Cwm LLC Has $1.22 Million Stake in NMI Holdings Inc $NMIH

Cwm LLC boosted its holdings in NMI Holdings Inc (NASDAQ:NMIH) by 87.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,926 shares of the financial services provider’s stock after purchasing an additional 14,916 shares during the period. Cwm LLC’s holdings in NMI were worth $1,224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NMIH. PNC Financial Services Group Inc. boosted its stake in shares of NMI by 4.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,661 shares of the financial services provider’s stock worth $281,000 after buying an additional 264 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in NMI by 51.5% during the third quarter. Harbor Capital Advisors Inc. now owns 856 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 291 shares in the last quarter. California State Teachers Retirement System boosted its position in NMI by 0.5% during the second quarter. California State Teachers Retirement System now owns 70,112 shares of the financial services provider’s stock valued at $2,958,000 after purchasing an additional 328 shares during the last quarter. Financial Strategies Group Inc. grew its stake in NMI by 1.7% in the second quarter. Financial Strategies Group Inc. now owns 20,383 shares of the financial services provider’s stock valued at $860,000 after purchasing an additional 347 shares in the last quarter. Finally, Diversified Trust Co increased its position in shares of NMI by 1.1% during the 2nd quarter. Diversified Trust Co now owns 33,118 shares of the financial services provider’s stock worth $1,397,000 after purchasing an additional 349 shares during the last quarter. 94.12% of the stock is owned by institutional investors.

NMI Stock Performance

NASDAQ NMIH opened at $41.21 on Tuesday. NMI Holdings Inc has a 52-week low of $31.90 and a 52-week high of $43.20. The stock has a market cap of $3.17 billion, a PE ratio of 8.62, a P/E/G ratio of 1.22 and a beta of 0.66. The firm has a 50-day moving average of $38.64 and a 200-day moving average of $38.74. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.86 and a current ratio of 0.86.

NMI (NASDAQ:NMIH) last issued its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.21. NMI had a net margin of 55.02% and a return on equity of 16.08%. The firm had revenue of $171.56 million during the quarter, compared to the consensus estimate of $177.01 million. During the same period last year, the business posted $1.15 earnings per share. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, sell-side analysts anticipate that NMI Holdings Inc will post 4.62 EPS for the current year.

Insiders Place Their Bets

In related news, Director Michael J. Embler sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $36.90, for a total value of $738,000.00. Following the completion of the sale, the director directly owned 46,046 shares in the company, valued at $1,699,097.40. The trade was a 30.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on NMIH shares. Barclays reissued a “cautious” rating on shares of NMI in a report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NMI in a research report on Wednesday, October 8th. JPMorgan Chase & Co. decreased their price objective on shares of NMI from $43.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, November 5th. Finally, Keefe, Bruyette & Woods upgraded shares of NMI from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $46.00 to $48.00 in a research note on Thursday, December 18th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.20.

About NMI

NMI Holdings, Inc (NASDAQ: NMIH) is a publicly traded mortgage insurance company that provides private mortgage insurance to lenders across the United States and Canada. Through its principal subsidiary, National Mortgage Insurance Corporation, NMI underwrites and issues policies that protect originators and investors against losses arising from borrower default on residential mortgage loans. By mitigating credit risk on higher‐loan‐to‐value mortgages, the company supports homebuyers’ access to financing and contributes to overall market liquidity.

Beyond its core mortgage insurance products, NMI offers credit risk‐sharing and reinsurance solutions designed to help clients optimize capital utilization and manage portfolio exposure.