Bokf Na Purchases 51,884 Shares of MGIC Investment Corporation $MTG

Bokf Na raised its position in MGIC Investment Corporation (NYSE:MTG) by 28.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 236,412 shares of the insurance provider’s stock after purchasing an additional 51,884 shares during the period. Bokf Na owned 0.11% of MGIC Investment worth $6,707,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Alpine Bank Wealth Management bought a new position in MGIC Investment during the third quarter worth $28,000. SBI Securities Co. Ltd. boosted its position in MGIC Investment by 61.1% during the third quarter. SBI Securities Co. Ltd. now owns 1,041 shares of the insurance provider’s stock valued at $30,000 after acquiring an additional 395 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in MGIC Investment during the 2nd quarter worth about $32,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in MGIC Investment by 118.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,308 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 708 shares during the period. Finally, Root Financial Partners LLC bought a new position in shares of MGIC Investment in the 3rd quarter worth about $38,000. 95.58% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Paula C. Maggio sold 20,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $27.51, for a total value of $550,200.00. Following the completion of the sale, the executive vice president owned 114,689 shares in the company, valued at $3,155,094.39. This represents a 14.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Timothy J. Mattke sold 139,203 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $26.51, for a total transaction of $3,690,271.53. Following the completion of the sale, the chief executive officer owned 822,588 shares of the company’s stock, valued at approximately $21,806,807.88. This represents a 14.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 189,203 shares of company stock worth $5,058,572. 1.05% of the stock is owned by corporate insiders.

MGIC Investment Stock Up 1.0%

MGIC Investment stock opened at $26.13 on Friday. The firm has a market capitalization of $5.62 billion, a price-to-earnings ratio of 8.32, a price-to-earnings-growth ratio of 2.06 and a beta of 0.83. The firm’s fifty day moving average price is $26.92 and its two-hundred day moving average price is $27.72. MGIC Investment Corporation has a 1-year low of $21.94 and a 1-year high of $29.97. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.13.

MGIC Investment (NYSE:MTG) last posted its earnings results on Monday, February 2nd. The insurance provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.73 by $0.02. MGIC Investment had a net margin of 60.84% and a return on equity of 14.33%. During the same quarter in the prior year, the firm earned $0.72 earnings per share. The company’s revenue was down .9% on a year-over-year basis. On average, equities research analysts predict that MGIC Investment Corporation will post 2.71 earnings per share for the current fiscal year.

MGIC Investment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Tuesday, February 17th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 17th. This represents a $0.60 annualized dividend and a yield of 2.3%. MGIC Investment’s dividend payout ratio is 19.11%.

MGIC Investment News Roundup

Here are the key news stories impacting MGIC Investment this week:

• Neutral Sentiment: UBS reduced its price target for MTG from $29.50 to $28.00 and set a “neutral” rating; the new PT still implies upside vs. current levels, so this is a mild cap on upside rather than a bearish call. UBS Lowers PT to $28
• Negative Sentiment: Zacks Research trimmed multiple EPS estimates across quarters and fiscal years, lowering Q1 2026 to $0.73 (from $0.74), Q2 2026 to $0.75 (from $0.76), Q1–Q3 2027 quarterlies modestly (e.g., Q1 2027 to $0.81 from $0.83; Q2 2027 to $0.86 from $0.87; Q3 2027 to $0.84), and cutting FY2026 to $3.10 (from $3.12) and FY2027 to $3.39 (from $3.42). These downward tweaks are small but signal slightly weaker near‑term earnings momentum that could weigh on sentiment. Zacks Lowers Estimates

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Weiss Ratings lowered MGIC Investment from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, February 5th. UBS Group lowered their target price on MGIC Investment from $29.50 to $28.00 and set a “neutral” rating for the company in a report on Thursday. Barclays dropped their price target on MGIC Investment from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of MGIC Investment from $27.00 to $28.00 and gave the stock a “market perform” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, MGIC Investment presently has an average rating of “Hold” and an average target price of $28.00.

About MGIC Investment

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.