WINTON GROUP Ltd bought a new position in shares of Assured Guaranty Ltd. (NYSE:AGO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 64,430 shares of the financial services provider's stock, valued at approximately $5,799,000. WINTON GROUP Ltd owned approximately 0.13% of Assured Guaranty at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in AGO. River Road Asset Management LLC lifted its stake 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 in the last quarter. Reinhart Partners LLC. grew its position in Assured Guaranty by 2.9% during the fourth quarter. Reinhart Partners LLC. now owns 1,005,784 shares of the financial services provider's stock worth $90,531,000 after buying an additional 28,026 shares in the last quarter. Royce & Associates LP increased its stake in Assured Guaranty by 0.9% in the 4th quarter. Royce & Associates LP now owns 990,193 shares of the financial services provider's stock worth $89,127,000 after acquiring an additional 9,062 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Assured Guaranty by 0.3% in the 3rd quarter. Principal Financial Group Inc. now owns 926,415 shares of the financial services provider's stock valued at $73,670,000 after acquiring an additional 2,953 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Assured Guaranty by 12.0% during the 4th quarter. American Century Companies Inc. now owns 903,270 shares of the financial services provider's stock valued at $81,303,000 after acquiring an additional 97,091 shares during the last quarter. 92.22% of the stock is owned by institutional investors.
Assured Guaranty Price Performance
NYSE AGO traded up $0.52 during trading hours on Monday, reaching $87.75. 73,023 shares of the stock traded hands, compared to its average volume of 297,827. The stock has a 50 day simple moving average of $89.84 and a two-hundred day simple moving average of $87.89. Assured Guaranty Ltd. has a 1 year low of $72.57 and a 1 year high of $96.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 6.82 and a beta of 1.11.
Assured Guaranty (NYSE:AGO - Get Free Report) last issued its 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). Assured Guaranty had a return on equity of 11.58% and a net margin of 70.37%. The business had revenue of $199.00 million during the quarter, compared to analysts' expectations of $199.56 million. On average, analysts predict that Assured Guaranty Ltd. will post 7.3 EPS for the current fiscal 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 paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.55%. 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 19.94%.
Assured Guaranty Company Profile
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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.
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