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Robeco Institutional Asset Management B.V. Has $4.49 Million Stake in Assured Guaranty Ltd. (NYSE:AGO)

Assured Guaranty logo with Finance background

Robeco Institutional Asset Management B.V. increased its position in shares of Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 69.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,843 shares of the financial services provider's stock after buying an additional 20,501 shares during the period. Robeco Institutional Asset Management B.V. owned 0.10% of Assured Guaranty worth $4,486,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning increased its position in Assured Guaranty by 1.2% in the 3rd quarter. Creative Planning now owns 11,140 shares of the financial services provider's stock worth $886,000 after buying an additional 135 shares during the period. Point72 Asia Singapore Pte. Ltd. increased its position in Assured Guaranty by 1.3% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,426 shares of the financial services provider's stock worth $909,000 after acquiring an additional 144 shares during the period. XTX Topco Ltd raised its stake in Assured Guaranty by 1.6% during the 3rd quarter. XTX Topco Ltd now owns 11,454 shares of the financial services provider's stock valued at $911,000 after purchasing an additional 180 shares during the last quarter. Assetmark Inc. boosted its holdings in Assured Guaranty by 66.6% in the 3rd quarter. Assetmark Inc. now owns 493 shares of the financial services provider's stock valued at $39,000 after purchasing an additional 197 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its position in Assured Guaranty by 5.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 4,647 shares of the financial services provider's stock worth $370,000 after purchasing an additional 233 shares during the last quarter. 92.22% of the stock is currently owned by institutional investors and hedge funds.

Assured Guaranty Price Performance

Shares of Assured Guaranty stock traded up $0.52 during mid-day trading on Thursday, reaching $93.93. 198,386 shares of the stock were exchanged, compared to its average volume of 207,074. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 7.30 and a beta of 1.11. Assured Guaranty Ltd. has a fifty-two week low of $72.57 and a fifty-two week high of $96.60. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29. The firm has a 50-day simple moving average of $90.62 and a 200 day simple moving average of $85.10.

Assured Guaranty (NYSE:AGO - Get Free Report) last released its quarterly earnings results on Monday, November 11th. The financial services provider reported $2.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $1.00. The firm had revenue of $269.00 million during the quarter, compared to analysts' expectations of $202.57 million. Assured Guaranty had a return on equity of 11.58% and a net margin of 70.37%. The business's revenue was down 33.3% on a year-over-year basis. During the same period last year, the firm posted $3.42 EPS. On average, sell-side analysts predict that Assured Guaranty Ltd. will post 7.3 EPS for the current fiscal year.

Assured Guaranty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.32%. Assured Guaranty's payout ratio is 9.63%.

Analysts Set New Price Targets

Several analysts have recently weighed in on AGO shares. Keefe, Bruyette & Woods lifted their price objective on Assured Guaranty from $92.00 to $105.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. UBS Group upped their target price on shares of Assured Guaranty from $87.00 to $95.00 and gave the company a "neutral" rating in a research note on Monday, November 18th. Finally, StockNews.com upgraded shares of Assured Guaranty from a "sell" rating to a "hold" rating in a research note on Wednesday, November 13th.

View Our Latest Analysis on AGO

Assured Guaranty Profile

(Free Report)

Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It operates through two segments: Insurance and Asset Management. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.

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Institutional Ownership by Quarter for Assured Guaranty (NYSE:AGO)

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