Fox Run Management L.L.C. Has $901,000 Holdings in Assured Guaranty Ltd. (NYSE:AGO)

Fox Run Management L.L.C. boosted its stake in Assured Guaranty Ltd. (NYSE:AGO) by 75.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,008 shares of the financial services provider’s stock after purchasing an additional 4,295 shares during the quarter. Fox Run Management L.L.C.’s holdings in Assured Guaranty were worth $901,000 as of its most recent SEC filing.

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

Assured Guaranty Stock Performance

Shares of AGO stock opened at $85.52 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29. The firm has a fifty day simple moving average of $90.03 and a two-hundred day simple moving average of $87.45. Assured Guaranty Ltd. has a 12 month low of $72.57 and a 12 month high of $96.50. The firm has a market capitalization of $4.28 billion, a PE ratio of 6.64 and a beta of 1.11.

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

Assured Guaranty Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a dividend of $0.34 per share. This is a boost from Assured Guaranty’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, March 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.59%. Assured Guaranty’s payout ratio is presently 19.94%.

Assured Guaranty 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.