Radian Group Inc. (NYSE:RDN) shares traded up 5.2% during trading on Wednesday . The company traded as high as $10.39 and last traded at $10.39, with a volume of 4,246,391 shares changing hands. The stock had previously closed at $9.88.

A number of research analysts have recently commented on the company. FBR & Co reiterated a “hold” rating on shares of Radian Group in a research note on Thursday, April 28th. Compass Point reiterated a “buy” rating and issued a $16.50 price target (up from $14.00) on shares of Radian Group in a research note on Thursday, April 28th. MKM Partners increased their price target on Radian Group from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, April 28th. Credit Suisse Group AG dropped their price target on Radian Group from $17.50 to $14.50 and set a “neutral” rating for the company in a research note on Monday, May 2nd. Finally, BTIG Research reaffirmed a “buy” rating and set a $22.00 target price on shares of Radian Group in a research report on Wednesday, April 27th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $16.85.

The stock has a market capitalization of $2.24 billion and a P/E ratio of 9.33. The company’s 50 day moving average is $11.21 and its 200 day moving average is $11.66.

Radian Group (NYSE:RDN) last announced its earnings results on Wednesday, April 27th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.03. The company earned $313 million during the quarter, compared to analysts’ expectations of $226.23 million. During the same quarter last year, the firm posted $0.35 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. Analysts anticipate that Radian Group Inc. will post $1.53 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 6th. Investors of record on Monday, May 23rd were given a $0.0025 dividend. The ex-dividend date of this dividend was Thursday, May 19th. This represents a $0.01 annualized dividend and a yield of 0.10%.

Other hedge funds have bought and sold shares of the company. California State Teachers Retirement System increased its stake in Radian Group by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 354,704 shares of the company’s stock valued at $4,749,000 after buying an additional 5,600 shares in the last quarter. I.G. Investment Management LTD. increased its stake in Radian Group by 5.4% in the fourth quarter. I.G. Investment Management LTD. now owns 116,382 shares of the company’s stock valued at $1,558,000 after buying an additional 6,002 shares in the last quarter. Rhumbline Advisers increased its stake in Radian Group by 2.2% in the fourth quarter. Rhumbline Advisers now owns 289,802 shares of the company’s stock valued at $3,880,000 after buying an additional 6,300 shares in the last quarter. Schroder Investment Management Group increased its stake in Radian Group by 0.3% in the fourth quarter. Schroder Investment Management Group now owns 2,656,100 shares of the company’s stock valued at $35,565,000 after buying an additional 6,900 shares in the last quarter. Finally, Bruni J V & Co. Co. increased its stake in Radian Group by 0.5% in the fourth quarter. Bruni J V & Co. Co. now owns 1,890,750 shares of the company’s stock valued at $25,317,000 after buying an additional 9,790 shares in the last quarter.

Radian Group Inc is a holding company that provides mortgage insurance, and products and services to the real estate and mortgage finance industries. The Company operates in two segments: Mortgage Insurance and Services. The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance to mortgage lending institutions.

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