Nmi Holdings Inc Stock as Institutional Investors Exit

September 8, 2018 - By Vernon Prom

NMI Holdings, Inc. (NASDAQ:NMIH) Logo

Sentiment for Nmi Holdings Inc (NASDAQ:NMIH)

Nmi Holdings Inc (NASDAQ:NMIH) institutional sentiment decreased to 1.44 in Q1 2018. Its down -0.06, from 1.5 in 2017Q4. The ratio turned negative, as 92 investment professionals increased or opened new positions, while 64 sold and trimmed stock positions in Nmi Holdings Inc. The investment professionals in our partner’s database now own: 56.75 million shares, up from 53.46 million shares in 2017Q4. Also, the number of investment professionals holding Nmi Holdings Inc in their top 10 positions decreased from 3 to 2 for a decrease of 1. Sold All: 20 Reduced: 44 Increased: 55 New Position: 37.

NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company has market cap of $1.39 billion. It offers mortgage and pool insurance; reinsurance on loans; and outsourced loan review services to mortgage loan originators. It has a 23.63 P/E ratio.

The stock increased 0.24% or $0.05 during the last trading session, reaching $21.15. About 208,846 shares traded. NMI Holdings, Inc. (NASDAQ:NMIH) has risen 61.90% since September 8, 2017 and is uptrending. It has outperformed by 49.33% the S&P500.

Analysts await NMI Holdings, Inc. (NASDAQ:NMIH) to report earnings on November, 7. They expect $0.42 EPS, up 110.00 % or $0.22 from last year’s $0.2 per share. NMIH’s profit will be $27.62M for 12.59 P/E if the $0.42 EPS becomes a reality. After $0.40 actual EPS reported by NMI Holdings, Inc. for the previous quarter, Wall Street now forecasts 5.00 % EPS growth.

Gator Capital Management Llc holds 2.68% of its portfolio in NMI Holdings, Inc. for 167,856 shares. Waterstone Capital Management L.P. owns 134,301 shares or 2.01% of their US portfolio. Moreover, Next Century Growth Investors Llc has 1.92% invested in the company for 870,240 shares. The California-based Old West Investment Management Llc has invested 1.84% in the stock. Oaktree Capital Management Lp, a California-based fund reported 5.68 million shares.

Since January 1, 0001, it had 0 buys, and 10 insider sales for $5.74 million activity.

NMI Holdings, Inc. (NASDAQ:NMIH) Ratings Coverage

Ratings analysis reveals 89% of NMI Holdings’s analysts are positive. Out of 9 Wall Street analysts rating NMI Holdings, 8 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $1700 while the high is $2600. The stock’s average target of $22.39 is 5.86% above today’s ($21.15) share price. NMIH was included in 10 notes of analysts from April 10, 2018. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, April 10. The stock has “Buy” rating by BTIG Research on Tuesday, May 1. Susquehanna maintained NMI Holdings, Inc. (NASDAQ:NMIH) rating on Tuesday, April 10. Susquehanna has “Buy” rating and $2000 target. FBR Capital maintained it with “Buy” rating and $26 target in Tuesday, August 7 report. On Wednesday, May 2 the stock rating was maintained by Compass Point with “Buy”. B. Riley & Co maintained NMI Holdings, Inc. (NASDAQ:NMIH) rating on Tuesday, April 10. B. Riley & Co has “Buy” rating and $23 target. The rating was downgraded by Wood to “Market Perform” on Monday, August 6. The rating was maintained by Susquehanna on Thursday, August 2 with “Positive”. Deutsche Bank maintained NMI Holdings, Inc. (NASDAQ:NMIH) rating on Tuesday, April 10. Deutsche Bank has “Buy” rating and $23 target.

Another recent and important NMI Holdings, Inc. (NASDAQ:NMIH) news was published by Investorplace.com which published an article titled: “3 Reasons to Be Cautious on MGIC Investment Stock” on August 14, 2018.

NMI Holdings, Inc. (NASDAQ:NMIH) Institutional Positions Chart

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