NMI Holdings Inc (NMIH) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in shares of NMI Holdings Inc (NASDAQ:NMIH) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,024,900 shares of the financial services provider’s stock after buying an additional 44,182 shares during the period. Renaissance Technologies LLC owned approximately 3.38% of NMI Holdings worth $23,185,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC raised its holdings in NMI Holdings by 9.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,580 shares of the financial services provider’s stock worth $101,000 after buying an additional 800 shares during the period. Two Sigma Securities LLC acquired a new stake in NMI Holdings during the 1st quarter worth approximately $131,000. Legal & General Group Plc raised its holdings in NMI Holdings by 8.8% during the 2nd quarter. Legal & General Group Plc now owns 13,003 shares of the financial services provider’s stock worth $149,000 after buying an additional 1,047 shares during the period. Campbell & CO Investment Adviser LLC raised its holdings in NMI Holdings by 54.1% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 17,869 shares of the financial services provider’s stock worth $205,000 after buying an additional 6,272 shares during the period. Finally, Bank of Montreal Can raised its holdings in NMI Holdings by 1,484.7% during the 2nd quarter. Bank of Montreal Can now owns 19,524 shares of the financial services provider’s stock worth $224,000 after buying an additional 18,292 shares during the period. Hedge funds and other institutional investors own 84.86% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “NMI Holdings Inc (NMIH) Shares Bought by Renaissance Technologies LLC” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/10/nmi-holdings-inc-nmih-shares-bought-by-renaissance-technologies-llc.html.

Shares of NMI Holdings Inc (NASDAQ:NMIH) opened at 12.05 on Tuesday. NMI Holdings Inc has a 12-month low of $7.49 and a 12-month high of $12.70. The firm has a market capitalization of $721.34 million, a P/E ratio of 9.59 and a beta of 0.69. The stock has a 50 day moving average of $11.47 and a 200-day moving average of $11.43.

NMI Holdings (NASDAQ:NMIH) last issued its earnings results on Tuesday, August 1st. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. NMI Holdings had a return on equity of 5.95% and a net margin of 52.34%. The company had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $41.13 million. During the same period last year, the business earned $0.03 EPS. NMI Holdings’s quarterly revenue was up 43.1% compared to the same quarter last year. On average, equities research analysts predict that NMI Holdings Inc will post $0.52 EPS for the current fiscal year.

Several brokerages have commented on NMIH. BidaskClub upgraded shares of NMI Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of NMI Holdings from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. ValuEngine downgraded shares of NMI Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Compass Point downgraded shares of NMI Holdings from a “buy” rating to a “neutral” rating and set a $13.00 price objective on the stock. in a report on Tuesday, August 8th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $13.00 price objective on shares of NMI Holdings in a report on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $13.20.

In related news, CEO Bradley M. Shuster sold 30,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $11.79, for a total value of $353,700.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP William J. Leatherberry bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The stock was purchased at an average price of $10.65 per share, for a total transaction of $53,250.00. The disclosure for this purchase can be found

Other hedge funds also recently made changes to their positions in the company. Nisa Investment Advisors LLC raised its holdings in NMI Holdings by 9.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,580 shares of the financial services provider’s stock worth $101,000 after buying an additional 800 shares during the period. Two Sigma Securities LLC acquired a new stake in NMI Holdings during the 1st quarter worth approximately $131,000. Legal & General Group Plc raised its holdings in NMI Holdings by 8.8% during the 2nd quarter. Legal & General Group Plc now owns 13,003 shares of the financial services provider’s stock worth $149,000 after buying an additional 1,047 shares during the period. Campbell & CO Investment Adviser LLC raised its holdings in NMI Holdings by 54.1% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 17,869 shares of the financial services provider’s stock worth $205,000 after buying an additional 6,272 shares during the period. Finally, Bank of Montreal Can raised its holdings in NMI Holdings by 1,484.7% during the 2nd quarter. Bank of Montreal Can now owns 19,524 shares of the financial services provider’s stock worth $224,000 after buying an additional 18,292 shares during the period. Hedge funds and other institutional investors own 84.86% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “NMI Holdings Inc (NMIH) Shares Bought by Renaissance Technologies LLC” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/10/nmi-holdings-inc-nmih-shares-bought-by-renaissance-technologies-llc.html.

Shares of NMI Holdings Inc (NASDAQ:NMIH) opened at 12.05 on Tuesday. NMI Holdings Inc has a 12-month low of $7.49 and a 12-month high of $12.70. The firm has a market capitalization of $721.34 million, a P/E ratio of 9.59 and a beta of 0.69. The stock has a 50 day moving average of $11.47 and a 200-day moving average of $11.43.

NMI Holdings (NASDAQ:NMIH) last issued its earnings results on Tuesday, August 1st. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. NMI Holdings had a return on equity of 5.95% and a net margin of 52.34%. The company had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $41.13 million. During the same period last year, the business earned $0.03 EPS. NMI Holdings’s quarterly revenue was up 43.1% compared to the same quarter last year. On average, equities research analysts predict that NMI Holdings Inc will post $0.52 EPS for the current fiscal year.

Several brokerages have commented on NMIH. BidaskClub upgraded shares of NMI Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of NMI Holdings from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. ValuEngine downgraded shares of NMI Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Compass Point downgraded shares of NMI Holdings from a “buy” rating to a “neutral” rating and set a $13.00 price objective on the stock. in a report on Tuesday, August 8th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $13.00 price objective on shares of NMI Holdings in a report on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $13.20.

In related news, CEO Bradley M. Shuster sold 30,000 shares of the stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $11.79, for a total value of $353,700.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP William J. Leatherberry bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 29th. The stock was purchased at an average price of $10.65 per share, for a total transaction of $53,250.00. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 149,227 shares of company stock worth $1,760,571. 5.40% of the stock is owned by company insiders.

About NMI Holdings

NMI Holdings, Inc (NMIH) provides private mortgage guaranty insurance through its insurance subsidiaries. The Company’s primary insurance subsidiary, National Mortgage Insurance Corporation (NMIC), is a mortgage insurance (MI) provider on loans purchased by the Government-sponsored enterprises (GSEs).

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Institutional Ownership by Quarter for NMI Holdings (NASDAQ:NMIH)

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