Essent Group Ltd. (NYSE:ESNT) SVP Mary Lourdes Gibbons sold 5,209 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $45.02, for a total transaction of $234,509.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Mary Lourdes Gibbons also recently made the following trade(s):

  • On Monday, October 16th, Mary Lourdes Gibbons sold 4,836 shares of Essent Group stock. The shares were sold at an average price of $42.04, for a total transaction of $203,305.44.
  • On Monday, August 7th, Mary Lourdes Gibbons sold 4,600 shares of Essent Group stock. The shares were sold at an average price of $41.04, for a total transaction of $188,784.00.
  • On Friday, August 4th, Mary Lourdes Gibbons sold 4,600 shares of Essent Group stock. The shares were sold at an average price of $40.01, for a total transaction of $184,046.00.

Shares of Essent Group Ltd. (NYSE ESNT) traded up 1.09% during midday trading on Tuesday, hitting $43.70. 723,371 shares of the company traded hands. Essent Group Ltd. has a 52 week low of $25.84 and a 52 week high of $45.10. The stock has a market capitalization of $4.08 billion, a P/E ratio of 15.55 and a beta of 1.14. The company has a 50-day moving average price of $40.08 and a 200-day moving average price of $38.19.

Essent Group (NYSE:ESNT) last posted its quarterly earnings data on Friday, August 4th. The financial services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm had revenue of $137.61 million during the quarter, compared to analyst estimates of $131.99 million. Essent Group had a net margin of 50.92% and a return on equity of 18.77%. Essent Group’s revenue was up 27.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 EPS. Analysts anticipate that Essent Group Ltd. will post $3.04 earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sei Investments Co. increased its stake in Essent Group by 2.6% during the 1st quarter. Sei Investments Co. now owns 2,909 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 74 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Essent Group by 10.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,145 shares of the financial services provider’s stock valued at $117,000 after purchasing an additional 288 shares in the last quarter. Dixon Hubard Feinour & Brown Inc. VA acquired a new position in Essent Group during the 2nd quarter valued at approximately $201,000. Campbell & CO Investment Adviser LLC acquired a new position in Essent Group during the 2nd quarter valued at approximately $206,000. Finally, Teacher Retirement System of Texas acquired a new position in Essent Group during the 2nd quarter valued at approximately $208,000. Hedge funds and other institutional investors own 81.02% of the company’s stock.

Several equities research analysts recently weighed in on ESNT shares. Zacks Investment Research raised shares of Essent Group from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research report on Monday, July 10th. BidaskClub downgraded shares of Essent Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Keefe, Bruyette & Woods set a $43.00 price target on shares of Essent Group and gave the company a “hold” rating in a research report on Monday, August 7th. Barclays PLC raised their price target on shares of Essent Group from $43.00 to $45.00 and gave the company an “overweight” rating in a research report on Monday, August 7th. Finally, Deutsche Bank AG raised their price target on shares of Essent Group from $42.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday, August 8th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $44.75.

About Essent Group

Essent Group Ltd. is a private mortgage insurance company. The Company is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its products and services include mortgage insurance, contract underwriting, and Bermuda-based insurance and reinsurance.

Insider Buying and Selling by Quarter for Essent Group (NYSE:ESNT)

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