Susquehanna Fundamental Investments LLC Takes Position in MBIA Inc. (NYSE:MBI)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of MBIA Inc. (NYSE:MBI - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 163,780 shares of the insurance provider's stock, valued at approximately $1,058,000. Susquehanna Fundamental Investments LLC owned approximately 0.32% of MBIA at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MBI. Wolf Hill Capital Management LP acquired a new stake in shares of MBIA in the fourth quarter valued at about $18,608,000. Hosking Partners LLP lifted its holdings in MBIA by 1.9% in the fourth quarter. Hosking Partners LLP now owns 1,596,297 shares of the insurance provider's stock valued at $10,312,000 after acquiring an additional 29,918 shares during the last quarter. Geode Capital Management LLC increased its position in shares of MBIA by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 999,713 shares of the insurance provider's stock worth $6,459,000 after purchasing an additional 19,263 shares during the last quarter. TCW Group Inc. increased its position in shares of MBIA by 53.3% during the fourth quarter. TCW Group Inc. now owns 706,560 shares of the insurance provider's stock valued at $4,564,000 after acquiring an additional 245,760 shares during the last quarter. Finally, Freestone Capital Holdings LLC purchased a new stake in MBIA in the fourth quarter valued at approximately $1,159,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

MBIA Trading Up 3.9 %

Shares of NYSE:MBI traded up $0.18 on Friday, reaching $4.83. 192,824 shares of the company were exchanged, compared to its average volume of 450,039. MBIA Inc. has a 1-year low of $3.22 and a 1-year high of $7.46. The firm has a market cap of $243.39 million, a price-to-earnings ratio of -0.43 and a beta of 1.88. The company has a 50-day moving average of $4.94 and a 200-day moving average of $5.66.

MBIA (NYSE:MBI - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The insurance provider reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.17). The company had revenue of $29.00 million during the quarter, compared to analysts' expectations of $28.70 million. As a group, analysts forecast that MBIA Inc. will post -3.5 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have commented on MBI. Keefe, Bruyette & Woods dropped their price target on shares of MBIA from $9.00 to $8.00 and set an "outperform" rating for the company in a research note on Tuesday, April 29th. StockNews.com downgraded shares of MBIA from a "hold" rating to a "sell" rating in a research report on Wednesday, January 8th.

About MBIA

MBIA Inc provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S.