NMI Holdings Inc (NMIH) Shares Sold by Strs Ohio
Strs Ohio trimmed its position in NMI Holdings Inc (NASDAQ:NMIH) by 83.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,800 shares of the financial services provider’s stock after selling 256,332 shares during the period. Strs Ohio’s holdings in NMI were worth $846,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its position in NMI by 15.0% in the third quarter. Dimensional Fund Advisors LP now owns 2,812,446 shares of the financial services provider’s stock worth $34,875,000 after purchasing an additional 367,394 shares during the period. Vanguard Group Inc. increased its holdings in shares of NMI by 10.3% in the second quarter. Vanguard Group Inc. now owns 2,569,591 shares of the financial services provider’s stock valued at $29,421,000 after buying an additional 239,387 shares in the last quarter. FMR LLC increased its holdings in shares of NMI by 7.8% in the second quarter. FMR LLC now owns 2,488,937 shares of the financial services provider’s stock valued at $28,499,000 after buying an additional 180,126 shares in the last quarter. State Street Corp increased its holdings in shares of NMI by 6.3% in the second quarter. State Street Corp now owns 966,458 shares of the financial services provider’s stock valued at $11,069,000 after buying an additional 56,882 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of NMI by 25.6% in the third quarter. Wells Fargo & Company MN now owns 776,721 shares of the financial services provider’s stock valued at $9,632,000 after buying an additional 158,400 shares in the last quarter. Hedge funds and other institutional investors own 83.60% of the company’s stock.
NMI Holdings Inc (NASDAQ:NMIH) opened at $18.70 on Thursday. The stock has a market capitalization of $1,104.61, a price-to-earnings ratio of 32.28 and a beta of 0.88. NMI Holdings Inc has a twelve month low of $10.10 and a twelve month high of $20.38. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.24 and a quick ratio of 0.24.
Several research firms have issued reports on NMIH. BidaskClub cut NMI from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 31st. ValuEngine raised NMI from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Compass Point raised NMI from a “neutral” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Tuesday. Singular Research began coverage on NMI in a report on Monday, October 16th. They issued a “buy” rating and a $16.00 price target on the stock. Finally, B. Riley reaffirmed a “buy” rating on shares of NMI in a report on Monday, November 6th. Nine investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. NMI has an average rating of “Buy” and an average target price of $19.07.
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NMI Company Profile
NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company’s primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs).
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