Envestnet Asset Management Inc. Sells 24,253 Shares of Radian Group Inc. (NYSE:RDN) (2025)

Posted by Defense World Staff on Apr 22nd, 2025

Envestnet Asset Management Inc. reduced its position in Radian Group Inc. (NYSE:RDN – Free Report) by 11.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 190,627 shares of the insurance provider’s stock after selling 24,253 shares during the quarter. Envestnet Asset Management Inc. owned about 0.13% of Radian Group worth $6,047,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. lifted its position in shares of Radian Group by 7.3% during the 4th quarter. Franklin Resources Inc. now owns 92,480 shares of the insurance provider’s stock worth $2,933,000 after buying an additional 6,258 shares during the last quarter. Alliancebernstein L.P. raised its stake in Radian Group by 0.3% during the fourth quarter. Alliancebernstein L.P. now owns 199,889 shares of the insurance provider’s stock worth $6,340,000 after acquiring an additional 629 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of Radian Group by 1.2% in the fourth quarter. Schroder Investment Management Group now owns 534,940 shares of the insurance provider’s stock worth $16,974,000 after acquiring an additional 6,426 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Radian Group by 1.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 654,952 shares of the insurance provider’s stock valued at $20,775,000 after purchasing an additional 10,409 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its position in Radian Group by 27.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 23,745 shares of the insurance provider’s stock worth $753,000 after purchasing an additional 5,063 shares in the last quarter. 95.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on RDN shares. UBS Group boosted their target price on shares of Radian Group from $33.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. Keefe, Bruyette & Woods reduced their price target on Radian Group from $40.00 to $37.00 and set an “outperform” rating on the stock in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $36.20.

Check Out Our Latest Stock Analysis on RDN

Radian Group Price Performance

Shares of RDN opened at $31.00 on Tuesday. The business has a 50-day moving average of $32.16 and a 200-day moving average of $33.09. Radian Group Inc. has a 1 year low of $29.55 and a 1 year high of $37.86. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 7.89, a price-to-earnings-growth ratio of 1.73 and a beta of 0.75. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.87 and a quick ratio of 2.01.

Radian Group (NYSE:RDN – Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.17. Radian Group had a net margin of 46.85% and a return on equity of 13.96%. As a group, equities research analysts anticipate that Radian Group Inc. will post 3.79 earnings per share for the current year.

Radian Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, February 24th were issued a $0.255 dividend. This is an increase from Radian Group’s previous quarterly dividend of $0.25. This represents a $1.02 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend was Monday, February 24th. Radian Group’s payout ratio is presently 25.95%.

Insider Buying and Selling at Radian Group

In other news, Director Gregory Serio sold 4,100 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $32.65, for a total transaction of $133,865.00. Following the transaction, the director now owns 344 shares of the company’s stock, valued at $11,231.60. This represents a 92.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.16% of the company’s stock.

About Radian Group

(Free Report)

Radian Group Inc, together with its subsidiaries, engages in the mortgage and real estate services business in the United States. It operates through two segments, Mortgage Insurance and Homegenius segments. The Mortgage Insurance segment aggregates, manages, and distributes U.S. mortgage credit risk for mortgage lending institutions and mortgage credit investors, through private mortgage insurance on residential first-lien mortgage loans; and other credit risk management solutions, including contract underwriting.