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American Century Companies Inc. Has $81.30 Million Holdings in Assured Guaranty Ltd. (NYSE:AGO)

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American Century Companies Inc. grew its position in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 12.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 903,270 shares of the financial services provider's stock after acquiring an additional 97,091 shares during the quarter. American Century Companies Inc. owned 1.77% of Assured Guaranty worth $81,303,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Trust N.A. lifted its stake in Assured Guaranty by 8.6% during the third quarter. Raymond James Trust N.A. now owns 3,710 shares of the financial services provider's stock worth $295,000 after purchasing an additional 294 shares during the period. Cerity Partners LLC lifted its position in shares of Assured Guaranty by 112.6% during the 3rd quarter. Cerity Partners LLC now owns 174,447 shares of the financial services provider's stock worth $13,872,000 after buying an additional 92,408 shares during the period. D.A. Davidson & CO. acquired a new stake in Assured Guaranty in the 3rd quarter valued at $277,000. BNP Paribas Financial Markets grew its position in Assured Guaranty by 50.7% in the third quarter. BNP Paribas Financial Markets now owns 434,173 shares of the financial services provider's stock valued at $34,525,000 after acquiring an additional 146,107 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in Assured Guaranty by 221.8% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 45,380 shares of the financial services provider's stock worth $3,609,000 after acquiring an additional 31,280 shares in the last quarter. 92.22% of the stock is currently owned by institutional investors.

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Assured Guaranty Price Performance

Shares of NYSE:AGO traded up $0.42 on Thursday, hitting $88.72. The stock had a trading volume of 291,937 shares, compared to its average volume of 342,300. The firm's 50 day moving average price is $89.93 and its 200-day moving average price is $87.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 0.91. Assured Guaranty Ltd. has a twelve month low of $72.57 and a twelve month high of $96.50. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 6.89 and a beta of 1.11.

Assured Guaranty (NYSE:AGO - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The financial services provider reported $1.27 EPS for the quarter, missing analysts' consensus estimates of $1.34 by ($0.07). The firm had revenue of $199.00 million during the quarter, compared to analyst estimates of $199.56 million. Assured Guaranty had a net margin of 70.37% and a return on equity of 11.58%. On average, equities research analysts predict that Assured Guaranty Ltd. will post 7.3 earnings per share for the current year.

Assured Guaranty Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.53%. This is a boost from Assured Guaranty's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, March 5th. Assured Guaranty's dividend payout ratio (DPR) is currently 19.94%.

Assured Guaranty Company 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.

See Also

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

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