Key Points
- Major shareholder Guaranty Ltd Assured sold 4,562 shares of Assured Guaranty on Jan. 27 at an average price of $14.31 for $65,282.22, leaving it with 5,269,690 shares (a 0.09% reduction); the transaction was disclosed on an SEC Form 4.
- The investor has made several small, recent dispositions — including trades on Jan. 12, 13, 14, 23 and Nov. 17 — totaling 10,566 shares sold for roughly $153,000 across the listed transactions.
- Assured Guaranty has a market cap of about $3.8 billion, a P/E of 10.3, recently beat quarterly EPS estimates ($2.57 vs. $1.54), pays an annualized dividend of $1.36 (≈1.6% yield), and carries a consensus analyst target of $101 ("Moderate Buy").
Assured Guaranty Ltd. (NYSE:AGO - Get Free Report) major shareholder Guaranty Ltd Assured sold 4,562 shares of the company's stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $14.31, for a total transaction of $65,282.22. Following the transaction, the insider owned 5,269,690 shares in the company, valued at $75,409,263.90. This represents a 0.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Guaranty Ltd Assured also recently made the following trade(s):
- On Friday, January 23rd, Guaranty Ltd Assured sold 305 shares of Assured Guaranty stock. The shares were sold at an average price of $14.29, for a total value of $4,358.45.
- On Wednesday, January 14th, Guaranty Ltd Assured sold 1,650 shares of Assured Guaranty stock. The shares were sold at an average price of $14.48, for a total value of $23,892.00.
- On Tuesday, January 13th, Guaranty Ltd Assured sold 165 shares of Assured Guaranty stock. The stock was sold at an average price of $14.50, for a total value of $2,392.50.
- On Monday, January 12th, Guaranty Ltd Assured sold 3,782 shares of Assured Guaranty stock. The shares were sold at an average price of $14.72, for a total value of $55,671.04.
- On Monday, November 17th, Guaranty Ltd Assured sold 102 shares of Assured Guaranty stock. The stock was sold at an average price of $16.40, for a total value of $1,672.80.
Assured Guaranty Stock Performance
NYSE AGO opened at $83.01 on Wednesday. The company has a market cap of $3.83 billion, a P/E ratio of 10.30 and a beta of 0.91. The company has a fifty day simple moving average of $88.74 and a 200 day simple moving average of $85.01. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.30. Assured Guaranty Ltd. has a 12-month low of $74.09 and a 12-month high of $96.50.
Assured Guaranty (NYSE:AGO - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The financial services provider reported $2.57 earnings per share for the quarter, beating analysts' consensus estimates of $1.54 by $1.03. The firm had revenue of $207.00 million for the quarter, compared to analyst estimates of $196.76 million. Assured Guaranty had a net margin of 40.65% and a return on equity of 7.09%. The business's quarterly revenue was down 23.0% compared to the same quarter last year. During the same period last year, the firm earned $2.42 earnings per share. Sell-side analysts predict that Assured Guaranty Ltd. will post 7.3 earnings per share for the current fiscal year.
Assured Guaranty Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th were paid a dividend of $0.34 per share. The ex-dividend date was Wednesday, November 19th. This represents a $1.36 dividend on an annualized basis and a yield of 1.6%. Assured Guaranty's payout ratio is 16.87%.
Institutional Investors Weigh In On Assured Guaranty
Several large investors have recently made changes to their positions in AGO. Salomon & Ludwin LLC purchased a new position in shares of Assured Guaranty in the 3rd quarter worth about $25,000. Cullen Frost Bankers Inc. purchased a new stake in Assured Guaranty during the second quarter worth about $30,000. SJS Investment Consulting Inc. raised its position in Assured Guaranty by 3,391.7% in the third quarter. SJS Investment Consulting Inc. now owns 419 shares of the financial services provider's stock worth $35,000 after acquiring an additional 407 shares during the period. Quarry LP purchased a new position in Assured Guaranty in the third quarter valued at about $44,000. Finally, Bayforest Capital Ltd bought a new position in shares of Assured Guaranty during the 3rd quarter valued at approximately $47,000. 92.22% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
AGO has been the topic of a number of recent research reports. Wall Street Zen upgraded Assured Guaranty from a "sell" rating to a "hold" rating in a report on Saturday, November 8th. Weiss Ratings reissued a "buy (b)" rating on shares of Assured Guaranty in a research report on Monday, December 29th. Keefe, Bruyette & Woods raised their price objective on Assured Guaranty from $105.00 to $108.00 and gave the company an "outperform" rating in a research note on Wednesday, November 19th. UBS Group lifted their price objective on shares of Assured Guaranty from $92.00 to $94.00 and gave the stock a "neutral" rating in a report on Monday, November 17th. Finally, Zacks Research upgraded shares of Assured Guaranty from a "strong sell" rating to a "hold" rating in a report on Tuesday, October 7th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $101.00.
Get Our Latest Stock Report on Assured Guaranty
About Assured Guaranty
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Assured Guaranty Ltd is a Bermuda-domiciled provider of financial guaranty insurance and reinsurance products serving public finance, infrastructure and structured finance markets. The company's primary business activity is credit enhancement, whereby it guarantees the timely payment of principal and interest on debt obligations issued by municipal and infrastructure entities. By combining rigorous risk assessment with active portfolio management, Assured Guaranty helps issuers access capital at more attractive rates while protecting investors against credit events.
In its public finance segment, the company underwrites municipal bond insurance for state and local governments, public-private partnerships and essential infrastructure projects.
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