Two Sigma Investments LP Has $1.67 Million Stock Holdings in Ambac Financial Group, Inc. (NYSE:AMBC)

Two Sigma Investments LP lifted its position in Ambac Financial Group, Inc. (NYSE:AMBC - Free Report) by 41.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 132,295 shares of the company's stock after purchasing an additional 38,540 shares during the quarter. Two Sigma Investments LP owned 0.28% of Ambac Financial Group worth $1,674,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Geode Capital Management LLC grew its holdings in shares of Ambac Financial Group by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 1,046,510 shares of the company's stock worth $13,242,000 after purchasing an additional 17,554 shares during the last quarter. Wolf Hill Capital Management LP bought a new stake in Ambac Financial Group during the 4th quarter worth about $12,650,000. American Century Companies Inc. grew its holdings in Ambac Financial Group by 3.9% during the 4th quarter. American Century Companies Inc. now owns 929,345 shares of the company's stock worth $11,756,000 after acquiring an additional 34,861 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in Ambac Financial Group by 65.5% during the 4th quarter. Nuveen Asset Management LLC now owns 824,357 shares of the company's stock worth $10,428,000 after acquiring an additional 326,149 shares during the last quarter. Finally, Portolan Capital Management LLC bought a new stake in Ambac Financial Group during the 4th quarter worth about $7,456,000. Institutional investors own 84.49% of the company's stock.

Ambac Financial Group Price Performance

NYSE:AMBC traded down $0.29 during mid-day trading on Wednesday, reaching $7.50. 1,480,492 shares of the company were exchanged, compared to its average volume of 760,305. Ambac Financial Group, Inc. has a 12 month low of $5.99 and a 12 month high of $18.40. The company has a fifty day moving average of $7.64 and a 200 day moving average of $10.06. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 2.10. The stock has a market cap of $348.20 million, a PE ratio of -16.30 and a beta of 0.86.

Ambac Financial Group (NYSE:AMBC - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.06). Ambac Financial Group had a positive return on equity of 2.51% and a negative net margin of 6.28%. The company had revenue of $15.68 million for the quarter, compared to the consensus estimate of $33.00 million. On average, research analysts anticipate that Ambac Financial Group, Inc. will post 0.6 EPS for the current fiscal year.

Insider Buying and Selling at Ambac Financial Group

In other Ambac Financial Group news, Director Jeffrey Scott Stein bought 15,000 shares of the business's stock in a transaction on Wednesday, May 14th. The shares were bought at an average cost of $6.46 per share, for a total transaction of $96,900.00. Following the transaction, the director now owns 50,000 shares in the company, valued at approximately $323,000. This trade represents a 42.86% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 6.20% of the company's stock.

About Ambac Financial Group

Ambac Financial Group, Inc operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks.