MGIC Investment (MTG) Upgraded to "Buy" at Deutsche Bank

Valinor Management Llc sold 59,711 shares as the company's stock rose 17.94% with the market. Millennium Mngmt has 3.76M shares for 0.07% of their portfolio. Thrivent Finance For Lutherans invested in 479,990 shares. The stock increased 0.46% or $0.55 during the last trading session, reaching $121.25. About 826,725 shares traded. During the last 52 weeks, the (NYSE:MTG) price has been as high as $15.64 and as low as $9.68. Oskie Capital Management Llc who had been investing in Mgic Invt Corp Wis for a number of months, seems to be bullish on the $5.37B market cap company. The company's stock had a trading volume of 2,638,400 shares, compared to its average volume of 2,700,000. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.48% with $365.18 Million sitting short, betting on future declines.

Another recent and important MGIC Investment Corporation (NYSE:MTG) news was published by Nasdaq.com which published an article titled: "Zacks Industry Outlook Highlights: Kemper, MGIC Investment, Hanover Insurance ..." on December 22, 2017. It has outperformed by 43.42% the S&P500.

Investors sentiment increased to 1.15 in 2017 Q3. Brandywine Investment Mngmt Lc holds 0.11% of its portfolio in MGIC Investment Corporation (NYSE:MTG) for 1.35M shares. It increased, as 20 investors sold MTG shares while 89 reduced holdings.

A number of institutional investors and hedge funds have recently made changes to their positions in MTG. Wealthcare Advisory Partners LLC purchased a new stake in MGIC Investment in the third quarter valued at approximately $107,000. 333.10 million shares or 3.73% more from 321.13 million shares in 2017Q2 were reported. Great West Life Assurance Communications Can reported 38,821 shares. Loring Wolcott And Coolidge Fiduciary Limited Liability Partnership Ma reported 84 shares stake. Fny Managed Accounts Ltd Liability Company holds 0.06% or 3,436 shares in its portfolio. Lsv Asset Mngmt holds 0.27% or 13.26 million shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Tower Rech Cap Limited (Trc) has 0.05% invested in MGIC Investment Corporation (NYSE:MTG). MGIC Investment Corporation (NYSE:MTG) has risen 60.12% since January 9, 2017 and is uptrending. Lingohr & Partner Asset Mgmt Gmbh owns 75,721 shares. State Street Corp accumulated 11.91 million shares. Comml Bank Of New York Mellon stated it has 0.05% of its portfolio in MGIC Investment Corporation (NYSE:MTG).

MGIC Investment Corporation (NYSE:MTG) has seen its stock price gain 0.37, or +2.62%, so far in 2017. Gargoyle Advisor Limited Liability Com reported 69,825 shares. Metropolitan Life Ins Ny invested in 249,091 shares or 0.02% of the stock.

According to MGIC Investment Corporation's latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 92.72%. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 77% are positive. The stock of MGIC Investment Corporation (NYSE:MTG) has "Buy" rating given on Thursday, January 4 by Susquehanna. The firm has "Buy" rating by Keefe Bruyette & Woods given on Wednesday, August 30. Deutsche Bank upgraded the shares of MTG in report on Monday, January 8 to "Buy" rating. FBR Capital maintained the stock with "Buy" rating in Thursday, July 20 report. The rating was upgraded by Keefe Bruyette & Woods to "Outperform" on Monday, October 12. The stock has "Buy" rating by Bank of America on Monday, October 17. Compass Point maintained MGIC Investment Corporation (NYSE:MTG) on Tuesday, May 10 with "Neutral" rating.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on January, 18. Its up 0.07, from 1.08 in 2017Q2. The insider Simon Michael K sold $2.24M. Ford W. Sean sold $1.65M worth of stock.

Analyst Thoughts About Cisco Systems, Inc. (NASDAQ:LOGM) to report earnings on February, 27. 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 $103.76 million for 13.20 P/E if the $0.28 EPS becomes a reality. The insurance provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.06. MGIC Investment Corp. had 37 analyst reports since August 12, 2015 according to SRatingsIntel.

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