Enact Holdings
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
94% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 18
37% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 54
10% more funds holding
Funds holding: 166 [Q1] → 183 (+17) [Q2]
0.22% more ownership
Funds ownership: 17.75% [Q1] → 17.97% (+0.22%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
2% less capital invested
Capital invested by funds: $879M [Q1] → $865M (-$14.1M) [Q2]
78% less call options, than puts
Call options by funds: $76K | Put options by funds: $346K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Richard Shane 78% 1-year accuracy 29 / 37 met price target | 6%upside $38 | Neutral Maintained | 7 Oct 2024 |
BTIG Ryan Gilbert 100% 1-year accuracy 3 / 3 met price target | 3%upside $37 | Buy Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 3 articles about ACT published over the past 30 days
