Chicago Equity Partners LLC acquired a new stake in Argo Group (NASDAQ:AGII) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,270 shares of the insurance provider’s stock, valued at approximately $423,000.

Several other large investors also recently added to or reduced their stakes in AGII. Public Employees Retirement Association of Colorado grew its stake in shares of Argo Group by 15.0% in the first quarter. Public Employees Retirement Association of Colorado now owns 7,953 shares of the insurance provider’s stock valued at $457,000 after acquiring an additional 1,037 shares in the last quarter. Xact Kapitalforvaltning AB grew its stake in shares of Argo Group by 11.1% in the first quarter. Xact Kapitalforvaltning AB now owns 13,259 shares of the insurance provider’s stock valued at $761,000 after acquiring an additional 1,329 shares in the last quarter. Diversified Trust Co grew its stake in shares of Argo Group by 35.4% in the first quarter. Diversified Trust Co now owns 5,347 shares of the insurance provider’s stock valued at $307,000 after acquiring an additional 1,397 shares in the last quarter. American International Group Inc. grew its stake in shares of Argo Group by 7.3% in the first quarter. American International Group Inc. now owns 20,966 shares of the insurance provider’s stock valued at $1,203,000 after acquiring an additional 1,427 shares in the last quarter. Finally, Citigroup Inc. grew its stake in shares of Argo Group by 20.6% in the first quarter. Citigroup Inc. now owns 9,590 shares of the insurance provider’s stock valued at $551,000 after acquiring an additional 1,635 shares in the last quarter. Hedge funds and other institutional investors own 80.67% of the company’s stock.

AGII stock opened at $58.85 on Monday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.52 and a current ratio of 0.52. Argo Group has a 52 week low of $49.69 and a 52 week high of $60.15. The stock has a market capitalization of $1.99 billion, a P/E ratio of -140.12 and a beta of 0.62.

About Argo Group

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. The U.S. Operations segment underwrites primary and excess specialty casualty, and commercial multi-peril, as well as contract, product, environmental, and auto liability products; and workers compensation, general, management, errors and omissions, and public entity liability risks.

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

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