Barclays PLC Has $5.44 Million Holdings in Ambac Financial Group, Inc. (NYSE:AMBC)

Barclays PLC increased its position in Ambac Financial Group, Inc. (NYSE:AMBC - Free Report) by 14.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 429,861 shares of the company's stock after buying an additional 53,759 shares during the quarter. Barclays PLC owned about 0.91% of Ambac Financial Group worth $5,438,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AMBC. Geode Capital Management LLC lifted its holdings in shares of Ambac Financial Group by 2.9% in the third quarter. Geode Capital Management LLC now owns 1,028,956 shares of the company's stock valued at $11,537,000 after buying an additional 28,573 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Ambac Financial Group by 56.9% during the third quarter. JPMorgan Chase & Co. now owns 254,072 shares of the company's stock valued at $2,848,000 after purchasing an additional 92,100 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Ambac Financial Group by 4.3% during the fourth quarter. Exchange Traded Concepts LLC now owns 164,474 shares of the company's stock valued at $2,081,000 after buying an additional 6,760 shares during the period. Empowered Funds LLC raised its position in Ambac Financial Group by 5.1% during the fourth quarter. Empowered Funds LLC now owns 181,633 shares of the company's stock valued at $2,298,000 after buying an additional 8,784 shares during the period. Finally, Rhumbline Advisers raised its position in Ambac Financial Group by 6.4% during the fourth quarter. Rhumbline Advisers now owns 140,999 shares of the company's stock valued at $1,784,000 after buying an additional 8,495 shares during the period. Institutional investors and hedge funds own 84.49% of the company's stock.

Ambac Financial Group Stock Up 0.8 %

AMBC stock traded up $0.06 during mid-day trading on Monday, hitting $8.05. The stock had a trading volume of 643,344 shares, compared to its average volume of 685,758. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 2.10. Ambac Financial Group, Inc. has a 1-year low of $6.33 and a 1-year high of $18.45. The company has a fifty day moving average of $8.45 and a 200 day moving average of $10.74. The stock has a market capitalization of $411.28 million, a price-to-earnings ratio of -17.50 and a beta of 1.09.

Ambac Financial Group (NYSE:AMBC - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.18). The company had revenue of $18.93 million for the quarter, compared to analyst estimates of $24.83 million. Ambac Financial Group had a negative net margin of 6.28% and a positive return on equity of 2.51%. On average, equities analysts expect that Ambac Financial Group, Inc. will post 0.6 EPS for the current fiscal year.

Ambac Financial Group Profile

Ambac Financial Group, Inc operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks.