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Mgic Investment (MTG) Holder Highlander Capital Management Cut Holding by $357,070; Taconic Capital Advisors LP Has Decreased Stake in Colgate Palmolive Co (CL) by $750,000 as Stock Value Declined

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Frank Brosens decreased its stake in Colgate Palmolive Co (CL) by 13.33% based on its latest 2017Q4 regulatory filing with the SEC. Taconic Capital Advisors Lp sold 10,000 shares as the company’s stock declined 7.81% with the market. The hedge fund run by Frank Brosens held 65,000 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $4.90 million, down from 75,000 at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in Colgate Palmolive Co for a number of months, seems to be less bullish one the $54.16B market cap company. The stock increased 0.71% or $0.44 during the last trading session, reaching $62.09. About 3.81 million shares traded. Colgate-Palmolive Company (NYSE:CL) has declined 5.65% since May 17, 2017 and is downtrending. It has underperformed by 17.20% the S&P500.

Highlander Capital Management Llc decreased its stake in Mgic Investment Corp (MTG) by 18.41% based on its latest 2017Q4 regulatory filing with the SEC. Highlander Capital Management Llc sold 25,505 shares as the company’s stock declined 11.07% with the market. The institutional investor held 113,062 shares of the property-casualty insurers company at the end of 2017Q4, valued at $1.60M, down from 138,567 at the end of the previous reported quarter. Highlander Capital Management Llc who had been investing in Mgic Investment Corp for a number of months, seems to be less bullish one the $4.01 billion market cap company. The stock increased 2.46% or $0.26 during the last trading session, reaching $10.81. About 2.74M shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 30.58% since May 17, 2017 and is uptrending. It has outperformed by 19.03% the S&P500.

Among 14 analysts covering MGIC Investment Corp. (NYSE:MTG), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. MGIC Investment Corp. had 54 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by Susquehanna given on Wednesday, April 18. Deutsche Bank upgraded MGIC Investment Corporation (NYSE:MTG) rating on Monday, January 8. Deutsche Bank has “Buy” rating and $18.0 target. The firm has “Neutral” rating given on Monday, May 2 by Credit Suisse. Bank of America downgraded MGIC Investment Corporation (NYSE:MTG) on Tuesday, April 10 to “Hold” rating. FBR Capital maintained the stock with “Outperform” rating in Wednesday, July 20 report. The rating was maintained by Compass Point with “Buy” on Wednesday, August 12. As per Thursday, April 26, the company rating was maintained by BTIG Research. The stock of MGIC Investment Corporation (NYSE:MTG) has “Buy” rating given on Tuesday, April 10 by Deutsche Bank. The stock has “Buy” rating by BTIG Research on Monday, April 9. The firm has “Outperform” rating given on Monday, October 12 by Keefe Bruyette & Woods.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.17, from 1.15 in 2017Q3. It increased, as 14 investors sold MTG shares while 99 reduced holdings. 53 funds opened positions while 96 raised stakes. 335.64 million shares or 0.76% more from 333.10 million shares in 2017Q3 were reported. D E Shaw & stated it has 0% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Anchor Cap Limited has invested 0.03% in MGIC Investment Corporation (NYSE:MTG). Reliance Tru Of Delaware owns 30,274 shares. Prudential Fincl Inc stated it has 0.05% in MGIC Investment Corporation (NYSE:MTG). Meeder Asset Mngmt Incorporated has invested 0.05% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Vaughan Nelson Invest Management Ltd Partnership has invested 0.52% in MGIC Investment Corporation (NYSE:MTG). Pacad Invest holds 0.19% or 60,200 shares in its portfolio. Bowling Port Management Limited Liability Company, a Ohio-based fund reported 207,485 shares. 204,446 are owned by Legal And General Grp Public Ltd. Dimensional Fund LP invested 0.02% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Select Equity Gp Lp has 0.2% invested in MGIC Investment Corporation (NYSE:MTG) for 1.74M shares. Moreover, Aperio Group Limited Liability Co has 0% invested in MGIC Investment Corporation (NYSE:MTG) for 63,906 shares. Thrivent Fin For Lutherans stated it has 400,484 shares. Virginia Retirement Systems Et Al, a Virginia-based fund reported 141,100 shares. Fmr Limited Liability holds 0.03% of its portfolio in MGIC Investment Corporation (NYSE:MTG) for 16.27 million shares.

