ACT stock icon

Enact Holdings
ACT

$31.61
0.99%
 

About: Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers they will use for the placement of mortgage insurance written on loans they originate. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance.

Employees: 465

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

310% more call options, than puts

Call options by funds: $127K | Put options by funds: $31K

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]

37% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 54

5% more capital invested

Capital invested by funds: $828M [Q4 2023] → $873M (+$44.6M) [Q1 2024]

0% more funds holding

Funds holding: 166 [Q4 2023] → 166 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

0.33% less ownership

Funds ownership: 17.96% [Q4 2023] → 17.62% (-0.33%) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$31
2%
downside
Avg. target
$34
7%
upside
High target
$37
17%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
UBS
Douglas Harter
4%upside
$33
Neutral
Maintained
22 May 2024
Keefe, Bruyette & Woods
Bose George
17%upside
$37
Outperform
Maintained
4 Apr 2024
JP Morgan
Richard Shane
2%downside
$31
Neutral
Maintained
3 Apr 2024

Financial journalist opinion

Based on 4 articles about ACT published over the past 30 days