Capstone Investment Advisors LLC Takes $737,000 Position in MGIC Investment Corporation $MTG

Posted by Francis Steltz on Aug 29th, 2026

Capstone Investment Advisors LLC bought a new position in MGIC Investment Corporation (NYSE:MTG – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 26,146 shares of the insurance provider’s stock, valued at approximately $737,000.

A number of other hedge funds have also made changes to their positions in the company. Redwood Investment Management LLC acquired a new position in MGIC Investment in the second quarter valued at about $2,231,000. Proficio Capital Partners LLC bought a new stake in MGIC Investment during the second quarter worth about $435,000. Corient Private Wealth LP acquired a new stake in shares of MGIC Investment during the second quarter worth approximately $9,813,000. Bank of America Corp DE acquired a new stake in shares of MGIC Investment during the second quarter worth approximately $44,658,000. Finally, Freestone Grove Partners LP bought a new position in shares of MGIC Investment in the second quarter valued at approximately $1,702,000. Institutional investors and hedge funds own 95.58% of the company’s stock.

MGIC Investment Stock Performance

Shares of MGIC Investment stock opened at $31.08 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a 50 day simple moving average of $29.51 and a 200 day simple moving average of $27.55. MGIC Investment Corporation has a fifty-two week low of $24.69 and a fifty-two week high of $31.89. The firm has a market cap of $6.38 billion, a P/E ratio of 9.71, a P/E/G ratio of 0.79 and a beta of 0.66.

MGIC Investment (NYSE:MTG – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The insurance provider reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.11. The firm had revenue of $295.39 million for the quarter, compared to analyst estimates of $297.54 million. MGIC Investment had a return on equity of 13.90% and a net margin of 59.20%.The business’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.82 EPS. Sell-side analysts predict that MGIC Investment Corporation will post 3.24 earnings per share for the current fiscal year.

MGIC Investment Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Wednesday, August 5th were given a $0.17 dividend. The ex-dividend date was Wednesday, August 5th. This is a positive change from MGIC Investment’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 2.2%. MGIC Investment’s dividend payout ratio is 21.25%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on MTG shares. Keefe, Bruyette & Woods boosted their target price on MGIC Investment from $29.00 to $30.00 and gave the stock a “market perform” rating in a report on Friday, July 31st. Barclays cut their price objective on MGIC Investment from $29.00 to $28.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st. Weiss Ratings raised MGIC Investment from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, August 19th. Roth Capital restated a “buy” rating and set a $35.00 target price on shares of MGIC Investment in a report on Thursday, July 30th. Finally, Royal Bank Of Canada raised their target price on MGIC Investment from $28.00 to $32.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, MGIC Investment has an average rating of “Moderate Buy” and a consensus price target of $30.60.

Read Our Latest Research Report on MTG

Insider Activity

In related news, COO Salvatore A. Miosi sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $25.38, for a total transaction of $761,400.00. Following the completion of the sale, the chief operating officer directly owned 560,951 shares of the company’s stock, valued at $14,236,936.38. The trade was a 5.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paula C. Maggio sold 20,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $30.30, for a total transaction of $606,000.00. Following the completion of the transaction, the executive vice president owned 149,620 shares in the company, valued at $4,533,486. This represents a 11.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.34% of the company’s stock.

MGIC Investment Profile

(Free Report)

MGIC Investment Corporation (NYSE: MTG) is a leading provider of private mortgage insurance in the United States. Established in 1957 as the nation’s first private mortgage insurer, MGIC helps lenders manage credit risk and facilitates homeownership by protecting mortgage loans against default. Headquartered in Milwaukee, Wisconsin, the company operates through its principal subsidiary, Mortgage Guaranty Insurance Corporation, and maintains relationships with a broad network of originators and servicers nationwide.

The company’s primary business activity involves issuing mortgage insurance policies that enable borrowers to purchase homes with down payments below traditional lending thresholds.