QRG Capital Management Inc. Lowers Stake in MGIC Investment Co. (NYSE:MTG) – Analyst Upgrades and Downgrades
Are you interested in investing in MGIC Investment Co. (NYSE:MTG)? QRG Capital Management Inc. recently lowered its stake in the company, but that doesn’t mean it’s not a good investment opportunity. In fact, several other institutional investors and hedge funds have recently made changes to their positions in MTG, showing continued interest in the stock.
Analysts have also weighed in on MTG shares, with some increasing their price targets and ratings for the company. This indicates positive sentiment and potential growth for MGIC Investment in the future.
Currently, MGIC Investment stock is up 0.0%, with a market capitalization of $6.24 billion. The company recently reported quarterly earnings that beat expectations, showing strong performance and potential for future growth.
Additionally, MGIC Investment recently announced a quarterly dividend, providing additional value for shareholders. With a payout ratio of 17.69% and a yield of 1.97%, this dividend adds to the overall attractiveness of investing in the company.
Overall, MGIC Investment Corporation offers private mortgage insurance and other mortgage credit risk management solutions, making it a valuable player in the industry. With positive analyst ratings, strong financial performance, and a solid dividend offering, MGIC Investment Co. presents a compelling investment opportunity for those looking to add to their portfolio.
For more information and analysis on MGIC Investment, be sure to check out MarketBeat.com’s latest reports and sign up for their free daily email newsletter to stay updated on the latest news and ratings for MGIC Investment and related companies.
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