Tealwood Asset Management Inc. Purchases 376 Shares of NMI Holdings, Inc. (NASDAQ:NMIH)

Tealwood Asset Management Inc. lifted its position in shares of NMI Holdings, Inc. (NASDAQ:NMIH) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,192 shares of the financial services provider’s stock after buying an additional 376 shares during the quarter. Tealwood Asset Management Inc.’s holdings in NMI were worth $1,183,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Jane Street Group LLC grew its holdings in NMI by 64.2% during the 3rd quarter. Jane Street Group LLC now owns 139,173 shares of the financial services provider’s stock worth $5,733,000 after acquiring an additional 54,391 shares during the period. Algert Global LLC grew its stake in NMI by 88.9% during the third quarter. Algert Global LLC now owns 142,141 shares of the financial services provider’s stock worth $5,855,000 after purchasing an additional 66,880 shares during the period. JPMorgan Chase & Co. increased its holdings in NMI by 3.3% in the third quarter. JPMorgan Chase & Co. now owns 775,804 shares of the financial services provider’s stock worth $31,955,000 after purchasing an additional 24,838 shares in the last quarter. Edgestream Partners L.P. lifted its stake in NMI by 13.1% in the second quarter. Edgestream Partners L.P. now owns 172,794 shares of the financial services provider’s stock valued at $5,882,000 after buying an additional 20,048 shares during the period. Finally, Citigroup Inc. boosted its holdings in shares of NMI by 95.4% during the 3rd quarter. Citigroup Inc. now owns 129,180 shares of the financial services provider’s stock worth $5,321,000 after buying an additional 63,058 shares in the last quarter. Institutional investors own 94.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of NMI from $46.00 to $41.00 and set an “overweight” rating for the company in a research note on Monday, December 9th. Royal Bank of Canada decreased their price target on shares of NMI from $48.00 to $47.00 and set an “outperform” rating for the company in a research note on Thursday, November 7th. Barclays cut shares of NMI from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $48.00 to $41.00 in a research report on Monday, January 6th. Finally, Keefe, Bruyette & Woods decreased their target price on NMI from $44.00 to $43.00 and set a “market perform” rating for the company in a research report on Wednesday, January 8th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.00.

NMI Trading Up 0.8 %

NMIH opened at $35.15 on Tuesday. The firm has a market capitalization of $2.78 billion, a PE ratio of 8.04, a P/E/G ratio of 0.92 and a beta of 1.12. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.83 and a quick ratio of 0.83. NMI Holdings, Inc. has a fifty-two week low of $28.73 and a fifty-two week high of $42.49. The company’s 50-day moving average is $37.73 and its 200 day moving average is $38.48.

NMI Company Profile

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.