Assured Guaranty Ltd. (NYSE:AGO) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC raised its position in Assured Guaranty Ltd. (NYSE:AGO) by 2.0% during the 4th quarter, Holdings Channel reports. The firm owned 23,106 shares of the financial services provider’s stock after acquiring an additional 462 shares during the quarter. Natixis Advisors LLC’s holdings in Assured Guaranty were worth $2,080,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AGO. EverSource Wealth Advisors LLC grew its stake in Assured Guaranty by 46.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 471 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 149 shares during the last quarter. True Wealth Design LLC purchased a new stake in shares of Assured Guaranty in the third quarter valued at about $38,000. Venturi Wealth Management LLC grew its position in shares of Assured Guaranty by 100.6% in the fourth quarter. Venturi Wealth Management LLC now owns 684 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 343 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Assured Guaranty during the 4th quarter worth approximately $97,000. Finally, Jones Financial Companies Lllp lifted its stake in Assured Guaranty by 1,794.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,497 shares of the financial services provider’s stock valued at $135,000 after buying an additional 1,418 shares in the last quarter. Hedge funds and other institutional investors own 92.22% of the company’s stock.

Assured Guaranty Stock Performance

Assured Guaranty stock opened at $87.71 on Tuesday. Assured Guaranty Ltd. has a fifty-two week low of $72.57 and a fifty-two week high of $96.50. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 6.82 and a beta of 1.11. The stock has a fifty day moving average of $90.05 and a two-hundred day moving average of $87.57. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 0.91.

Assured Guaranty (NYSE:AGO) last posted its quarterly earnings data 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 company had revenue of $199.00 million for the quarter, compared to analysts’ expectations of $199.56 million. Assured Guaranty had a return on equity of 11.58% and a net margin of 70.37%. On average, analysts anticipate that Assured Guaranty Ltd. will post 7.3 EPS for the current fiscal year.

Assured Guaranty Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.34 dividend. This is a boost from Assured Guaranty’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 1.55%. The ex-dividend date was Wednesday, March 5th. Assured Guaranty’s payout ratio is presently 19.94%.

Assured Guaranty Profile

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.