Assured Guaranty Ltd. (NYSE:AGO) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its position in shares of Assured Guaranty Ltd. (NYSE:AGO) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 903,270 shares of the financial services provider’s stock after buying an additional 97,091 shares during the period. American Century Companies Inc. owned 1.77% of Assured Guaranty worth $81,303,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AGO. EverSource Wealth Advisors LLC grew its position in shares of Assured Guaranty by 46.3% during the fourth 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 last quarter. True Wealth Design LLC acquired a new stake in Assured Guaranty during the 3rd quarter worth $38,000. Venturi Wealth Management LLC grew its position in Assured Guaranty by 100.6% during the 4th 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 last quarter. Heck Capital Advisors LLC acquired a new position in Assured Guaranty in the fourth quarter valued at $97,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of Assured Guaranty by 1,794.9% in the fourth quarter. Jones Financial Companies Lllp now owns 1,497 shares of the financial services provider’s stock valued at $135,000 after buying an additional 1,418 shares during the last quarter. Hedge funds and other institutional investors own 92.22% of the company’s stock.

Assured Guaranty Stock Performance

NYSE AGO opened at $87.71 on Tuesday. The firm has a market cap of $4.39 billion, a P/E ratio of 6.82 and a beta of 1.11. Assured Guaranty Ltd. has a 52-week low of $72.57 and a 52-week high of $96.50. The business’s 50-day moving average price is $90.05 and its 200 day moving average price is $87.57. 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 data 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 company had revenue of $199.00 million for 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%. On average, equities research analysts expect that Assured Guaranty Ltd. will post 7.3 earnings per share for the current year.

Assured Guaranty Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.55%. This is a positive change from Assured Guaranty’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, March 5th. Assured Guaranty’s dividend payout ratio (DPR) is 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.