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Sabal Trust Co Upped By $2.03 Million Its Public Storage (PSA) Position; Robertson Opportunity Capital Has Cut Its Mgic Invt Wis (MTG) Holding

MGIC Investment Corporation (NYSE:MTG) Logo

Sabal Trust Co increased Public Storage (PSA) stake by 9.2% reported in 2018Q1 SEC filing. Sabal Trust Co acquired 10,172 shares as Public Storage (PSA)’s stock rose 6.44%. The Sabal Trust Co holds 120,687 shares with $24.18M value, up from 110,515 last quarter. Public Storage now has $39.42 billion valuation. The stock increased 1.86% or $4.12 during the last trading session, reaching $225.96. About 1.20M shares traded or 47.75% up from the average. Public Storage (NYSE:PSA) has declined 3.96% since June 24, 2017 and is downtrending. It has underperformed by 16.53% the S&P500. Some Historical PSA News: 12/04/2018 – LGT Capital Adds Intuit, Exits Public Storage, Cuts Akamai: 13F; 25/04/2018 – PUBLIC STORAGE 1Q CORE FFO/SHR $2.48, EST. $2.46; 21/04/2018 – DJ Public Storage, Inst Holders, 1Q 2018 (PSA); 07/05/2018 – PUBLIC STORAGE PSA.N : BARCLAYS RAISES TARGET PRICE TO $205 FROM $203; 25/04/2018 – Public Storage 1Q Net $343M; 16/04/2018 – PSA’S OPEL, UNIONS FAIL TO REACH AGREEMENT FOR EISENACH PLANT; 17/04/2018 – PUBLIC STORAGE PSA.N : BARCLAYS RAISES TARGET PRICE TO $203 FROM $201; 25/04/2018 – Public Storage Announces Management Changes; 25/04/2018 – PUBLIC STORAGE 1Q REV. $669.9M, EST. $665.4M; 25/04/2018 – PUBLIC STORAGE 1Q SAME-STORE RENTAL INCOME $525.2M

Robertson Opportunity Capital Llc decreased Mgic Invt Corp Wis (MTG) stake by 74.87% reported in 2018Q1 SEC filing. Robertson Opportunity Capital Llc sold 283,000 shares as Mgic Invt Corp Wis (MTG)’s stock declined 26.95%. The Robertson Opportunity Capital Llc holds 95,000 shares with $1.24 million value, down from 378,000 last quarter. Mgic Invt Corp Wis now has $4.17 billion valuation. The stock decreased 1.23% or $0.14 during the last trading session, reaching $11.23. About 5.06 million shares traded or 13.25% up from the average. MGIC Investment Corporation (NYSE:MTG) has declined 2.69% since June 24, 2017 and is downtrending. It has underperformed by 15.26% the S&P500. Some Historical MTG News: 09/04/2018 – MGIC Announces Reduced Borrower-Paid Premium Rates; 12/03/2018 – MORTGAGE INSURERS RADIAN, ESSENT, AND MGIC ARE PLUNGING 10%; 18/04/2018 – MGIC 1Q NET OPER EPS 38C; 08/03/2018 – MGIC Investment Corporation Releases Monthly Operating Statistics; 18/04/2018 – MGIC Invest 1Q Rev $265.8M; 04/05/2018 – MGIC hires Greg Korn, Sales Manager — New England; 14/05/2018 – Old Mutual Global Investors (Uk) Buys New 1.2% Position in MGIC; 09/04/2018 – MGIC Invest: Borrower-Paid Mortgage Insurance Premium Rates on Most Popular Premium Plans Have Been Reduced by Average 11%; 15/05/2018 – Point72 Asset Management Buys New 1.3% Position in MGIC; 22/03/2018 – MGIC hires Sean Valcamp, Vice President, Chief Information Security Officer

More news for MGIC Investment Corporation (NYSE:MTG) were recently published by: Benzinga.com, which released: “MGIC Downgraded As Shares Close In On BofA’s Price Target” on June 13, 2018. Seekingalpha.com‘s article titled: “MGIC Investment May insurance in force up 7.4%, delinquencies down 10.5%” and published on June 08, 2018 is yet another important article.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.44, from 1.32 in 2017Q4. It fall, as 38 investors sold MTG shares while 100 reduced holdings. 35 funds opened positions while 87 raised stakes. 331.27 million shares or 1.30% less from 335.64 million shares in 2017Q4 were reported. Raymond James Assoc stated it has 0% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Bnp Paribas Asset Mgmt reported 0.05% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Creative Planning reported 14,118 shares. Zeke Capital Advisors Ltd Liability Corporation reported 19,837 shares or 0.02% of all its holdings. Stone Ridge Asset Limited Liability Com holds 73,001 shares. Old Mutual Investors (Uk) Limited invested in 0.44% or 4.28M shares. Cipher Capital Lp has invested 0.06% in MGIC Investment Corporation (NYSE:MTG). Bluemountain Cap Ltd Liability stated it has 489,053 shares. Lpl Ltd reported 111,241 shares. Clinton Gp stated it has 0.42% in MGIC Investment Corporation (NYSE:MTG). Raymond James Financial Advsr holds 47,523 shares. Point72 Asset Management Lp has invested 0.27% in MGIC Investment Corporation (NYSE:MTG). Gotham Asset Management Lc stated it has 29,451 shares. Nordea Invest Mgmt Ab has 1.13 million shares. Pnc Fincl Grp Inc accumulated 0% or 364,269 shares.

Among 14 analysts covering MGIC Investment Corp. (NYSE:MTG), 10 have Buy rating, 1 Sell and 3 Hold. Therefore 71% are positive. MGIC Investment Corp. had 55 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, August 30. Compass Point maintained it with “Buy” rating and $13 target in Wednesday, August 12 report. The company was maintained on Friday, January 22 by FBR Capital. Deutsche Bank upgraded the stock to “Buy” rating in Monday, December 12 report. Bank of America maintained the stock with “Buy” rating in Friday, October 20 report. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, April 11 report. The firm has “Buy” rating given on Monday, October 17 by Bank of America. FBR Capital maintained the stock with “Buy” rating in Thursday, January 18 report. B. Riley & Co maintained MGIC Investment Corporation (NYSE:MTG) rating on Tuesday, April 10. B. Riley & Co has “Buy” rating and $18 target. The stock of MGIC Investment Corporation (NYSE:MTG) has “Hold” rating given on Friday, November 3 by Deutsche Bank.

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 8.02 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.

Sabal Trust Co decreased Boeing Co (NYSE:BA) stake by 19,586 shares to 88,593 valued at $29.05M in 2018Q1. It also reduced Pfizer Inc (NYSE:PFE) stake by 149,276 shares and now owns 809,912 shares. Paychex Inc (NASDAQ:PAYX) was reduced too.

Public Storage (NYSE:PSA) Institutional Positions Chart

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