Taking a Fresh Look at MGIC Investment Corporation (MTG)

Marco Green
September 15, 2017

The Company's divisions include Capital Markets and Asset Management. It opened the session with a $11.24 price tag, later ranging from $11.12 to $11.4, the range at which the stock has traded at throughout the day. Ny State Common Retirement Fund invested 0.01% of its portfolio in MGIC Investment Corp. (NYSE:MTG) or 1.85M shares. It has outperformed by 43.42% the S&P500.

Nichols & Pratt Advisers Llp decreased its stake in Johnson & Johnson (JNJ) by 3.58% based on its latest 2016Q4 regulatory filing with the SEC. These ratios are important while doing valuation of the company or the shares of the company. The Hbk Investments LP holds 54,000 shares with $2.07M value, down from 63,455 last quarter. Nichols & Pratt Advisers Llp who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $357.54 billion market cap company. Current trade price levels places MTG's stock about -5.31% away from the 52-week high and closed 49.10% away from the 52-week low.

On 09/12/2017 shares of Newfield Exploration Company (NYSE:NFX) rose 2.75% to close at $25.82. It has underperformed by 2.62% the S&P500.

Investors sentiment decreased to 1.08 in 2016 Q4. Its up 0.12, from 0.82 in 2016Q3. Johnson Fincl Grp invested in 5,456 shares. 114 funds opened positions while 731 raised stakes. Macguire Cheswick And Tuttle Inv Counsel Ltd Liability Corporation reported 3.24% in Johnson & Johnson (NYSE:JNJ). Tudor Investment Et Al invested 0.03% of its portfolio in Oracle Corporation (NYSE:ORCL). Marshall And Sullivan Wa stated it has 27,690 shares or 3.88% of all its holdings.

Many other high profile fund managers have purchased and unloaded stocks of the shares. First Financial In owns 0.01% invested in Tesla Inc (NASDAQ:TSLA) for 50 shares. Shares are clocking price at $11.60 with change of 2.47%. Asset, Colorado-based fund reported 693 shares. Investor interest in the two stocks is clearly very high, but which is the better investment? Boston Private Wealth Ltd has invested 1.38% of its portfolio in Johnson & Johnson (NYSE:JNJ). Likewise, the performance for the quarter was recorded as 1.34% and for the year was 39.75%. Mark Asset reported 584,545 shares. 1832 Asset Mgmt Ltd Partnership accumulated 222,700 shares or 0.02% of the stock.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Latimes.com which released: "LA jury hits Johnson & Johnson with $417-million verdict over cancer link to ..." on August 21, 2017, also Seekingalpha.com with their article: "Johnson & Johnson's New Focus" published on September 08, 2017, Seekingalpha.com published: "Johnson & Johnson's (JNJ) Management Presents at 2017 Barclays Global Consumer ..." on September 05, 2017.

Engineers Gate Manager Lp increased La Quinta Hldgs Inc (NYSE:LQ) stake by 67,177 shares to 138,904 valued at $1.97M in 2016Q4. Therefore 45% are positive. This estimate is provided by 7 analysts. The stock increased 2.20% or $0.24 on September 8, reaching $11.13. FBR Capital upgraded the shares of MTG in report on Thursday, June 30 to "Outperform" rating. The rating was maintained by Compass Point with "Neutral" on Tuesday, May 10. Credit Suisse Group reiterated a "hold" rating and set a $10.00 price objective (up previously from $8.00) on shares of MGIC Investment Corporation in a research note on Monday, November 28th. The firm has "Buy" rating given on Tuesday, July 18 by BTIG Research. (NYSE:MTG). Manufacturers Life Insurance Company The reported 230,684 shares stake. The company was maintained on Friday, October 16 by FBR Capital. FBR Capital maintained it with "Mkt Perform" rating and $7 target in Friday, January 22 report. As per Wednesday, October 14, the company rating was initiated by Bank of America. The Missouri-based Stifel Fincl Corp has invested 0% in MGIC Investment Corp.

Among 9 analysts covering MGIC Investment Corp. Shares of MTG have uptrended 2.84% in the past three months, while the S&P 500 has moved -1.05% in that time. Therefore 40% are positive. MGIC Investment Corporation has a 12-month low of $5.36 and a 12-month high of $11.13. Qs Invsts Limited Liability Corp invested 0.06% in MGIC Investment Corp. (NYSE:MTG) has "Buy" rating given on Thursday, July 20 by FBR Capital. Goodhaven Capital Mngmt Llc holds 3.62% of its portfolio in Alleghany Corporation (NYSE:Y) for 14,772 shares. Keefe Bruyette & Woods upgraded MGIC Investment Corp. The rating was downgraded by Compass Point to "Neutral" on Wednesday, April 20. Deutsche Bank AG upped their price target on MGIC Investment Corporation from $13.00 to $13.50 and gave the stock a "buy" rating in a research report on Friday, July 21st.

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