NMI Holdings Inc $NMIH Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP grew its position in NMI Holdings Inc (NASDAQ:NMIH) by 23.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,511 shares of the financial services provider’s stock after acquiring an additional 13,971 shares during the quarter. NMI comprises approximately 0.3% of GSA Capital Partners LLP’s portfolio, making the stock its 24th biggest position. GSA Capital Partners LLP’s holdings in NMI were worth $2,958,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Public Sector Pension Investment Board boosted its holdings in shares of NMI by 5.4% in the third quarter. Public Sector Pension Investment Board now owns 597,447 shares of the financial services provider’s stock valued at $22,906,000 after acquiring an additional 30,341 shares during the period. Tudor Investment Corp ET AL boosted its holdings in shares of NMI by 62.6% in the third quarter. Tudor Investment Corp ET AL now owns 368,840 shares of the financial services provider’s stock valued at $14,141,000 after acquiring an additional 142,065 shares during the period. Y Intercept Hong Kong Ltd boosted its holdings in shares of NMI by 219.9% in the third quarter. Y Intercept Hong Kong Ltd now owns 86,824 shares of the financial services provider’s stock valued at $3,329,000 after acquiring an additional 59,682 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of NMI by 0.7% in the third quarter. Dimensional Fund Advisors LP now owns 4,288,867 shares of the financial services provider’s stock valued at $164,437,000 after acquiring an additional 31,570 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in shares of NMI by 22.9% in the fourth quarter. Teacher Retirement System of Texas now owns 187,189 shares of the financial services provider’s stock valued at $7,635,000 after acquiring an additional 34,907 shares during the period. 94.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NMIH has been the subject of several research analyst reports. JPMorgan Chase & Co. decreased their price objective on NMI from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Weiss Ratings restated a “buy (b)” rating on shares of NMI in a research note on Thursday, January 22nd. Keefe, Bruyette & Woods cut their price target on NMI from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Finally, Barclays cut their price target on NMI from $44.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, NMI currently has a consensus rating of “Moderate Buy” and an average target price of $42.40.

NMI Price Performance

NMI stock opened at $38.56 on Tuesday. NMI Holdings Inc has a 12 month low of $34.84 and a 12 month high of $43.20. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.63 and a quick ratio of 0.63. The business has a 50 day simple moving average of $38.38 and a 200-day simple moving average of $38.73. The stock has a market capitalization of $2.93 billion, a PE ratio of 7.85, a price-to-earnings-growth ratio of 1.16 and a beta of 0.59.

NMI (NASDAQ:NMIH) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. The business had revenue of $183.48 million during the quarter, compared to analysts’ expectations of $153.99 million. NMI had a return on equity of 15.18% and a net margin of 53.82%.The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.28 earnings per share. Equities analysts predict that NMI Holdings Inc will post 5.15 earnings per share for the current year.

Insider Transactions at NMI

In other NMI news, Chairman Bradley M. Shuster sold 55,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $39.63, for a total value of $2,179,650.00. Following the completion of the transaction, the chairman owned 415,411 shares in the company, valued at approximately $16,462,737.93. This represents a 11.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 150,912 shares of company stock valued at $5,820,856 in the last three months. Corporate insiders own 2.44% of the company’s stock.

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.