Highlander Capital Management Llc, which manages about $131.70M and $136.75 million US Long portfolio, upped its stake in Kinder Morgan Inc (NYSE:KMI) by 22,823 shares to 34,885 shares, valued at $630,000 in 2017Q4, according to the filing. It also increased its holding in Cbs Corp (NYSE:CBS) by 11,375 shares in the quarter, for a total of 12,675 shares, and has risen its stake in Oracle Corporation (NYSE:ORCL).

Another recent and important MGIC Investment Corporation (NYSE:MTG) news was published by Seekingalpha.com which published an article titled: “More on MGIC Insurance’s Q1 beat” on April 18, 2018.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on July, 19. They expect $0.35 EPS, up 12.90% or $0.04 from last year’s $0.31 per share. MTG’s profit will be $129.96 million for 7.72 P/E if the $0.35 EPS becomes a reality. After $0.38 actual EPS reported by MGIC Investment Corporation for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

Since December 13, 2017, it had 0 insider buys, and 24 insider sales for $40.52 million activity. Shares for $10.02M were sold by MOISON FRANCK J. Another trade for 20,891 shares valued at $1.47M was made by COOK IAN M on Tuesday, February 20. The insider JAKOBSEN HENNING I sold $2.58 million. 4,161 shares were sold by Skala Justin, worth $292,026 on Tuesday, February 20. HANCOCK ELLEN M also sold $346,581 worth of Colgate-Palmolive Company (NYSE:CL) on Wednesday, January 31. Another trade for 902 shares valued at $68,390 was sold by Daniels Jennifer.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.03, from 0.9 in 2017Q3. It worsened, as 56 investors sold CL shares while 444 reduced holdings. 98 funds opened positions while 335 raised stakes. 606.34 million shares or 1.77% less from 617.24 million shares in 2017Q3 were reported. Nuveen Asset Management Ltd, Illinois-based fund reported 45,124 shares. Levin Capital Strategies LP invested in 0.01% or 5,709 shares. Bollard Lc has 0.19% invested in Colgate-Palmolive Company (NYSE:CL). Pennsylvania holds 0.33% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 97,922 shares. Private Ocean Llc has 23 shares for 0% of their portfolio. Massachusetts-based North Mgmt has invested 2.64% in Colgate-Palmolive Company (NYSE:CL). Natl Asset Management Inc owns 8,350 shares for 0.09% of their portfolio. 953,699 are held by Amf Pensionsforsakring Ab. Destination Wealth Mgmt reported 1.6% of its portfolio in Colgate-Palmolive Company (NYSE:CL). Confluence Investment Management Ltd accumulated 1.35M shares or 1.86% of the stock. Kcm Inv Advisors Ltd holds 129,348 shares. Birmingham Cap Inc Al owns 15,956 shares. Spectrum Mgmt Grp Inc reported 450 shares stake. Joel Isaacson & Comm Limited Co reported 11,954 shares. Cape Cod Five Cents Bankshares holds 0.19% in Colgate-Palmolive Company (NYSE:CL) or 16,557 shares.

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 5 have Buy rating, 1 Sell and 19 Hold. Therefore 20% are positive. Colgate-Palmolive had 70 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, September 26 the stock rating was maintained by Jefferies with “Hold”. Deutsche Bank maintained the stock with “Hold” rating in Monday, November 2 report. RBC Capital Markets maintained the stock with “Hold” rating in Friday, June 30 report. Jefferies maintained the shares of CL in report on Thursday, July 6 with “Hold” rating. The firm has “Hold” rating by Stifel Nicolaus given on Monday, January 30. The firm has “Outperform” rating given on Tuesday, February 21 by BNP Paribas. The firm earned “Neutral” rating on Thursday, November 2 by Citigroup. Citigroup maintained the stock with “Neutral” rating in Tuesday, January 30 report. As per Friday, January 15, the company rating was upgraded by BNP Paribas. UBS maintained the stock with “Neutral” rating in Friday, July 31 report.

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on July, 20. They expect $0.79 earnings per share, up 9.72% or $0.07 from last year’s $0.72 per share. CL’s profit will be $689.13M for 19.65 P/E if the $0.79 EPS becomes a reality. After $0.74 actual earnings per share reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 6.76% EPS growth.

Colgate-Palmolive Company (NYSE:CL) Institutional Positions Chart

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