Isthmus Partners LLC Has $906,000 Stock Holdings in NMI Holdings, Inc. (NASDAQ:NMIH)

Isthmus Partners LLC lessened its position in shares of NMI Holdings, Inc. (NASDAQ:NMIH) by 8.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,000 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Isthmus Partners LLC’s holdings in NMI were worth $906,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of NMI by 57.2% during the third quarter. GAMMA Investing LLC now owns 728 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 265 shares during the period. Opal Wealth Advisors LLC acquired a new position in NMI in the second quarter valued at about $29,000. Quarry LP lifted its stake in NMI by 135.1% in the second quarter. Quarry LP now owns 858 shares of the financial services provider’s stock valued at $29,000 after buying an additional 493 shares during the period. USA Financial Formulas acquired a new position in NMI in the third quarter valued at about $57,000. Finally, Picton Mahoney Asset Management acquired a new position in NMI in the second quarter valued at about $63,000. Institutional investors and hedge funds own 94.12% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on NMIH shares. Barclays increased their target price on NMI from $43.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Royal Bank of Canada cut their target price on NMI from $48.00 to $47.00 and set an “outperform” rating on the stock in a research note on Thursday, November 7th. StockNews.com lowered NMI from a “buy” rating to a “hold” rating in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. increased their target price on NMI from $42.00 to $46.00 and gave the company an “overweight” rating in a research note on Monday, October 7th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, NMI has an average rating of “Moderate Buy” and an average target price of $43.29.

NMI Stock Down 0.1 %

Shares of NMI stock opened at $39.99 on Friday. NMI Holdings, Inc. has a 1 year low of $27.25 and a 1 year high of $42.49. The business has a 50-day moving average of $39.55 and a two-hundred day moving average of $37.47. The company has a market capitalization of $3.16 billion, a P/E ratio of 9.15, a price-to-earnings-growth ratio of 0.98 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.83 and a quick ratio of 0.83.

About NMI

NMI Holdings, Inc provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.