reported by MGIC Investment Corp. for the previous quarter, Wall Street now forecasts -16.13% negative EPS growth.
A look at some of the inputs to technical analysis model shows how MGIC Investment Corporation current price compares to its recent moving averages. BidaskClub upgraded MGIC Investment Corporation from a "hold" rating to a "buy" rating in a research report on Wednesday, June 14th. Deutsche Bank AG reissued a "buy" rating and set a $13.00 price target (up previously from $12.00) on shares of MGIC Investment Corporation in a research report on Sunday, April 23rd. Last session MGIC Investment Corporation RSI was seen at 66.12. The rating was initiated by Bank of America on Monday, October 17 with "Buy". The stock has "Neutral" rating by Compass Point on Wednesday, April 20. (NYSE:MTG) on Monday, May 2 with "Neutral" rating. The company was upgraded on Monday, October 12 by Keefe Bruyette & Woods. FBR Capital maintained MGIC Investment Corp. Howard Weil downgraded Williams Companies Inc (NYSE:WMB) on Tuesday, September 29 to "Sector Perform" rating. Compass Point upgraded the shares of MTG in report on Wednesday, July 20 to "Buy" rating. (NYSE:MTG) rating on Thursday, January 21.
(NYSE:MTG). Paloma Prtn Com owns 0.02% invested in MGIC Investment Corp. The company has a market cap of $4.89B and its 12 month revenue was nearly $11.60B. Private Advisor Group has an ownership of 12,552 stocks of the insurance provider's shares valued $130,000 after scooping up an extra 68 shares through out the quarter. It has a 8.94 P/E ratio. The Company provides mortgage insurance to lenders throughout the United States and to government-sponsored entities to protect against loss from defaults on low-down payment residential mortgage loans. Graybill Bartz & Assoc Ltd. now owns 390,297 shares of the insurance provider's stock worth $3,954,000 after buying an additional 10,567 shares in the last quarter. Therefore 67% are positive.
The market experts are predicting a 445.45% rally, based on the high target price ($3) for Heat Biologics, Inc. shares that is likely to be hit in the 52 weeks. MGIC Investment Corporation presently has an average rating of "Buy" and an average target price of $11.55.
A number of research firms recently weighed in on MTG.