RBF Capital LLC Sells 5,000 Shares of Assured Guaranty Ltd. (NYSE:AGO)

RBF Capital LLC decreased its position in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 21.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,000 shares of the financial services provider's stock after selling 5,000 shares during the quarter. RBF Capital LLC's holdings in Assured Guaranty were worth $1,620,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AGO. Proficio Capital Partners LLC purchased a new position in shares of Assured Guaranty during the 4th quarter worth $25,000. EverSource Wealth Advisors LLC grew its holdings in Assured Guaranty by 46.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 471 shares of the financial services provider's stock valued at $42,000 after purchasing an additional 149 shares during the period. Venturi Wealth Management LLC increased its position in Assured Guaranty by 100.6% in the fourth quarter. Venturi Wealth Management LLC now owns 684 shares of the financial services provider's stock worth $62,000 after buying an additional 343 shares in the last quarter. Covestor Ltd raised its stake 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 worth $73,000 after buying an additional 424 shares during the period. Finally, Heck Capital Advisors LLC purchased a new position in shares of Assured Guaranty during the 4th quarter valued at about $97,000. 92.22% of the stock is currently owned by institutional investors.

Assured Guaranty Price Performance

NYSE AGO opened at $84.72 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29. Assured Guaranty Ltd. has a 12 month low of $72.57 and a 12 month high of $96.50. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 6.58 and a beta of 0.84. The company's 50 day moving average is $85.80 and its two-hundred day moving average is $88.05.

Assured Guaranty (NYSE:AGO - Get Free Report) last posted 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 business had revenue of $199.00 million for the quarter, compared to the consensus estimate of $199.56 million. Assured Guaranty had a net margin of 70.37% and a return on equity of 11.58%. As a group, research analysts anticipate that Assured Guaranty Ltd. will post 7.3 earnings per share for the current year.

Assured Guaranty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.34 per share. The ex-dividend date was Wednesday, March 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.61%. This is a boost from Assured Guaranty's previous quarterly dividend of $0.31. Assured Guaranty's dividend payout ratio (DPR) 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.

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