Fox Run Management L.L.C. Raises Stock Position in Assured Guaranty Ltd. (NYSE:AGO)

Fox Run Management L.L.C. increased its position in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 75.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,008 shares of the financial services provider's stock after acquiring an additional 4,295 shares during the period. Fox Run Management L.L.C.'s holdings in Assured Guaranty were worth $901,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. River Road Asset Management LLC raised its holdings in Assured Guaranty by 67.4% in the 4th quarter. River Road Asset Management LLC now owns 1,116,131 shares of the financial services provider's stock worth $100,463,000 after purchasing an additional 449,310 shares during the period. Raymond James Financial Inc. purchased a new stake in Assured Guaranty in the 4th quarter worth $28,060,000. Boston Partners boosted its stake in shares of Assured Guaranty by 46.0% in the fourth quarter. Boston Partners now owns 806,821 shares of the financial services provider's stock worth $72,904,000 after acquiring an additional 254,063 shares during the period. BNP Paribas Financial Markets grew its holdings in Assured Guaranty by 50.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 434,173 shares of the financial services provider's stock valued at $34,525,000 after buying an additional 146,107 shares in the last quarter. Finally, Intech Investment Management LLC boosted its position in shares of Assured Guaranty by 236.5% during the fourth quarter. Intech Investment Management LLC now owns 168,141 shares of the financial services provider's stock worth $15,134,000 after acquiring an additional 118,170 shares during the last quarter. Institutional investors own 92.22% of the company's stock.

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Assured Guaranty Price Performance

Shares of AGO stock traded up $0.42 during trading hours on Thursday, hitting $88.72. The stock had a trading volume of 291,937 shares, compared to its average volume of 342,300. The stock's 50-day moving average price is $89.99 and its two-hundred day moving average price is $87.65. Assured Guaranty Ltd. has a one year low of $72.57 and a one year high of $96.50. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 6.89 and a beta of 1.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.91 and a quick ratio of 0.91.

Assured Guaranty (NYSE:AGO - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The financial services provider reported $1.27 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.07). Assured Guaranty had a net margin of 70.37% and a return on equity of 11.58%. The business had revenue of $199.00 million for the quarter, compared to the consensus estimate of $199.56 million. Equities analysts forecast that Assured Guaranty Ltd. will post 7.3 EPS for the current year.

Assured Guaranty Increases Dividend

The business 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 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Wednesday, March 5th. This is a positive change from Assured Guaranty's previous quarterly dividend of $0.31. Assured Guaranty's dividend payout ratio is presently 19.94%.

About Assured Guaranty

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.