XTX Topco Ltd Has $249,000 Holdings in Assured Guaranty Ltd. (NYSE:AGO)

XTX Topco Ltd reduced its holdings in Assured Guaranty Ltd. (NYSE:AGO - Free Report) by 75.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,769 shares of the financial services provider's stock after selling 8,685 shares during the period. XTX Topco Ltd's holdings in Assured Guaranty were worth $249,000 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 AGO. Proficio Capital Partners LLC acquired a new position in Assured Guaranty during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC grew its position 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 valued at $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 4th quarter. Venturi Wealth Management LLC now owns 684 shares of the financial services provider's stock worth $62,000 after purchasing an additional 343 shares during the last quarter. Covestor Ltd raised its holdings in shares of Assured Guaranty by 108.2% in the 4th quarter. Covestor Ltd now owns 816 shares of the financial services provider's stock valued at $73,000 after purchasing an additional 424 shares during the period. Finally, Heck Capital Advisors LLC acquired a new stake in Assured Guaranty in the 4th quarter valued at about $97,000. 92.22% of the stock is owned by institutional investors.

Assured Guaranty Stock Performance

NYSE AGO traded up $1.74 during trading on Friday, reaching $89.25. 31,955 shares of the company's stock were exchanged, compared to its average volume of 347,157. Assured Guaranty Ltd. has a fifty-two week low of $72.57 and a fifty-two week high of $96.50. The stock has a market capitalization of $4.46 billion, a P/E ratio of 6.94 and a beta of 0.84. The business has a 50 day moving average price of $85.30 and a 200-day moving average price of $88.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.91 and a quick ratio of 0.91.

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

Assured Guaranty Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.52%. Assured Guaranty's payout ratio is 19.94%.

Assured Guaranty Company 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.