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Assured Guaranty Ltd. (NYSE:AGO) Shares Sold by Fuller & Thaler Asset Management Inc.

Assured Guaranty logo with Finance background

Fuller & Thaler Asset Management Inc. cut its holdings in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,059,691 shares of the financial services provider's stock after selling 64,423 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 2.08% of Assured Guaranty worth $95,383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of AGO. Proficio Capital Partners LLC bought a new stake in shares of Assured Guaranty in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC grew its position in Assured Guaranty by 46.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 471 shares of the financial services provider's stock worth $42,000 after buying an additional 149 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Assured Guaranty by 100.6% in the fourth quarter. Venturi Wealth Management LLC now owns 684 shares of the financial services provider's stock valued at $62,000 after buying an additional 343 shares in the last quarter. Covestor Ltd increased its holdings in shares of Assured Guaranty by 108.2% in the fourth quarter. Covestor Ltd now owns 816 shares of the financial services provider's stock valued at $73,000 after buying an additional 424 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Assured Guaranty during the 4th quarter valued at $97,000. 92.22% of the stock is owned by institutional investors and hedge funds.

Assured Guaranty Stock Performance

Shares of NYSE AGO opened at $84.72 on Wednesday. The stock's fifty day simple moving average is $85.80 and its 200 day simple moving average is $88.05. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 6.58 and a beta of 0.84. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.29. Assured Guaranty Ltd. has a 52-week low of $72.57 and a 52-week high of $96.50.

Assured Guaranty (NYSE:AGO - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The financial services provider reported $1.27 earnings per share for the quarter, missing analysts' consensus estimates of $1.34 by ($0.07). Assured Guaranty had a return on equity of 11.58% and a net margin of 70.37%. The company had revenue of $199.00 million during the quarter, compared to analysts' expectations of $199.56 million. As a group, sell-side analysts forecast that Assured Guaranty Ltd. will post 7.3 earnings per share for the current fiscal year.

Assured Guaranty Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.61%. The ex-dividend date was Wednesday, March 5th. This is an increase from Assured Guaranty's previous quarterly dividend of $0.31. Assured Guaranty's dividend payout ratio is 19.94%.

About Assured Guaranty

(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)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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