Assured Guaranty Ltd. (NYSE:AGO) Shares Purchased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its holdings in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 131.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,419 shares of the financial services provider's stock after buying an additional 3,075 shares during the period. Tower Research Capital LLC TRC's holdings in Assured Guaranty were worth $488,000 at the end of the most recent reporting period.

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

Assured Guaranty Trading Up 3.1 %

Assured Guaranty stock traded up $2.71 during trading on Friday, hitting $90.22. The company's stock had a trading volume of 236,168 shares, compared to its average volume of 347,740. The stock's fifty day moving average is $85.26 and its 200 day moving average is $88.28. 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 1-year low of $72.57 and a 1-year high of $96.50. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 7.01 and a beta of 0.84.

Assured Guaranty (NYSE:AGO - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The financial services provider reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.34 by ($0.07). Assured Guaranty had a return on equity of 11.58% and a net margin of 70.37%. The company had revenue of $199.00 million for the quarter, compared to analysts' expectations of $199.56 million. As a group, equities research analysts predict that Assured Guaranty Ltd. will post 7.3 EPS for the current year.

Assured Guaranty Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.51%. 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.