Universal Beteiligungs und Servicegesellschaft mbH Buys 26,614 Shares of NMI Holdings Inc $NMIH

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in NMI Holdings Inc (NASDAQ:NMIH) by 19.2% during the fourth quarter, HoldingsChannel reports. The firm owned 165,384 shares of the financial services provider’s stock after acquiring an additional 26,614 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in NMI were worth $6,759,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Evergreen Capital Management LLC raised its holdings in NMI by 110.3% during the 4th quarter. Evergreen Capital Management LLC now owns 31,405 shares of the financial services provider’s stock valued at $1,281,000 after acquiring an additional 16,470 shares during the period. First Horizon Corp increased its holdings in shares of NMI by 455.0% in the fourth quarter. First Horizon Corp now owns 2,381 shares of the financial services provider’s stock worth $97,000 after purchasing an additional 1,952 shares during the period. Merit Financial Group LLC bought a new position in shares of NMI in the fourth quarter worth $211,000. CWM LLC increased its holdings in shares of NMI by 36.9% in the fourth quarter. CWM LLC now owns 43,702 shares of the financial services provider’s stock worth $1,783,000 after purchasing an additional 11,776 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in shares of NMI by 161.5% in the fourth quarter. Farther Finance Advisors LLC now owns 1,004 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 620 shares during the period. Institutional investors own 94.12% of the company’s stock.

NMI Trading Up 1.2%

Shares of NMIH stock opened at $41.59 on Tuesday. NMI Holdings Inc has a 12-month low of $33.22 and a 12-month high of $43.20. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The firm’s 50 day moving average is $38.59 and its 200 day moving average is $38.51. The stock has a market capitalization of $3.17 billion, a P/E ratio of 8.47, a P/E/G ratio of 1.18 and a beta of 0.64.

NMI (NASDAQ:NMIH) last issued its earnings results on Tuesday, February 10th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. NMI had a net margin of 55.05% and a return on equity of 15.78%. The company had revenue of $180.74 million for the quarter, compared to analysts’ expectations of $180.69 million. During the same quarter last year, the company posted $1.07 earnings per share. Research analysts expect that NMI Holdings Inc will post 5.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of NMI in a research report on Thursday, January 22nd. UBS Group set a $43.00 price target on shares of NMI in a research note on Monday, January 12th. Barclays decreased their price target on shares of NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Keefe, Bruyette & Woods increased their price target on shares of NMI from $48.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, April 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NMI has a consensus rating of “Moderate Buy” and an average price target of $43.20.

Insider Transactions at NMI

In other news, EVP Mohammad Nawaz Yousaf sold 16,000 shares of NMI stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.89, for a total transaction of $638,240.00. Following the transaction, the executive vice president owned 38,733 shares in the company, valued at $1,545,059.37. This trade represents a 29.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Bradley M. Shuster sold 55,000 shares of NMI stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $39.63, for a total transaction of $2,179,650.00. Following the transaction, the chairman owned 415,411 shares in the company, valued at $16,462,737.93. This represents a 11.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 189,412 shares of company stock worth $7,357,746 in the last 90 days. 2.44% of the stock is currently owned by insiders.

NMI Profile

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.