Capital Returns Management Has Trimmed Its Position in Radian Group (RDN) by $4.93 Million as Share Value Declined; Lombard Odier Asset Management Usa Has Cut Its Holding in Rsp Permian (RSPP) as Share Price Declined

February 15, 2018 - By Russell Anderson

Lombard Odier Asset Management Usa Corp decreased its stake in Rsp Permian Inc (RSPP) by 5.66% based on its latest 2017Q3 regulatory filing with the SEC. Lombard Odier Asset Management Usa Corp sold 12,000 shares as the company’s stock declined 5.27% while stock markets rallied. The institutional investor held 199,849 shares of the energy company at the end of 2017Q3, valued at $6.91 million, down from 211,849 at the end of the previous reported quarter. Lombard Odier Asset Management Usa Corp who had been investing in Rsp Permian Inc for a number of months, seems to be less bullish one the $5.70 billion market cap company. The stock increased 5.08% or $1.74 during the last trading session, reaching $35.96. About 2.42 million shares traded or 19.65% up from the average. RSP Permian, Inc. (NYSE:RSPP) has risen 25.82% since February 15, 2017 and is uptrending. It has outperformed by 9.12% the S&P500.

Ron Bobman decreased its stake in Radian Group Inc (RDN) by 17.95% based on its latest 2017Q3 regulatory filing with the SEC. Capital Returns Management Llc sold 273,840 shares as the company’s stock declined 13.37% while stock markets rallied. The hedge fund run by Ron Bobman held 1.25M shares of the property-casualty insurers company at the end of 2017Q3, valued at $23.39 million, down from 1.53 million at the end of the previous reported quarter. Capital Returns Management Llc who had been investing in Radian Group Inc for a number of months, seems to be less bullish one the $4.64 billion market cap company. The stock increased 2.19% or $0.46 during the last trading session, reaching $21.51. About 2.06 million shares traded or 48.64% up from the average. Radian Group Inc. (NYSE:RDN) has risen 38.09% since February 15, 2017 and is uptrending. It has outperformed by 21.39% the S&P500.

Capital Returns Management Llc, which manages about $343.50M US Long portfolio, upped its stake in Genworth Finl Inc (NYSE:GNW) by 196,500 shares to 937,276 shares, valued at $3.61 million in 2017Q3, according to the filing. It also increased its holding in Willis Towers Watson Pub Ltd by 47,900 shares in the quarter, for a total of 154,279 shares, and has risen its stake in Federated Natl Hldg Co (NASDAQ:FNHC).

Among 13 analysts covering Radian Group (NYSE:RDN), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Radian Group had 41 analyst reports since August 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Monday, January 8. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, September 4. BTIG Research maintained Radian Group Inc. (NYSE:RDN) rating on Thursday, February 1. BTIG Research has “Buy” rating and $26.0 target. FBR Capital upgraded the shares of RDN in report on Thursday, June 30 to “Outperform” rating. The firm has “Market Perform” rating by Wells Fargo given on Friday, October 2. The firm has “Buy” rating given on Friday, October 27 by Compass Point. Bank of America initiated the stock with “Buy” rating in Monday, October 17 report. The company was maintained on Monday, August 31 by M Partners. On Thursday, January 4 the stock rating was maintained by Susquehanna with “Buy”. FBR Capital maintained Radian Group Inc. (NYSE:RDN) on Monday, November 2 with “Mkt Perform” rating.

Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.14, from 1.28 in 2017Q2. It dropped, as 21 investors sold RDN shares while 73 reduced holdings. 36 funds opened positions while 71 raised stakes. 194.98 million shares or 1.97% more from 191.21 million shares in 2017Q2 were reported. 162,895 were accumulated by Manufacturers Life Insurance The. Canada Pension Plan Board holds 0% or 126,200 shares in its portfolio. Mufg Americas Hldgs invested 0% in Radian Group Inc. (NYSE:RDN). Thompson Davis & Inc invested in 788 shares. 88,100 were reported by Strs Ohio. Fny Managed Accounts Llc has invested 0.04% in Radian Group Inc. (NYSE:RDN). 12,950 are held by Mount Vernon Associates Inc Md. D E Shaw Com stated it has 0.01% in Radian Group Inc. (NYSE:RDN). Wellington Mgmt Ltd Liability Partnership reported 464,180 shares. Legal And General Gru Public Limited has 0% invested in Radian Group Inc. (NYSE:RDN) for 117,082 shares. 2.42M are owned by Rothschild Asset Management. Moreover, Trexquant Invest Ltd Partnership has 0.07% invested in Radian Group Inc. (NYSE:RDN) for 15,758 shares. Goldman Sachs Group has 0% invested in Radian Group Inc. (NYSE:RDN). Price T Rowe Associate Md holds 0.03% in Radian Group Inc. (NYSE:RDN) or 10.03M shares. Quantum Mgmt holds 0.06% of its portfolio in Radian Group Inc. (NYSE:RDN) for 14,391 shares.

Analysts await RSP Permian, Inc. (NYSE:RSPP) to report earnings on February, 26. They expect $0.28 EPS, up 180.00% or $0.18 from last year’s $0.1 per share. RSPP’s profit will be $44.41M for 32.11 P/E if the $0.28 EPS becomes a reality. After $0.18 actual EPS reported by RSP Permian, Inc. for the previous quarter, Wall Street now forecasts 55.56% EPS growth.

Lombard Odier Asset Management Usa Corp, which manages about $3.79 billion and $1.41 billion US Long portfolio, upped its stake in Wyndham Worldwide Corp (NYSE:WYN) by 75,000 shares to 175,000 shares, valued at $18.45 million in 2017Q3, according to the filing. It also increased its holding in Lululemon Athletica Inc (NASDAQ:LULU) by 41,021 shares in the quarter, for a total of 131,387 shares, and has risen its stake in Ak Stl Corp (Prn).

Since August 17, 2017, it had 0 insider purchases, and 7 insider sales for $8.47 million activity. Mutrie James E. sold 12,447 shares worth $391,707. McNeill Scott K. sold $926,250 worth of stock. On Wednesday, January 3 the insider Collins Ted Jr sold $1.74 million. Arrott Zane W. sold $1.47M worth of RSP Permian, Inc. (NYSE:RSPP) on Thursday, August 17.

Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.39, from 1.67 in 2017Q2. It worsened, as 35 investors sold RSPP shares while 59 reduced holdings. 36 funds opened positions while 84 raised stakes. 133.37 million shares or 0.04% less from 133.41 million shares in 2017Q2 were reported. Tudor Et Al invested in 26,504 shares or 0.02% of the stock. Envestnet Asset owns 25,261 shares. Cipher Cap Limited Partnership invested 0.28% of its portfolio in RSP Permian, Inc. (NYSE:RSPP). Westfield Cap Mngmt LP holds 665,200 shares. Bbt Mngmt Limited Liability Company has invested 0.16% in RSP Permian, Inc. (NYSE:RSPP). Pointstate Capital Lp has invested 0.42% in RSP Permian, Inc. (NYSE:RSPP). Lyon Street Cap Ltd Com holds 1.45% or 108,693 shares in its portfolio. Wellington Grp Limited Liability Partnership accumulated 921,440 shares. Castleark Mngmt Ltd holds 120,650 shares or 0.13% of its portfolio. Northern Corporation, a Illinois-based fund reported 1.05 million shares. Lombard Odier Asset Management (Usa) owns 199,849 shares for 0.49% of their portfolio. Moreover, Hsbc Holdg Public Ltd Company has 0% invested in RSP Permian, Inc. (NYSE:RSPP) for 17,723 shares. Citadel has 0.08% invested in RSP Permian, Inc. (NYSE:RSPP) for 2.93M shares. 352,305 were reported by Cushing Asset Management Lp. First Mercantile holds 0.04% or 6,961 shares.

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