Brown Advisory Inc. Has $56.50 Million Stock Position in Assured Guaranty Ltd. (NYSE:AGO)

Brown Advisory Inc. lowered its stake in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 627,738 shares of the financial services provider's stock after selling 24,116 shares during the period. Brown Advisory Inc. owned approximately 1.23% of Assured Guaranty worth $56,503,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in Assured Guaranty in the 4th quarter valued at about $50,447,000. River Road Asset Management LLC increased its stake in Assured Guaranty by 67.4% in the fourth quarter. River Road Asset Management LLC now owns 1,116,131 shares of the financial services provider's stock valued at $100,463,000 after acquiring an additional 449,310 shares during the last quarter. Raymond James Financial Inc. bought a new position in Assured Guaranty in the fourth quarter valued at approximately $28,060,000. Boston Partners raised its position in Assured Guaranty by 46.0% during the fourth quarter. Boston Partners now owns 806,821 shares of the financial services provider's stock valued at $72,904,000 after purchasing an additional 254,063 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in Assured Guaranty by 89.0% during the fourth quarter. First Trust Advisors LP now owns 488,895 shares of the financial services provider's stock worth $44,005,000 after purchasing an additional 230,258 shares during the last quarter. Institutional investors own 92.22% of the company's stock.

Assured Guaranty Trading Up 3.1 %

Shares of AGO opened at $90.22 on Monday. 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 Ltd. has a 52-week low of $72.57 and a 52-week high of $96.50. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 7.01 and a beta of 0.84. The business's fifty day moving average is $85.26 and its 200-day moving average is $88.30.

Assured Guaranty (NYSE:AGO - Get Free Report) last released its earnings results on Thursday, February 27th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.34 by ($0.07). The business had revenue of $199.00 million during the quarter, compared to the consensus estimate of $199.56 million. Assured Guaranty had a net margin of 70.37% and a return on equity of 11.58%. Equities analysts anticipate that Assured Guaranty Ltd. will post 7.3 EPS for the current fiscal year.

Assured Guaranty Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors 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 yield of 1.51%. Assured Guaranty's dividend payout ratio is 19.94%.

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.

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