Essent Group Ltd
The peers outperformed MGIC Investment based on the forward PE ratio. However, MGIC is way ahead of its peers based on the PBV ratio.
MGIC Investment (MTG) has a market cap of $3.4 billion. After the earnings report in 3Q15, it rose by 4% to close at $10 per share as of October 15, 2015.
Soros sold its 1.20% position in Johnson & Johnson (JNJ) last quarter. Johnson & Johnson’s reported 37% increase in adjusted net earnings in 4Q was mainly driven by its pharmaceutical segment.
Barrick Gold (ABX), the world’s top gold producer, is a 1.25% position in Soros’ U.S. long portfolio initiated in 4Q 2013.
Soros revealed a 1.03% position in Leucadia National Corp. (LUK). Leucadia is a diversified holding company engaged through its consolidated subsidiaries in a variety of businesses.
Soros initiated a 1.01% position in JP Morgan peer Citigroup Inc. (C) in 4Q 2013. Citigroup Inc (C) saw profits more than double in its 4Q results last month, but shares fell as earnings fell short of analyst estimates.
Soros Management initiated a 1.41% position in JPMorgan Chase (JPM) in 4Q 2013. JPMorgan shares were up in November last year after the bank put its legal issues behind it.
Essent Group Ltd. saw an IPO on October 31 2013 that raised $335 million. The company sold 19.7 million shares in the IPO at $17 per share.