FNB Bancorp (FNBG) At $38.49 Forms Top; Robertson Opportunity Capital Has Trimmed By $3.68 Million Its Mgic Invt Wis (MTG) Stake

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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 $1.24M value, down from 378,000 last quarter. Mgic Invt Corp Wis now has $3.91B valuation. The stock increased 1.25% or $0.13 during the last trading session, reaching $10.52. About 2.67M shares traded. MGIC Investment Corporation (NYSE:MTG) has declined 2.69% since June 2, 2017 and is downtrending. It has underperformed by 15.26% the S&P500.

FNB Bancorp (FNBG) formed multiple top with $40.41 target or 5.00% above today’s $38.49 share price. FNB Bancorp (FNBG) has $287.93M valuation. The stock increased 1.74% or $0.66 during the last trading session, reaching $38.49. About 8,773 shares traded. FNB Bancorp (NASDAQ:FNBG) has risen 38.15% since June 2, 2017 and is uptrending. It has outperformed by 25.58% the S&P500.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on July, 19. They expect $0.35 earnings per share, up 12.90% or $0.04 from last year’s $0.31 per share. MTG’s profit will be $129.99 million for 7.51 P/E if the $0.35 EPS becomes a reality. After $0.38 actual earnings per share reported by MGIC Investment Corporation for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

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. On Thursday, January 18 the stock rating was maintained by FBR Capital with “Buy”. The stock has “Buy” rating by Susquehanna on Tuesday, April 10. BTIG Research maintained MGIC Investment Corporation (NYSE:MTG) on Wednesday, December 20 with “Buy” rating. Compass Point upgraded it to “Buy” rating and $9 target in Wednesday, July 20 report. The stock of MGIC Investment Corporation (NYSE:MTG) has “Buy” rating given on Tuesday, November 14 by BTIG Research. The firm has “Market Perform” rating given on Thursday, April 19 by Wells Fargo. The stock of MGIC Investment Corporation (NYSE:MTG) has “Buy” rating given on Thursday, April 26 by BTIG Research. The firm earned “Hold” rating on Tuesday, April 10 by RBC Capital Markets. Bank of America initiated the shares of MTG in report on Monday, October 17 with “Buy” rating. The firm has “Buy” rating given on Thursday, July 20 by FBR Capital.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.44, from 1.32 in 2017Q4. It dived, 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. Macquarie Gp Limited has 4.73 million shares. Axa reported 1.42 million shares. Dimensional Fund Advisors Limited Partnership holds 2.93 million shares or 0.02% of its portfolio. Verition Fund Management Limited Liability Com stated it has 48,587 shares or 0.05% of all its holdings. Alpha Cubed Investments Lc invested 0.02% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Maryland-based Adams Diversified Equity Fund has invested 0.04% in MGIC Investment Corporation (NYSE:MTG). Permit Capital Lc reported 372,500 shares. Federated Investors Inc Pa holds 236,862 shares. Cap Ww Investors reported 13.65 million shares. Meridian Investment Counsel has invested 0.4% in MGIC Investment Corporation (NYSE:MTG). Numerixs Incorporated invested 0.08% in MGIC Investment Corporation (NYSE:MTG). Great Lakes Advisors Limited Liability reported 727,966 shares. Hillsdale Invest Mngmt holds 112,300 shares or 0.2% of its portfolio. Cipher Ltd Partnership owns 36,398 shares. 78,116 are owned by Cubist Systematic Strategies Lc.

MGIC Investment Corporation (NYSE:MTG) Institutional Positions Chart