Dimensional Fund Advisors LP decreased its holdings in shares of Assured Guaranty Ltd. (NYSE:AGO) by 3.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,792,699 shares of the financial services provider’s stock after selling 121,054 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Assured Guaranty were worth $135,514,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Chartwell Investment Partners LLC boosted its holdings in shares of Assured Guaranty by 2.4% during the second quarter. Chartwell Investment Partners LLC now owns 61,832 shares of the financial services provider’s stock worth $2,209,000 after purchasing an additional 1,455 shares during the last quarter. Tyers Asset Management LLC boosted its holdings in shares of Assured Guaranty by 1.4% during the first quarter. Tyers Asset Management LLC now owns 127,056 shares of the financial services provider’s stock worth $4,599,000 after purchasing an additional 1,712 shares during the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Assured Guaranty by 1.4% during the first quarter. Riverhead Capital Management LLC now owns 140,252 shares of the financial services provider’s stock worth $5,077,000 after purchasing an additional 2,002 shares during the last quarter. Natixis Advisors L.P. boosted its holdings in shares of Assured Guaranty by 11.1% during the first quarter. Natixis Advisors L.P. now owns 21,671 shares of the financial services provider’s stock worth $784,000 after purchasing an additional 2,170 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Assured Guaranty by 1.2% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 193,950 shares of the financial services provider’s stock worth $6,930,000 after purchasing an additional 2,250 shares during the last quarter. Institutional investors and hedge funds own 95.86% of the company’s stock.

Shares of AGO opened at $40.61 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.56 and a current ratio of 0.56. The firm has a market capitalization of $4.42 billion, a P/E ratio of 10.06 and a beta of 1.34. Assured Guaranty Ltd. has a twelve month low of $32.97 and a twelve month high of $42.87.

Assured Guaranty (NYSE:AGO) last issued its earnings results on Wednesday, August 1st. The financial services provider reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.08). The firm had revenue of $221.00 million during the quarter, compared to analysts’ expectations of $236.91 million. Assured Guaranty had a return on equity of 7.02% and a net margin of 37.52%. The company’s quarterly revenue was down 28.2% compared to the same quarter last year. During the same period last year, the business posted $1.16 earnings per share.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 29th. Investors of record on Wednesday, August 15th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend was Tuesday, August 14th.

Several research analysts recently weighed in on the company. ValuEngine raised Assured Guaranty from a “sell” rating to a “hold” rating in a research report on Tuesday. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $48.00 target price on shares of Assured Guaranty in a research report on Friday, August 3rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $48.67.

In related news, CEO Dominic Frederico sold 118,294 shares of the stock in a transaction on Friday, August 31st. The stock was sold at an average price of $40.73, for a total value of $4,818,114.62. Following the transaction, the chief executive officer now directly owns 1,180,680 shares of the company’s stock, valued at approximately $48,089,096.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Howard Albert sold 13,361 shares of the stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $37.70, for a total value of $503,709.70. The disclosure for this sale can be found here. Insiders sold a total of 343,710 shares of company stock worth $13,977,909 over the last ninety days. Corporate insiders own 2.54% of the company’s stock.

Assured Guaranty Company Profile

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.

Featured Story: What does earnings per share mean?

Want to see what other hedge funds are holding AGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Assured Guaranty Ltd. (NYSE:AGO).

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

Receive News & Ratings for Assured Guaranty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Assured Guaranty and related companies with MarketBeat.com's FREE daily email newsletter.