Assured Guaranty Ltd. (NYSE:AGO) Stock Position Boosted by AQR Capital Management LLC

AQR Capital Management LLC increased its position in shares of Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 997,622 shares of the financial services provider's stock after purchasing an additional 13,552 shares during the period. AQR Capital Management LLC owned 1.96% of Assured Guaranty worth $89,796,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new stake in Assured Guaranty during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of Assured Guaranty by 46.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 471 shares of the financial services provider's stock worth $42,000 after acquiring an additional 149 shares during the period. Venturi Wealth Management LLC increased its stake in shares of Assured Guaranty by 100.6% during the fourth quarter. Venturi Wealth Management LLC now owns 684 shares of the financial services provider's stock worth $62,000 after acquiring an additional 343 shares during the period. Covestor Ltd raised its holdings in Assured Guaranty by 108.2% during the fourth quarter. Covestor Ltd now owns 816 shares of the financial services provider's stock worth $73,000 after purchasing an additional 424 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in Assured Guaranty in the fourth quarter valued at about $97,000. Hedge funds and other institutional investors own 92.22% of the company's stock.

Assured Guaranty Price Performance

Shares of NYSE AGO traded down $0.48 during midday trading on Monday, hitting $89.70. The company had a trading volume of 131,492 shares, compared to its average volume of 346,413. The business has a 50-day simple moving average of $85.26 and a two-hundred day simple moving average of $88.30. Assured Guaranty Ltd. has a twelve month low of $72.57 and a twelve month high of $96.50. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 6.97 and a beta of 0.84.

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

Assured Guaranty Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.52%. Assured Guaranty's payout ratio is 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.