Assured Guaranty Ltd. (NYSE:AGO) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its position in shares of Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 44.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,342 shares of the financial services provider's stock after selling 23,881 shares during the period. Robeco Institutional Asset Management B.V. owned 0.05% of Assured Guaranty worth $2,333,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AGO. Reinhart Partners LLC. raised its stake in shares of Assured Guaranty by 7.8% during the 3rd quarter. Reinhart Partners LLC. now owns 977,758 shares of the financial services provider's stock worth $77,751,000 after buying an additional 71,114 shares during the period. American Century Companies Inc. lifted its holdings in Assured Guaranty by 37.4% during the second quarter. American Century Companies Inc. now owns 678,182 shares of the financial services provider's stock valued at $52,322,000 after purchasing an additional 184,621 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Assured Guaranty by 82.6% during the second quarter. AQR Capital Management LLC now owns 662,354 shares of the financial services provider's stock valued at $51,101,000 after purchasing an additional 299,658 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of Assured Guaranty in the first quarter valued at about $25,554,000. Finally, Victory Capital Management Inc. increased its stake in shares of Assured Guaranty by 2.3% during the second quarter. Victory Capital Management Inc. now owns 285,191 shares of the financial services provider's stock worth $22,002,000 after purchasing an additional 6,316 shares in the last quarter. Institutional investors and hedge funds own 92.22% of the company's stock.

Assured Guaranty Price Performance

AGO stock traded up $1.00 during mid-day trading on Friday, reaching $87.53. The company's stock had a trading volume of 353,338 shares, compared to its average volume of 262,215. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.30. The company's 50 day moving average is $82.01 and its two-hundred day moving average is $79.33. Assured Guaranty Ltd. has a fifty-two week low of $64.59 and a fifty-two week high of $96.60. The stock has a market cap of $4.61 billion, a PE ratio of 7.12 and a beta of 1.10.

Assured Guaranty (NYSE:AGO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.39 by $0.05. Assured Guaranty had a return on equity of 13.19% and a net margin of 61.17%. The firm had revenue of $202.00 million for the quarter, compared to the consensus estimate of $193.05 million. During the same quarter last year, the business posted $0.60 earnings per share. The firm's revenue was down 43.9% compared to the same quarter last year. Equities research analysts expect that Assured Guaranty Ltd. will post 6.3 EPS for the current year.

Assured Guaranty Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $1.24 annualized dividend and a dividend yield of 1.42%. Assured Guaranty's payout ratio is 10.08%.

Analysts Set New Price Targets

Several research firms recently issued reports on AGO. StockNews.com cut Assured Guaranty from a "hold" rating to a "sell" rating in a report on Friday, October 18th. UBS Group lifted their price target on Assured Guaranty from $84.00 to $87.00 and gave the stock a "neutral" rating in a research note on Thursday, October 17th.

Insider Activity at Assured Guaranty

In other news, Director Yukiko Omura sold 3,599 shares of the firm's stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $79.73, for a total transaction of $286,948.27. Following the completion of the sale, the director now owns 19,285 shares in the company, valued at $1,537,593.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Assured Guaranty news, CEO Dominic Frederico sold 31,000 shares of the company's stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $80.01, for a total value of $2,480,310.00. Following the transaction, the chief executive officer now owns 1,380,119 shares of the company's stock, valued at $110,423,321.19. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Yukiko Omura sold 3,599 shares of Assured Guaranty stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $79.73, for a total transaction of $286,948.27. Following the sale, the director now owns 19,285 shares of the company's stock, valued at approximately $1,537,593.05. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 5.10% of the stock is currently owned by insiders.

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.