MBIA's (MBI) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• MBIA's stock has been maintained with a "sell (D-)" rating by Weiss Ratings, indicating ongoing negative sentiment regarding the company's performance.
• In contrast, Wall Street Zen recently upgraded MBIA from a "sell" to a "hold" rating, suggesting a mixed outlook among analysts.
• The stock has a current market cap of $364.03 million with a fifty-two week price range between $3.29 and $8.26, reflecting volatility in its performance.

MBIA (NYSE:MBI - Get Free Report)'s stock had its "sell (d-)" rating reissued by Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded MBIA from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $8.00.

MBIA Stock Performance

NYSE:MBI opened at $7.21 on Wednesday. The stock has a fifty day moving average price of $7.19 and a 200-day moving average price of $5.44. The company has a market cap of $364.03 million, a price-to-earnings ratio of -1.55 and a beta of 1.83. MBIA has a fifty-two week low of $3.29 and a fifty-two week high of $8.26.

Institutional Trading of MBIA

Institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of MBIA during the 2nd quarter worth $101,000. AQR Capital Management LLC bought a new stake in shares of MBIA during the 1st quarter worth $120,000. Dupree Financial Group LLC bought a new stake in shares of MBIA during the 1st quarter worth $124,000. XTX Topco Ltd raised its position in MBIA by 25.5% in the first quarter. XTX Topco Ltd now owns 29,528 shares of the insurance provider's stock valued at $147,000 after purchasing an additional 6,001 shares during the last quarter. Finally, Militia Capital Partners LP bought a new position in MBIA in the first quarter valued at about $167,000. 60.95% of the stock is currently owned by institutional investors.

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.

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