Bluemountain Capital Management Has Trimmed By $336,444 Its Mgic Invt Wis (MTG) Position; Sirios Capital Management LP Lowered Nabors Industries LTD (NBR) Stake

January 13, 2018 - By whatsonthorold

Bluemountain Capital Management Llc decreased Mgic Invt Corp Wis (MTG) stake by 23.32% reported in 2017Q3 SEC filing. Bluemountain Capital Management Llc sold 28,037 shares as Mgic Invt Corp Wis (MTG)’s stock declined 1.12%. The Bluemountain Capital Management Llc holds 92,200 shares with $1.16 million value, down from 120,237 last quarter. Mgic Invt Corp Wis now has $5.60 billion valuation. The stock decreased 0.40% or $0.06 during the last trading session, reaching $15.12. About 2.94M shares traded or 2.41% up from the average. MGIC Investment Corporation (NYSE:MTG) has risen 60.12% since January 13, 2017 and is uptrending. It has outperformed by 43.42% the S&P500.

Sirios Capital Management LP decreased Nabors Industries Ltd (NBR) stake by 43.06% reported in 2017Q3 SEC filing. Sirios Capital Management LP sold 1.74 million shares as Nabors Industries Ltd (NBR)’s stock declined 31.29%. The Sirios Capital Management LP holds 2.30M shares with $18.54M value, down from 4.03M last quarter. Nabors Industries Ltd now has $2.60 billion valuation. The stock increased 2.12% or $0.17 during the last trading session, reaching $8.19. About 13.73 million shares traded or 14.56% up from the average. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since January 13, 2017 and is uptrending. It has outperformed by 15.96% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.07, from 1.08 in 2017Q2. It increased, as 20 investors sold MTG shares while 89 reduced holdings. 37 funds opened positions while 88 raised stakes. 333.10 million shares or 3.73% more from 321.13 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale reported 320,200 shares. Fort Washington Inv Oh accumulated 12,484 shares or 0% of the stock. Oarsman Capital accumulated 501,612 shares. Blackrock holds 0.02% or 24.31M shares. Price T Rowe Associates Md reported 2.00M shares or 0% of all its holdings. Comerica National Bank & Trust, a Michigan-based fund reported 13,897 shares. Fny Managed Accounts Ltd Llc has invested 0.06% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Moreover, Fifth Third National Bank & Trust has 0.01% invested in MGIC Investment Corporation (NYSE:MTG). Capital has invested 0.01% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Profund Advsrs Ltd Company invested in 13,922 shares. Lingohr & Partner Asset Mngmt Gmbh holds 0.55% or 75,721 shares. Natixis invested 0.01% in MGIC Investment Corporation (NYSE:MTG). Grantham Mayo Van Otterloo & Company Lc holds 25,200 shares or 0% of its portfolio. Gsa Cap Prtn Limited Liability Partnership holds 0.01% in MGIC Investment Corporation (NYSE:MTG) or 12,982 shares. Principal Fincl accumulated 1.26M shares or 0.02% of the stock.

Bluemountain Capital Management Llc increased Validus Holdings Ltd (NYSE:VR) stake by 38,291 shares to 77,414 valued at $3.81M in 2017Q3. It also upped Aercap Holdings Nv (NYSE:AER) stake by 19,298 shares and now owns 71,224 shares. Express Scripts Hldg Co (NASDAQ:ESRX) was raised too.

Among 13 analysts covering MGIC Investment Corp. (NYSE:MTG), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. MGIC Investment Corp. had 38 analyst reports since August 12, 2015 according to SRatingsIntel. Compass Point downgraded the stock to “Neutral” rating in Wednesday, April 20 report. The stock has “Buy” rating by FBR Capital on Thursday, July 20. The firm has “Outperform” rating given on Monday, February 13 by FBR Capital. The rating was maintained by BTIG Research with “Buy” on Tuesday, November 14. Compass Point maintained MGIC Investment Corporation (NYSE:MTG) on Tuesday, May 10 with “Neutral” rating. As per Thursday, June 30, the company rating was upgraded by FBR Capital. On Monday, October 17 the stock rating was initiated by Bank of America with “Buy”. FBR Capital maintained MGIC Investment Corporation (NYSE:MTG) rating on Friday, October 16. FBR Capital has “Mkt Perform” rating and $11 target. The stock has “Buy” rating by Compass Point on Wednesday, July 20. Bank of America maintained the stock with “Buy” rating in Friday, October 20 report.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on January, 18. They expect $0.28 earnings per share, 0.00% or $0.00 from last year’s $0.28 per share. MTG’s profit will be $103.76M for 13.50 P/E if the $0.28 EPS becomes a reality. After $0.32 actual earnings per share reported by MGIC Investment Corporation for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

Analysts await Nabors Industries Ltd. (NYSE:NBR) to report earnings on February, 28. They expect $-0.32 EPS, down 6.67% or $0.02 from last year’s $-0.3 per share. After $-0.42 actual EPS reported by Nabors Industries Ltd. for the previous quarter, Wall Street now forecasts -23.81% EPS growth.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.08, from 1.09 in 2017Q2. It turned negative, as 45 investors sold NBR shares while 87 reduced holdings. 42 funds opened positions while 91 raised stakes. 274.98 million shares or 2.16% more from 269.17 million shares in 2017Q2 were reported. Teachers Retirement Of The State Of Kentucky has 49,420 shares. Fmr Ltd owns 17.65 million shares or 0.02% of their US portfolio. Capital Counsel owns 10,120 shares. Cibc Markets reported 88,000 shares or 0% of all its holdings. Panagora Asset owns 72,864 shares for 0% of their portfolio. Moreover, Tortoise Capital Advsr Ltd Liability Corp has 0% invested in Nabors Industries Ltd. (NYSE:NBR) for 102 shares. 2.13M are owned by Wedge Mgmt L Limited Partnership Nc. State Street, a Massachusetts-based fund reported 9.16 million shares. City Hldgs reported 2,500 shares. Pnc Fincl Services Gru Inc has 0% invested in Nabors Industries Ltd. (NYSE:NBR) for 95,170 shares. San Francisco Sentry Grp (Ca) has invested 0% of its portfolio in Nabors Industries Ltd. (NYSE:NBR). Boothbay Fund Mgmt Ltd Liability Company accumulated 11,900 shares or 0.02% of the stock. Cadence Capital Limited Liability Corp has invested 0.02% in Nabors Industries Ltd. (NYSE:NBR). Deutsche National Bank & Trust Ag reported 1.23M shares. Adage Prtnrs Group Inc Ltd Liability accumulated 75,000 shares.

Sirios Capital Management LP increased Netapp Inc (NASDAQ:NTAP) stake by 74,898 shares to 2.34M valued at $102.43 million in 2017Q3. It also upped Medidata Solutions Inc (NASDAQ:MDSO) stake by 13,322 shares and now owns 51,077 shares. Palo Alto Networks Inc (NYSE:PANW) was raised too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>