NMI Holdings, Inc. (NASDAQ:NMIH) Shares Bought by Chartwell Investment Partners LLC

Chartwell Investment Partners LLC raised its holdings in NMI Holdings, Inc. (NASDAQ:NMIH) by 21.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 38,599 shares of the financial services provider’s stock after purchasing an additional 6,787 shares during the quarter. Chartwell Investment Partners LLC’s holdings in NMI were worth $1,589,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of NMIH. Vanguard Group Inc. boosted its holdings in shares of NMI by 5.3% in the first quarter. Vanguard Group Inc. now owns 7,168,138 shares of the financial services provider’s stock valued at $231,818,000 after acquiring an additional 358,930 shares in the last quarter. Van Berkom & Associates Inc. boosted its holdings in NMI by 2.1% during the second quarter. Van Berkom & Associates Inc. now owns 2,451,743 shares of the financial services provider’s stock worth $83,457,000 after buying an additional 51,194 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in NMI by 38.0% during the third quarter. Assenagon Asset Management S.A. now owns 1,942,428 shares of the financial services provider’s stock worth $80,009,000 after buying an additional 534,818 shares in the last quarter. American Century Companies Inc. raised its position in NMI by 18.4% during the second quarter. American Century Companies Inc. now owns 1,617,601 shares of the financial services provider’s stock worth $55,063,000 after acquiring an additional 251,664 shares during the last quarter. Finally, Millennium Management LLC raised its position in NMI by 34.8% during the second quarter. Millennium Management LLC now owns 1,020,415 shares of the financial services provider’s stock worth $34,735,000 after acquiring an additional 263,478 shares during the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NMIH has been the subject of a number of research reports. Royal Bank of Canada cut their target price on shares of NMI from $48.00 to $47.00 and set an “outperform” rating for the company in a research report on Thursday, November 7th. Keefe, Bruyette & Woods upped their price target on shares of NMI from $37.00 to $40.00 and gave the stock a “market perform” rating in a research report on Thursday, August 1st. StockNews.com downgraded shares of NMI from a “buy” rating to a “hold” rating in a research note on Wednesday, August 21st. JPMorgan Chase & Co. upped their target price on shares of NMI from $42.00 to $46.00 and gave the company an “overweight” rating in a research note on Monday, October 7th. Finally, Barclays upped their target price on shares of NMI from $43.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.29.

Insiders Place Their Bets

In other NMI news, insider William J. Leatherberry sold 3,000 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $40.07, for a total transaction of $120,210.00. Following the sale, the insider now directly owns 153,689 shares of the company’s stock, valued at approximately $6,158,318.23. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is owned by corporate insiders.

NMI Trading Up 1.4 %

NASDAQ NMIH opened at $38.53 on Wednesday. NMI Holdings, Inc. has a 12 month low of $27.00 and a 12 month high of $42.49. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.83 and a quick ratio of 0.67. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 8.82, a price-to-earnings-growth ratio of 0.84 and a beta of 1.13. The company’s fifty day moving average price is $40.14 and its two-hundred day moving average price is $36.94.

NMI Profile

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.