Argo Group International Holdings, Ltd. (NASDAQ:AGII) insider Kevin James Rehnberg sold 2,500 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $59.74, for a total transaction of $149,350.00. Following the completion of the sale, the insider now owns 30,793 shares in the company, valued at $1,839,573.82. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Argo Group International Holdings, Ltd. (NASDAQ AGII) traded down $0.27 during trading on Friday, hitting $58.23. 276,717 shares of the stock traded hands, compared to its average volume of 119,443. 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 International Holdings, Ltd. has a 1-year low of $56.15 and a 1-year high of $69.03. The firm has a market cap of $1,760.00, a price-to-earnings ratio of 78.55 and a beta of 0.85.

Argo Group International Holdings (NASDAQ:AGII) last issued its earnings results on Thursday, November 2nd. The insurance provider reported ($1.91) earnings per share for the quarter, missing the consensus estimate of $0.99 by ($2.90). Argo Group International Holdings had a net margin of 3.15% and a return on equity of 1.36%. The business had revenue of $439.20 million for the quarter, compared to analyst estimates of $433.90 million. During the same quarter last year, the firm posted $1.12 earnings per share. Argo Group International Holdings’s revenue was up 5.4% on a year-over-year basis. sell-side analysts predict that Argo Group International Holdings, Ltd. will post 0.87 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.08 annualized dividend and a dividend yield of 1.85%. Argo Group International Holdings’s dividend payout ratio (DPR) is currently 63.91%.

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Several institutional investors have recently modified their holdings of the company. California Public Employees Retirement System boosted its position in shares of Argo Group International Holdings by 3.7% during the 3rd quarter. California Public Employees Retirement System now owns 104,399 shares of the insurance provider’s stock valued at $6,421,000 after acquiring an additional 3,679 shares in the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Argo Group International Holdings by 24.3% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 5,559 shares of the insurance provider’s stock valued at $342,000 after acquiring an additional 1,087 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Argo Group International Holdings during the 3rd quarter valued at about $15,531,000. OxFORD Asset Management LLP boosted its position in shares of Argo Group International Holdings by 8.3% during the 3rd quarter. OxFORD Asset Management LLP now owns 56,335 shares of the insurance provider’s stock valued at $3,461,000 after acquiring an additional 4,335 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Argo Group International Holdings by 5.3% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 228,885 shares of the insurance provider’s stock valued at $14,077,000 after acquiring an additional 11,472 shares in the last quarter. Institutional investors and hedge funds own 85.40% of the company’s stock.

Several analysts have issued reports on the stock. 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. 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.

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.

Insider Buying and Selling by Quarter for Argo Group International Holdings (NASDAQ:AGII)

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