AHL Partners LLP lowered its stake in Assured Guaranty Ltd. (NYSE:AGO) by 37.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 201,287 shares of the financial services provider’s stock after selling 122,520 shares during the period. AHL Partners LLP owned approximately 0.17% of Assured Guaranty worth $8,402,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its position in Assured Guaranty by 2.3% during the first quarter. Parallel Advisors LLC now owns 3,788 shares of the financial services provider’s stock worth $144,000 after acquiring an additional 84 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Assured Guaranty in the 1st quarter valued at about $205,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Assured Guaranty by 11.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,150 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 539 shares during the period. Quantum Capital Management bought a new stake in Assured Guaranty in the 2nd quarter valued at about $218,000. Finally, Zweig DiMenna Associates LLC bought a new stake in Assured Guaranty in the 2nd quarter valued at about $288,000. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

AGO has been the subject of a number of recent analyst reports. BidaskClub downgraded Assured Guaranty from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. BTIG Research restated a “buy” rating and issued a $49.00 price target on shares of Assured Guaranty in a research report on Friday, July 14th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $42.00 price target on shares of Assured Guaranty in a research note on Tuesday, July 4th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Assured Guaranty has a consensus rating of “Buy” and an average price target of $46.50.

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Shares of Assured Guaranty Ltd. (NYSE AGO) traded up 1.38% during midday trading on Tuesday, hitting $39.02. The company’s stock had a trading volume of 255,905 shares. The stock’s 50 day moving average is $41.55 and its 200-day moving average is $40.78. Assured Guaranty Ltd. has a 52-week low of $27.42 and a 52-week high of $45.73. The firm has a market cap of $4.64 billion, a P/E ratio of 4.39 and a beta of 1.65.

Assured Guaranty (NYSE:AGO) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.44. Assured Guaranty had a net margin of 61.25% and a return on equity of 16.00%. The business had revenue of $308.00 million for the quarter, compared to analysts’ expectations of $288.15 million. During the same period in the prior year, the company posted $1.03 EPS. The business’s revenue for the quarter was down 22.2% compared to the same quarter last year. Equities analysts predict that Assured Guaranty Ltd. will post $4.89 EPS for the current fiscal year.

Assured Guaranty Company Profile

Assured Guaranty Ltd. is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.

Institutional Ownership by Quarter for Assured Guaranty (NYSE:AGO)

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