Balasa Dinverno Foltz buys $1.8 Million stake in Assured Guaranty Ltd. (AGO)

Assured Guaranty Ltd. (AGO) : Balasa Dinverno Foltz scooped up 8,211 additional shares in Assured Guaranty Ltd. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 72,752 shares of Assured Guaranty Ltd. which is valued at $1.8 Million.Assured Guaranty Ltd. makes up approximately 0.33% of Balasa Dinverno Foltz’s portfolio.

Other Hedge Funds, Including , Amalgamated Bank boosted its stake in AGO in the latest quarter, The investment management firm added 1,286 additional shares and now holds a total of 16,447 shares of Assured Guaranty Ltd. which is valued at $412,984. Assured Guaranty Ltd. makes up approx 0.04% of Amalgamated Bank’s portfolio.State Of Wisconsin Investment Board reduced its stake in AGO by selling 4,510 shares or 4.39% in the most recent quarter. The Hedge Fund company now holds 98,183 shares of AGO which is valued at $2.6 Million. Assured Guaranty Ltd. makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio.Capital Fund Management S.a. reduced its stake in AGO by selling 82,301 shares or 23.08% in the most recent quarter. The Hedge Fund company now holds 274,242 shares of AGO which is valued at $7.2 Million. Assured Guaranty Ltd. makes up approx 0.12% of Capital Fund Management S.a.’s portfolio.

Assured Guaranty Ltd. opened for trading at $25.21 and hit $25.38 on the upside on Monday, eventually ending the session at $25.05, with a gain of 0.28% or 0.07 points. The heightened volatility saw the trading volume jump to 5,13,869 shares. Company has a market cap of $3,366 M.

On the company’s financial health, Assured Guaranty Ltd. reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.64. The company had revenue of $322.00 million for the quarter, compared to analysts expectations of $278.08 million. The company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.

Assured Guaranty Ltd. is a holding company. The Company provides through its operating subsidiaries credit protection products to the United States and international public finance including infrastructure and structured finance markets. The Company markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities as well as to investors. It conducts its financial guaranty business on a direct basis from the following companies: Assured Guaranty Municipal Corp. (AGM) Municipal Assurance Corp. (MAC) Assured Guaranty Corp. (AGC) Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty Re Ltd. (AG Re). The Company insures obligations issued in the United States. It also offers credit protection through reinsurance. The Company insures and reinsures various types of United States public finance obligations and various non-United States public finance obligations.

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