Mgic Invt Wis (MTG) Stake Held by Mcf Advisors Llc; As Grupo Televisa Sa (TV) Stock Price Declined, Foxhaven Asset Management LP Has Lifted Holding

April 15, 2018 - By Darrin Black

Grupo Televisa, S.A.B. (NYSE:TV) Logo

Michael Pausic increased its stake in Grupo Televisa Sa (TV) by 117.77% based on its latest 2017Q4 regulatory filing with the SEC. Foxhaven Asset Management Lp bought 2.23 million shares as the company’s stock declined 16.38% with the market. The hedge fund run by Michael Pausic held 4.13M shares of the broadcasting company at the end of 2017Q4, valued at $77.13 million, up from 1.90M at the end of the previous reported quarter. Foxhaven Asset Management Lp who had been investing in Grupo Televisa Sa for a number of months, seems to be bullish on the $9.98 billion market cap company. The stock increased 0.06% or $0.01 during the last trading session, reaching $17.59. About 1.05 million shares traded. Grupo Televisa, S.A.B. (NYSE:TV) has declined 39.94% since April 15, 2017 and is downtrending. It has underperformed by 51.49% the S&P500.

Mcf Advisors Llc increased its stake in Mgic Invt Corp Wis (MTG) by 159.53% based on its latest 2017Q4 regulatory filing with the SEC. Mcf Advisors Llc bought 68,000 shares as the company’s stock declined 11.07% with the market. The institutional investor held 110,626 shares of the property-casualty insurers company at the end of 2017Q4, valued at $1.56M, up from 42,626 at the end of the previous reported quarter. Mcf Advisors Llc who had been investing in Mgic Invt Corp Wis for a number of months, seems to be bullish on the $3.99 billion market cap company. The stock decreased 1.28% or $0.14 during the last trading session, reaching $10.77. About 3.02M shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 30.58% since April 15, 2017 and is uptrending. It has outperformed by 19.03% the S&P500.

Among 11 analysts covering Grupo Televisa SAB (NYSE:TV), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Grupo Televisa SAB had 25 analyst reports since September 4, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, May 25 by HSBC. The firm has “Overweight” rating given on Tuesday, January 12 by JP Morgan. The stock of Grupo Televisa, S.A.B. (NYSE:TV) has “Neutral” rating given on Wednesday, March 8 by Credit Suisse. HSBC downgraded the shares of TV in report on Thursday, May 12 to “Reduce” rating. The stock has “Overweight” rating by JP Morgan on Friday, December 15. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, September 27 report. The stock of Grupo Televisa, S.A.B. (NYSE:TV) has “Neutral” rating given on Friday, January 8 by Bank of America. HSBC downgraded the stock to “Hold” rating in Wednesday, September 30 report. The stock of Grupo Televisa, S.A.B. (NYSE:TV) has “Hold” rating given on Thursday, March 22 by Scotia Capital. The firm earned “Buy” rating on Tuesday, January 24 by Bank of America.

Foxhaven Asset Management Lp, which manages about $761.64M and $1.44 billion US Long portfolio, decreased its stake in Twilio Inc by 310,405 shares to 1.10 million shares, valued at $25.98M in 2017Q4, according to the filing.

Among 14 analysts covering MGIC Investment Corp. (NYSE:MTG), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. MGIC Investment Corp. had 49 analyst reports since August 12, 2015 according to SRatingsIntel. Deutsche Bank upgraded MGIC Investment Corporation (NYSE:MTG) rating on Monday, January 8. Deutsche Bank has “Buy” rating and $18.0 target. BTIG Research maintained MGIC Investment Corporation (NYSE:MTG) on Tuesday, July 18 with “Buy” rating. The stock of MGIC Investment Corporation (NYSE:MTG) has “Hold” rating given on Friday, November 3 by Deutsche Bank. Keefe Bruyette & Woods maintained MGIC Investment Corporation (NYSE:MTG) rating on Friday, January 19. Keefe Bruyette & Woods has “Buy” rating and $18.5 target. The rating was downgraded by RBC Capital Markets to “Hold” on Tuesday, April 10. The stock of MGIC Investment Corporation (NYSE:MTG) earned “Outperform” rating by FBR Capital on Wednesday, July 20. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, April 10. BTIG Research maintained the shares of MTG in report on Wednesday, October 18 with “Buy” rating. BTIG Research maintained MGIC Investment Corporation (NYSE:MTG) rating on Monday, April 9. BTIG Research has “Buy” rating and $1800 target. FBR Capital maintained MGIC Investment Corporation (NYSE:MTG) rating on Thursday, January 18. FBR Capital has “Buy” rating and $19.0 target.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.17, from 1.15 in 2017Q3. It is positive, 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. Sva Plumb Wealth Management Ltd invested in 0.03% or 16,830 shares. Morgan Stanley accumulated 3.19M shares or 0.01% of the stock. Management Ltd Liability Company holds 0.31% or 281,159 shares. Susquehanna Group Incorporated Ltd Liability Partnership has 214,293 shares for 0% of their portfolio. Parkside Bank & Trust And Trust has 662 shares for 0% of their portfolio. Gam Ag holds 0.04% or 102,042 shares in its portfolio. Peak6 Ltd Partnership owns 0% invested in MGIC Investment Corporation (NYSE:MTG) for 14,267 shares. Pacad Limited holds 60,200 shares. Highbridge Capital Mgmt Ltd reported 0.15% stake. Caprock Grp stated it has 13,600 shares or 0.04% of all its holdings. Gargoyle Investment Advisor Limited Liability Com has invested 0.15% in MGIC Investment Corporation (NYSE:MTG). 4.45 million are held by Macquarie Gp Ltd. Moreover, Tealwood Asset Management has 1.33% invested in MGIC Investment Corporation (NYSE:MTG). Highlander Mngmt Ltd Liability Com stated it has 1.17% in MGIC Investment Corporation (NYSE:MTG). First Personal Fin holds 0.01% or 3,106 shares.

MGIC Investment Corporation (NYSE:MTG) Institutional Positions Chart

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