Assured Guaranty Ltd. (NYSE:AGO) was the recipient of some unusual options trading on Monday. Investors acquired 1,861 put options on the company. This represents an increase of 982% compared to the average volume of 172 put options.

Shares of NYSE:AGO opened at $44.40 on Wednesday. The business’s fifty day moving average price is $44.00 and its two-hundred day moving average price is $43.66. Assured Guaranty has a fifty-two week low of $36.13 and a fifty-two week high of $47.97. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 9.79 and a beta of 1.06. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.65 and a quick ratio of 0.65.

Assured Guaranty (NYSE:AGO) last announced its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.62. Assured Guaranty had a return on equity of 7.24% and a net margin of 46.89%. The firm had revenue of $266.00 million for the quarter, compared to analysts’ expectations of $222.39 million. During the same period in the prior year, the business posted $0.66 earnings per share. The business’s revenue was up 20.9% compared to the same quarter last year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Tuesday, August 20th.

A number of institutional investors have recently bought and sold shares of the business. Deprince Race & Zollo Inc. boosted its stake in Assured Guaranty by 1.2% in the second quarter. Deprince Race & Zollo Inc. now owns 25,834 shares of the financial services provider’s stock worth $1,087,000 after purchasing an additional 300 shares in the last quarter. Aviance Capital Partners LLC boosted its stake in Assured Guaranty by 1.7% in the first quarter. Aviance Capital Partners LLC now owns 31,644 shares of the financial services provider’s stock worth $1,406,000 after purchasing an additional 524 shares in the last quarter. Neo Ivy Capital Management boosted its stake in Assured Guaranty by 79.0% in the second quarter. Neo Ivy Capital Management now owns 1,330 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 587 shares in the last quarter. Tyers Asset Management LLC boosted its stake in Assured Guaranty by 0.5% in the first quarter. Tyers Asset Management LLC now owns 121,712 shares of the financial services provider’s stock worth $5,408,000 after purchasing an additional 608 shares in the last quarter. Finally, Balasa Dinverno & Foltz LLC boosted its stake in Assured Guaranty by 1.1% in the second quarter. Balasa Dinverno & Foltz LLC now owns 63,385 shares of the financial services provider’s stock worth $2,667,000 after purchasing an additional 688 shares in the last quarter. 98.88% of the stock is currently owned by institutional investors.

A number of brokerages have weighed in on AGO. ValuEngine cut Assured Guaranty from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. UBS Group upped their price target on Assured Guaranty from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Monday. MKM Partners upped their price target on Assured Guaranty to $65.00 and gave the company a “buy” rating in a research report on Friday, May 10th. Finally, BTIG Research reiterated a “buy” rating and issued a $52.00 price target on shares of Assured Guaranty in a research report on Sunday, August 11th.

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.

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