Point72 Asset Management LP Has Increased Mgic Invt Corp Wis (MTG) Holding

MGIC Investment Corporation (NYSE:MTG) LogoInvestors sentiment increased to 1.42 in 2019 Q2. Its up 0.51, from 0.91 in 2019Q1. It improved, as 18 investors sold MTG shares while 78 reduced holdings. 49 funds opened positions while 87 raised stakes. 300.59 million shares or 1.27% less from 304.47 million shares in 2019Q1 were reported. The New York-based Goldman Sachs Gp has invested 0.03% in MGIC Investment Corporation (NYSE:MTG). Clearbridge Invs Lc invested in 0.06% or 5.39M shares. Sei Investments reported 144,278 shares. Art Advsr Ltd Limited Liability Company invested in 57,208 shares. Two Sigma Ltd Com has 0% invested in MGIC Investment Corporation (NYSE:MTG). Convergence Inv Ptnrs Limited Liability Corp holds 0.26% or 81,576 shares. Captrust Financial holds 0% of its portfolio in MGIC Investment Corporation (NYSE:MTG) for 2,237 shares. 2.28 million are owned by Arrowstreet Cap Partnership. Intl Group Incorporated owns 147,129 shares for 0.01% of their portfolio. Heartland Advisors invested in 1.54% or 1.60 million shares. 26,194 are owned by Jefferies Gp Ltd Liability Com. Quantbot Tech Ltd Partnership stated it has 0.07% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Royal Bank & Trust Of Canada invested in 89,616 shares. Oarsman invested 1.88% of its portfolio in MGIC Investment Corporation (NYSE:MTG). The Massachusetts-based Martingale Asset Management Ltd Partnership has invested 0.06% in MGIC Investment Corporation (NYSE:MTG).

Since August 5, 2019, it had 1 insider purchase, and 0 sales for $61,450 activity.

Point72 Asset Management Lp increased its stake in Mgic Invt Corp Wis (MTG) by 47.21% based on its latest 2019Q2 regulatory filing with the SEC. Point72 Asset Management Lp bought 1.95M shares as the company’s stock declined 11.81% . The hedge fund held 6.09M shares of the property-casualty insurers company at the end of 2019Q2, valued at $80.08M, up from 4.14 million at the end of the previous reported quarter. Point72 Asset Management Lp who had been investing in Mgic Invt Corp Wis for a number of months, seems to be bullish on the $4.57 billion market cap company. The stock decreased 1.78% or $0.23 during the last trading session, reaching $12.72. About 4.99M shares traded or 11.71% up from the average. MGIC Investment Corporation (NYSE:MTG) has risen 3.30% since September 13, 2018 and is uptrending. It has outperformed by 3.30% the S&P500.

Point72 Asset Management Lp, which manages about $19.11 billion US Long portfolio, decreased its stake in Tallgrass Energy Lp by 146,222 shares to 46,477 shares, valued at $981,000 in 2019Q2, according to the filing. It also reduced its holding in Bgc Partners Inc (NASDAQ:BGCP) by 2.35 million shares in the quarter, leaving it with 10.95M shares, and cut its stake in Ametek Inc New (NYSE:AME).

More notable recent MGIC Investment Corporation (NYSE:MTG) news were published by: Nasdaq.com which released: “Financial Sector Update for 09/10/2019: GCAP,HLNE,STC,MTG – Nasdaq” on September 10, 2019, also Seekingalpha.com with their article: “MGIC’s Q2 Is Excellent. The Stock Remains Cheap, Even To Liquidation Value – Seeking Alpha” published on July 24, 2019, Nasdaq.com published: “Financial Sector Update for 09/10/2019: HLNE,STC,MTG – Nasdaq” on September 10, 2019. More interesting news about MGIC Investment Corporation (NYSE:MTG) were released by: Seekingalpha.com and their article: “MGIC Investment CFO to be next CEO – Seeking Alpha” published on July 25, 2019 as well as Seekingalpha.com‘s news article titled: “MGIC Investment August insurance in force rises 6.2% Y/Y – Seeking Alpha” with publication date: September 10, 2019.

MGIC Investment Corporation (NYSE:MTG) Institutional Positions Chart

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