Hsbc Holdings PLC Has $6.09 Million Holdings in MGIC Investment Corporation $MTG

09 Jul 2026, 09:21 by Kim Johansen · The Markets Daily

Hsbc Holdings PLC grew its position in MGIC Investment Corporation (NYSE:MTG – Free Report) by 24.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 207,412 shares of the insurance provider’s stock after acquiring an additional 40,751 shares during the quarter. Hsbc Holdings PLC’s holdings in MGIC Investment were worth $6,089,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in MGIC Investment during the fourth quarter valued at approximately $96,248,000. AQR Capital Management LLC lifted its stake in MGIC Investment by 92.4% in the second quarter. AQR Capital Management LLC now owns 6,333,091 shares of the insurance provider’s stock valued at $176,313,000 after acquiring an additional 3,041,446 shares during the last quarter. Arbejdsmarkedets Tillaegspension bought a new stake in MGIC Investment in the fourth quarter worth approximately $24,456,000. Jane Street Group LLC grew its position in MGIC Investment by 71.2% in the fourth quarter. Jane Street Group LLC now owns 1,739,877 shares of the insurance provider’s stock worth $50,839,000 after acquiring an additional 723,480 shares in the last quarter. Finally, Caisse de depot et placement du Quebec increased its stake in shares of MGIC Investment by 20.4% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 3,943,965 shares of the insurance provider’s stock worth $111,890,000 after purchasing an additional 667,876 shares during the last quarter. 95.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on MTG shares. Weiss Ratings upgraded shares of MGIC Investment from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday. Barclays lowered their target price on shares of MGIC Investment from $29.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. UBS Group cut their target price on MGIC Investment from $29.50 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, March 12th. Royal Bank Of Canada started coverage on MGIC Investment in a research report on Friday, May 22nd. They issued a “sector perform” rating and a $28.00 price target for the company. Finally, Keefe, Bruyette & Woods upped their price target on MGIC Investment from $28.00 to $29.00 and gave the stock a “market perform” rating in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $28.25.

Check Out Our Latest Stock Report on MTG

MGIC Investment Trading Down 0.1%

NYSE:MTG opened at $28.16 on Thursday. The company’s 50 day moving average is $26.49 and its 200-day moving average is $26.96. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.13. MGIC Investment Corporation has a 12 month low of $24.69 and a 12 month high of $29.97. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 8.94, a P/E/G ratio of 1.94 and a beta of 0.67.

MGIC Investment (NYSE:MTG – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.03. MGIC Investment had a net margin of 59.63% and a return on equity of 14.01%. The business had revenue of $297.08 million during the quarter, compared to the consensus estimate of $303.12 million. During the same period in the prior year, the firm earned $0.75 EPS. MGIC Investment’s quarterly revenue was down 3.0% compared to the same quarter last year. Equities analysts anticipate that MGIC Investment Corporation will post 3.05 EPS for the current year.

MGIC Investment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 6th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, May 6th. MGIC Investment’s dividend payout ratio is 19.05%.

MGIC Investment announced that its Board of Directors has initiated a stock repurchase program on Thursday, April 23rd that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the insurance provider to buy up to 12.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Activity

In related news, EVP Paula C. Maggio sold 20,937 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $25.55, for a total transaction of $534,940.35. Following the completion of the sale, the executive vice president owned 169,620 shares in the company, valued at $4,333,791. This represents a 10.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Salvatore A. Miosi sold 30,000 shares of the firm’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 value of $761,400.00. Following the completion of the sale, the chief operating officer directly owned 560,951 shares in the company, valued at $14,236,936.38. This trade represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.34% of the company’s stock.

MGIC Investment Company 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.