Saba Capital Management LP Has Decreased Radian Group (RDN) Holding By $1.97 Million; Rosehill Resources Class A (ROSE) SI Decreased By 8.34%

January 12, 2018 - By Darrin Black

Saba Capital Management Lp decreased Radian Group Inc (RDN) stake by 91.62% reported in 2017Q3 SEC filing. Saba Capital Management Lp sold 109,300 shares as Radian Group Inc (RDN)’s stock declined 13.37%. The Saba Capital Management Lp holds 10,000 shares with $187,000 value, down from 119,300 last quarter. Radian Group Inc now has $4.77B valuation. The stock decreased 1.25% or $0.28 during the last trading session, reaching $22.13. About 1.41M shares traded. Radian Group Inc. (NYSE:RDN) has risen 38.09% since January 12, 2017 and is uptrending. It has outperformed by 21.39% the S&P500.

Rosehill Resources Class A (NASDAQ:ROSE) had a decrease of 8.34% in short interest. ROSE’s SI was 205,600 shares in January as released by FINRA. Its down 8.34% from 224,300 shares previously. With 11,700 avg volume, 18 days are for Rosehill Resources Class A (NASDAQ:ROSE)’s short sellers to cover ROSE’s short positions. The stock increased 0.63% or $0.05 during the last trading session, reaching $7.99. About 95,796 shares traded or 256.53% up from the average. Rosehill Resources Inc. (NASDAQ:ROSE) has 0.00% since January 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 13 analysts covering Radian Group (NYSE:RDN), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Radian Group had 38 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 27 by Compass Point. The firm has “Buy” rating by Deutsche Bank given on Monday, January 8. The stock of Radian Group Inc. (NYSE:RDN) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. Keefe Bruyette & Woods maintained Radian Group Inc. (NYSE:RDN) rating on Monday, May 29. Keefe Bruyette & Woods has “Buy” rating and $2100 target. The firm has “Outperform” rating given on Friday, July 29 by FBR Capital. The firm has “Outperform” rating given on Wednesday, August 2 by Barclays Capital. The firm has “Neutral” rating given on Thursday, January 4 by B. Riley & Co. The stock has “Neutral” rating by Macquarie Research on Wednesday, January 20. The rating was initiated by Bank of America on Monday, October 17 with “Buy”. The firm earned “Buy” rating on Wednesday, December 20 by BTIG Research.

Saba Capital Management Lp increased Prudential Glb Sht Dur Hg Yl (GHY) stake by 88,181 shares to 135,406 valued at $2.02 million in 2017Q3. It also upped Western Asset Hgh Yld Dfndfd (HYI) stake by 83,009 shares and now owns 126,363 shares. Ak Stl Hldg Corp (NYSE:AKS) was raised too.

Analysts await Radian Group Inc. (NYSE:RDN) to report earnings on January, 25. They expect $0.44 earnings per share, up 7.32% or $0.03 from last year’s $0.41 per share. RDN’s profit will be $94.84M for 12.57 P/E if the $0.44 EPS becomes a reality. After $0.46 actual earnings per share reported by Radian Group Inc. for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.

Investors sentiment decreased to 1.14 in 2017 Q3. Its down 0.14, from 1.28 in 2017Q2. It dropped, as 21 investors sold RDN shares while 73 reduced holdings. 36 funds opened positions while 71 raised stakes. 194.98 million shares or 1.97% more from 191.21 million shares in 2017Q2 were reported. Blackrock accumulated 14.06M shares. Clarivest Asset Ltd Co holds 378,900 shares. 1.76M were accumulated by Aqr Mgmt Ltd Liability Co. 25,491 were accumulated by Tower Research Cap Llc (Trc). Court Place Advsrs Ltd Liability Company has 28,000 shares for 0.23% of their portfolio. Mcf Ltd Llc holds 303,661 shares. Sg Americas Llc invested in 0.01% or 45,965 shares. Denver Investment Advsrs Ltd accumulated 1.33% or 1.45M shares. Bruni J V And holds 8.38% or 2.35M shares. Commonwealth Equity Ser stated it has 0% of its portfolio in Radian Group Inc. (NYSE:RDN). United Svcs Automobile Association reported 142,320 shares stake. Bluemountain Cap Mgmt Lc stated it has 219,106 shares. Ls Advsr Lc invested 0% of its portfolio in Radian Group Inc. (NYSE:RDN). Parametric Portfolio Associate Limited Company stated it has 0.01% of its portfolio in Radian Group Inc. (NYSE:RDN). The Illinois-based Northern Tru has invested 0.03% in Radian Group Inc. (NYSE:RDN).

Since August 15, 2017, it had 0 insider buys, and 1 sale for $294,985 activity. Jackson Catherine Mary also sold $294,985 worth of Radian Group Inc. (NYSE:RDN) on Tuesday, August 15.

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