Professional Analysts at BTIG Didn’t Change their “Buy” rating for MGIC Investment (MTG). The PT Given is $16.0; VARONIS SYSTEMS (VRNS) Has 2.76 Sentiment

November 15, 2017 - By Marguerite Chambers

Varonis Systems, Inc. provides a solutions that protect data from insider threats and cyberattacks. The company has market cap of $1.35 billion. The Company’s products include DatAdvantage, DataPrivilege, Interface Data Unit Classification Framework, Data Transport Engine, DatAnywhere and DatAnswers. It currently has negative earnings. The Company’s platform allows enterprises to analyze, secure, manage and migrate volumes of unstructured data.

Among 10 analysts covering MGIC Investment Corp. (NYSE:MTG), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. MGIC Investment Corp. has $16.0 highest and $7 lowest target. $13.18’s average target is -3.30% below currents $13.63 stock price. MGIC Investment Corp. had 31 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of MGIC Investment Corp. (NYSE:MTG) earned “Outperform” rating by FBR Capital on Wednesday, July 20. The rating was maintained by BTIG Research on Tuesday, July 18 with “Buy”. The stock of MGIC Investment Corp. (NYSE:MTG) earned “Buy” rating by Compass Point on Wednesday, August 12. Compass Point upgraded MGIC Investment Corp. (NYSE:MTG) on Wednesday, July 20 to “Buy” rating. As per Thursday, June 30, the company rating was upgraded by FBR Capital. The stock has “Overweight” rating by Barclays Capital on Thursday, October 19. The firm has “Buy” rating given on Friday, October 20 by Bank of America. BTIG Research maintained the shares of MTG in report on Wednesday, October 18 with “Buy” rating. The company was maintained on Friday, July 21 by Deutsche Bank. The rating was maintained by FBR Capital on Monday, February 13 with “Outperform”.

It closed at $13.63 lastly. It is down 60.12% since November 15, 2016 and is uptrending. It has outperformed by 43.42% the S&P500.

Analysts await MGIC Investment Corp. (NYSE:MTG) to report earnings on January, 18. They expect $0.28 EPS, 0.00% or $0.00 from last year’s $0.28 per share. MTG’s profit will be $103.74 million for 12.17 P/E if the $0.28 EPS becomes a reality. After $0.32 actual EPS reported by MGIC Investment Corp. for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

Investors sentiment decreased to 1.08 in Q2 2017. Its down 0.14, from 1.22 in 2017Q1. It dropped, as 34 investors sold MGIC Investment Corp. shares while 85 reduced holdings. 36 funds opened positions while 93 raised stakes. 321.13 million shares or 5.08% more from 305.62 million shares in 2017Q1 were reported. 4.24M are owned by Westfield Mgmt Limited Partnership. Lpl Fincl Ltd Liability Company holds 0% of its portfolio in MGIC Investment Corp. (NYSE:MTG) for 61,605 shares. Schroder Invest Management reported 646,760 shares. Florida-based Independent Portfolio Consultants has invested 0.03% in MGIC Investment Corp. (NYSE:MTG). Great West Life Assurance Can stated it has 38,821 shares. Palisade Cap Mngmt Nj owns 113,806 shares or 0.05% of their US portfolio. Brant Point Lc has invested 0.72% in MGIC Investment Corp. (NYSE:MTG). The Massachusetts-based Numeric Investors Ltd Liability has invested 0.24% in MGIC Investment Corp. (NYSE:MTG). State Common Retirement Fund holds 942,279 shares or 0.01% of its portfolio. Advsrs Cap Lc accumulated 277,266 shares or 0.25% of the stock. Citigroup has invested 0% of its portfolio in MGIC Investment Corp. (NYSE:MTG). Gam Ag holds 0.02% of its portfolio in MGIC Investment Corp. (NYSE:MTG) for 118,736 shares. Tealwood Asset has 264,250 shares for 1.11% of their portfolio. The New York-based Qs Llc has invested 0.07% in MGIC Investment Corp. (NYSE:MTG). Moreover, Lsv Asset Management has 0.25% invested in MGIC Investment Corp. (NYSE:MTG) for 12.56 million shares.

MGIC Investment Corporation is a holding company. The company has market cap of $5.05 billion. The Company, through its subsidiaries, provides private mortgage insurance and ancillary services. It has a 11.97 P/E ratio. The Firm provides mortgage insurance to lenders throughout the United States and to government-sponsored entities to protect against loss from defaults on low down payment residential mortgage loans.

Ion Asset Management Ltd. holds 12.84% of its portfolio in Varonis Systems Inc for 1.05 million shares. G2 Investment Partners Management Llc owns 290,996 shares or 4.81% of their US portfolio. Moreover, Cadian Capital Management Lp has 4.36% invested in the company for 2.40 million shares. The New York-based S Squared Technology Llc has invested 3.88% in the stock. Kingdom Ridge Capital Llc, a New York-based fund reported 427,800 shares.

It closed at $48.65 lastly. It is down 60.85% since November 15, 2016 and is uptrending. It has outperformed by 44.15% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 6 selling transactions for $718,287 activity.

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