Cleararc Capital Lifted Its Amazon Com Com (AMZN) Holding; 11 Bullish Analysts Covering MGIC Investment (MTG)

February 21, 2018 - By Richard Conner

Among 13 analysts covering MGIC Investment Corp. (NYSE:MTG), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. MGIC Investment Corp. had 41 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank on Monday, December 12 to “Buy”. The stock of MGIC Investment Corporation (NYSE:MTG) earned “Buy” rating by Keefe Bruyette & Woods on Friday, January 19. FBR Capital maintained the shares of MTG in report on Monday, February 13 with “Outperform” rating. FBR Capital maintained MGIC Investment Corporation (NYSE:MTG) rating on Thursday, January 18. FBR Capital has “Buy” rating and $19.0 target. The firm earned “Buy” rating on Thursday, October 19 by Keefe Bruyette & Woods. As per Monday, October 12, the company rating was upgraded by Keefe Bruyette & Woods. The firm has “Buy” rating given on Monday, January 8 by Deutsche Bank. BTIG Research maintained the shares of MTG in report on Wednesday, October 18 with “Buy” rating. Deutsche Bank downgraded MGIC Investment Corporation (NYSE:MTG) on Friday, November 3 to “Hold” rating. FBR Capital maintained MGIC Investment Corporation (NYSE:MTG) on Thursday, July 20 with “Buy” rating. See MGIC Investment Corporation (NYSE:MTG) latest ratings:

19/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $18.5 Maintain
18/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $20.0 Maintain
18/01/2018 Broker: FBR Capital Rating: Buy New Target: $19.0 Maintain
08/01/2018 Broker: Deutsche Bank Rating: Buy New Target: $18.0 Upgrade
04/01/2018 Broker: Susquehanna Rating: Buy New Target: $18.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $17.5 Maintain
20/12/2017 Broker: BTIG Research Rating: Buy New Target: $18.0 Maintain
20/12/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $18 Initiates Coverage On
28/11/2017 Broker: Wells Fargo Rating: Buy New Target: $17.0
14/11/2017 Broker: BTIG Research Rating: Buy New Target: $16.0 Maintain

Cleararc Capital Inc increased Amazon Com Inc Com (AMZN) stake by 5.71% reported in 2017Q3 SEC filing. Cleararc Capital Inc acquired 558 shares as Amazon Com Inc Com (AMZN)’s stock rose 13.58%. The Cleararc Capital Inc holds 10,329 shares with $9.93 million value, up from 9,771 last quarter. Amazon Com Inc Com now has $720.10 billion valuation. The stock increased 1.30% or $19.14 during the last trading session, reaching $1487.49. About 5.21 million shares traded or 7.21% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 21, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 53 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 273 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, July 28, the company rating was maintained by UBS. The stock has “Overweight” rating by PiperJaffray on Friday, February 2. Robert W. Baird maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, October 26 with “Buy” rating. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, June 21. The firm earned “Outperform” rating on Friday, June 10 by William Blair. Jefferies maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, June 16. Jefferies has “Buy” rating and $115000 target. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, July 29 by Benchmark. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, August 25 by Needham. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, October 5. Jefferies maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 29 with “Buy” rating.

Cleararc Capital Inc decreased Pepsico Inc Com (NYSE:PEP) stake by 4,635 shares to 48,352 valued at $5.39M in 2017Q3. It also reduced Cisco Sys Inc Com (NASDAQ:CSCO) stake by 11,203 shares and now owns 156,928 shares. Pioneer Nat Res Co Com (NYSE:PXD) was reduced too.

Since December 7, 2017, it had 0 buys, and 1 insider sale for $3.25 million activity. 2,800 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $3.25 million were sold by WILKE JEFFREY A.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It worsened, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Amer Registered Invest Advisor holds 1,959 shares. Homrich And Berg holds 0.12% or 1,518 shares in its portfolio. C World Group Hldg A S reported 302,601 shares stake. Bridgeway Incorporated holds 0.41% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 36,978 shares. Tru Of Virginia Va has invested 0.13% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Macguire Cheswick & Tuttle Investment Counsel Lc holds 24,647 shares. Strs Ohio accumulated 362,439 shares or 1.5% of the stock. Motco, Texas-based fund reported 76 shares. Oak Oh accumulated 61,282 shares. Bb&T Securities reported 17,891 shares. 1.24 million are held by Sumitomo Mitsui Tru Holdg. Marshall Wace Ltd Liability Partnership owns 87,676 shares for 3.92% of their portfolio. Moreover, Nippon Life Glob Americas has 2.65% invested in Amazon.com, Inc. (NASDAQ:AMZN). Goelzer Mngmt Incorporated holds 394 shares or 0.04% of its portfolio. Beck Cap Mgmt Ltd Company stated it has 3.03% in Amazon.com, Inc. (NASDAQ:AMZN).

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.07, from 1.08 in 2017Q2. It increased, as 20 investors sold MGIC Investment Corporation shares while 89 reduced holdings. 37 funds opened positions while 88 raised stakes. 333.10 million shares or 3.73% more from 321.13 million shares in 2017Q2 were reported. 2,882 are held by First Personal Fin. Invest Counselors Of Maryland Lc holds 1.92M shares. Ahl Ptnrs Llp accumulated 12,520 shares or 0% of the stock. American Century Cos holds 317,059 shares. Oxbow Advsrs Limited Liability Corporation reported 0.45% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Nfc Ltd Liability invested in 1.66M shares. Fund Mngmt Sa accumulated 546,103 shares or 0.05% of the stock. Bluemountain Cap Management Ltd accumulated 92,200 shares. Carl Domino Incorporated invested in 87,000 shares. Cwm Ltd Liability holds 0% of its portfolio in MGIC Investment Corporation (NYSE:MTG) for 352 shares. Guggenheim Ltd Com, a Illinois-based fund reported 146,211 shares. 400,975 were accumulated by Chicago Equity Prtn Limited Liability Co. Numeric Invsts Limited has invested 0.21% in MGIC Investment Corporation (NYSE:MTG). Los Angeles Capital Mngmt And Equity Research Inc invested in 767,874 shares or 0.06% of the stock. State Board Of Administration Of Florida Retirement System has 256,789 shares.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company has market cap of $5.35 billion. The firm offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It has a 15.25 P/E ratio. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services, as well as reinsurance arrangements.

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