Assured Guaranty Ltd. (NYSE:AGO) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in Assured Guaranty Ltd. (NYSE:AGO) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,106 shares of the financial services provider’s stock after acquiring an additional 462 shares during the period. Natixis Advisors LLC’s holdings in Assured Guaranty were worth $2,080,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new position in shares of Assured Guaranty in the fourth quarter valued at approximately $25,000. True Wealth Design LLC acquired a new position in Assured Guaranty in the 3rd quarter valued at $38,000. EverSource Wealth Advisors LLC lifted its stake in shares of Assured Guaranty by 46.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 471 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 149 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of Assured Guaranty by 100.6% in the fourth quarter. Venturi Wealth Management LLC now owns 684 shares of the financial services provider’s stock valued at $62,000 after acquiring an additional 343 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in shares of Assured Guaranty during the fourth quarter worth about $97,000. 92.22% of the stock is owned by hedge funds and other institutional investors.

Assured Guaranty Price Performance

Shares of NYSE:AGO opened at $87.71 on Tuesday. Assured Guaranty Ltd. has a 52 week low of $72.57 and a 52 week high of $96.50. The company has a 50-day moving average price of $90.05 and a 200 day moving average price of $87.57. The company has a market cap of $4.39 billion, a P/E ratio of 6.82 and a beta of 1.11. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.29.

Assured Guaranty (NYSE:AGO) last posted its quarterly earnings results on Thursday, February 27th. The financial services provider reported $1.27 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.07). Assured Guaranty had a net margin of 70.37% and a return on equity of 11.58%. The business had revenue of $199.00 million during the quarter, compared to analyst estimates of $199.56 million. Research analysts predict that Assured Guaranty Ltd. will post 7.3 earnings per share for the current year.

Assured Guaranty Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend was Wednesday, March 5th. This is an increase from Assured Guaranty’s previous quarterly dividend of $0.31. Assured Guaranty’s dividend payout ratio (DPR) is currently 19.94%.

Assured Guaranty Company Profile

Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It operates through two segments: Insurance and Asset Management. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.