Ameritas Investment Partners Inc. maintained its position in shares of Argo Group International Holdings, Ltd. (NASDAQ:AGII) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,490 shares of the insurance provider’s stock at the end of the second quarter. Ameritas Investment Partners Inc.’s holdings in Argo Group International Holdings were worth $151,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Dubuque Bank & Trust Co. acquired a new position in shares of Argo Group International Holdings during the 2nd quarter worth approximately $176,000. Quantbot Technologies LP acquired a new position in shares of Argo Group International Holdings during the 2nd quarter worth approximately $195,000. Neuberger Berman Group LLC grew its position in shares of Argo Group International Holdings by 0.8% during the 2nd quarter. Neuberger Berman Group LLC now owns 3,383 shares of the insurance provider’s stock worth $205,000 after purchasing an additional 27 shares in the last quarter. Amalgamated Bank grew its position in shares of Argo Group International Holdings by 1.4% during the 2nd quarter. Amalgamated Bank now owns 3,671 shares of the insurance provider’s stock worth $222,000 after purchasing an additional 49 shares in the last quarter. Finally, Diversified Trust Co grew its position in shares of Argo Group International Holdings by 1.4% during the 2nd quarter. Diversified Trust Co now owns 3,750 shares of the insurance provider’s stock worth $227,000 after purchasing an additional 50 shares in the last quarter. 86.34% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Mark E. Watson III sold 22,246 shares of the stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $60.19, for a total transaction of $1,338,986.74. Following the sale, the insider now owns 593,661 shares in the company, valued at approximately $35,732,455.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.86% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was first posted by Watch List News and is owned by of Watch List News. If you are accessing this article on another website, it was illegally stolen and reposted in violation of United States and international copyright and trademark law. The correct version of this article can be accessed at https://www.watchlistnews.com/argo-group-international-holdings-ltd-agii-stake-held-by-ameritas-investment-partners-inc/1680140.html.

Shares of Argo Group International Holdings, Ltd. (NASDAQ AGII) opened at $61.40 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.21. The stock has a market cap of $1,850.60, a P/E ratio of 80.79 and a beta of 0.85. Argo Group International Holdings, Ltd. has a 52-week low of $56.15 and a 52-week high of $69.03.

Argo Group International Holdings (NASDAQ:AGII) last posted its quarterly earnings results on Thursday, November 2nd. The insurance provider reported ($1.91) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.99 by ($2.90). The firm had revenue of $439.20 million for the quarter, compared to analyst estimates of $433.90 million. Argo Group International Holdings had a return on equity of 6.39% and a net margin of 10.04%. The business’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.12 EPS. analysts forecast that Argo Group International Holdings, Ltd. will post 0.82 earnings per share for the current fiscal year.

AGII has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Argo Group International Holdings from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research report on Friday, August 11th. BidaskClub upgraded shares of Argo Group International Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th.

Argo Group International Holdings Company Profile

Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite.

Want to see what other hedge funds are holding AGII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Argo Group International Holdings, Ltd. (NASDAQ:AGII).

Institutional Ownership by Quarter for Argo Group International Holdings (NASDAQ:AGII)

Receive News & Ratings for Argo Group International Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Group International Holdings Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.