Mcf Advisors Holding in Mgic Invt Wis (MTG) Has Increased by $952,000; As Gilead Sciences (GILD) Market Valuation Rose, American Money Management Upped by $2.98 Million Its Position

April 25, 2018 - By Richard Conner

MGIC Investment Corporation (NYSE:MTG) Logo

American Money Management Llc increased its stake in Gilead Sciences Inc (GILD) by 223.08% based on its latest 2017Q4 regulatory filing with the SEC. American Money Management Llc bought 41,972 shares as the company’s stock rose 1.93% while stock markets declined. The institutional investor held 60,787 shares of the health care company at the end of 2017Q4, valued at $4.36 million, up from 18,815 at the end of the previous reported quarter. American Money Management Llc who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $94.82B market cap company. The stock decreased 1.74% or $1.29 during the last trading session, reaching $72.72. About 4.59M shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has risen 9.79% since April 25, 2017 and is uptrending. It has underperformed by 1.76% the S&P500.

Mcf Advisors Llc increased its stake in Mgic Invt Corp Wis (MTG) by 159.53% based on its latest 2017Q4 regulatory filing with the SEC. Mcf Advisors Llc bought 68,000 shares as the company’s stock declined 11.07% with the market. The institutional investor held 110,626 shares of the property-casualty insurers company at the end of 2017Q4, valued at $1.56 million, up from 42,626 at the end of the previous reported quarter. Mcf Advisors Llc who had been investing in Mgic Invt Corp Wis for a number of months, seems to be bullish on the $3.89 billion market cap company. The stock increased 1.45% or $0.15 during the last trading session, reaching $10.47. About 4.95M shares traded or 8.27% up from the average. MGIC Investment Corporation (NYSE:MTG) has risen 30.58% since April 25, 2017 and is uptrending. It has outperformed by 19.03% the S&P500.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.17, from 1.15 in 2017Q3. It improved, as 14 investors sold MTG shares while 99 reduced holdings. 53 funds opened positions while 96 raised stakes. 335.64 million shares or 0.76% more from 333.10 million shares in 2017Q3 were reported. Ifc Fl has 0.22% invested in MGIC Investment Corporation (NYSE:MTG). Northern Tru has invested 0.02% in MGIC Investment Corporation (NYSE:MTG). Vaughan Nelson Investment Limited Partnership invested in 3.20M shares or 0.52% of the stock. Morgan Stanley reported 0.01% in MGIC Investment Corporation (NYSE:MTG). Great Lakes Advsrs Ltd Limited Liability Company reported 0.16% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Invesco Limited holds 0.02% or 4.89M shares. Hbk LP stated it has 0.03% in MGIC Investment Corporation (NYSE:MTG). Highlander Capital Management has invested 1.17% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Tiaa Cref Investment Limited Liability Com holds 0.01% or 1.32M shares in its portfolio. Amer Interest Gru Incorporated has 0.01% invested in MGIC Investment Corporation (NYSE:MTG) for 249,548 shares. Profund Advisors Ltd accumulated 17,913 shares. Ngam Ltd Partnership holds 0.04% in MGIC Investment Corporation (NYSE:MTG) or 269,830 shares. Capstone Inv Advsrs Limited Co reported 19,600 shares. Illinois-based Rmb Cap Mngmt Ltd has invested 0.01% in MGIC Investment Corporation (NYSE:MTG). Citadel Advsr holds 0% or 220,671 shares in its portfolio.

Among 14 analysts covering MGIC Investment Corp. (NYSE:MTG), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. MGIC Investment Corp. had 53 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, October 12 by Keefe Bruyette & Woods. The stock of MGIC Investment Corporation (NYSE:MTG) has “Buy” rating given on Thursday, January 4 by Susquehanna. The stock of MGIC Investment Corporation (NYSE:MTG) earned “Hold” rating by Deutsche Bank on Friday, November 3. RBC Capital Markets maintained MGIC Investment Corporation (NYSE:MTG) on Thursday, January 18 with “Buy” rating. Barclays Capital maintained MGIC Investment Corporation (NYSE:MTG) rating on Wednesday, April 11. Barclays Capital has “Overweight” rating and $16 target. The firm earned “Buy” rating on Monday, April 9 by BTIG Research. Deutsche Bank upgraded MGIC Investment Corporation (NYSE:MTG) rating on Monday, December 12. Deutsche Bank has “Buy” rating and $12 target. FBR Capital maintained the stock with “Outperform” rating in Monday, February 13 report. As per Thursday, July 20, the company rating was maintained by FBR Capital. Deutsche Bank upgraded the shares of MTG in report on Monday, January 8 to “Buy” rating.

Since January 2, 2018, it had 0 insider buys, and 18 selling transactions for $39.95 million activity. The insider Cogan John Francis sold $440,741. 60,000 shares valued at $4.68 million were sold by WILSON GAYLE E on Friday, February 9. MARTIN JOHN C sold 50,000 shares worth $4.18M. Another trade for 100,000 shares valued at $8.02M was made by Meyers James R on Tuesday, January 16. Washington Robin L sold 5,000 shares worth $401,566.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.23, from 1.03 in 2017Q3. It worsened, as 95 investors sold GILD shares while 545 reduced holdings. 104 funds opened positions while 411 raised stakes. 972.68 million shares or 1.57% more from 957.62 million shares in 2017Q3 were reported. Private Cap Advisors owns 0.18% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 7,125 shares. Denali Lc reported 141,303 shares. Mu Invs Ltd holds 0.03% or 620 shares in its portfolio. Magnetar Limited Company has invested 0.05% in Gilead Sciences, Inc. (NASDAQ:GILD). Savant holds 0.09% or 6,097 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Corp accumulated 233,483 shares. Empirical Financial Ser Limited Liability reported 4,248 shares. Ls Investment Advsr Lc accumulated 136,284 shares. 17,594 were reported by Brave Asset Management. Hays Advisory Limited Liability Com has 29,230 shares. Moreover, Meyer Handelman has 0.99% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Cornerstone Advsrs Inc reported 5,164 shares stake. Voya Llc has invested 0.53% in Gilead Sciences, Inc. (NASDAQ:GILD). Cognios Ltd reported 26,195 shares. Sun Life Fincl reported 5,856 shares.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 21 have Buy rating, 0 Sell and 9 Hold. Therefore 70% are positive. Gilead Sciences had 126 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Friday, October 2 by Morgan Stanley. Leerink Swann maintained the stock with “Market Perform” rating in Thursday, October 5 report. Oppenheimer initiated the shares of GILD in report on Wednesday, October 4 with “Hold” rating. The stock of Gilead Sciences, Inc. (NASDAQ:GILD) earned “Buy” rating by Berenberg on Thursday, September 22. The rating was maintained by BMO Capital Markets on Tuesday, January 2 with “Hold”. As per Wednesday, October 4, the company rating was maintained by Jefferies. The stock has “Outperform” rating by BMO Capital Markets on Friday, October 27. Oppenheimer initiated it with “Outperform” rating and $120 target in Thursday, February 11 report. Robert W. Baird maintained it with “Buy” rating and $87.0 target in Friday, September 15 report. Needham maintained Gilead Sciences, Inc. (NASDAQ:GILD) on Tuesday, October 3 with “Hold” rating.

MGIC Investment Corporation (NYSE:MTG) Institutional Positions Chart

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