Assurant (AIZ) : Fdo Partners added new position in Assurant during the most recent quarter end. The investment management firm now holds 20,056 shares of Assurant which is valued at $1,745,073 , the company said in a statement filed on May 10, 2016 with the SEC.Assurant makes up approximately 1.13% of Fdo Partners’s portfolio.
Other Hedge Funds, Including , Gideon Capital Advisors sold out all of its stake in AIZ during the most recent quarter. The investment firm sold 13,637 shares of AIZ which is valued $1,186,555.Ghp Investment Advisors boosted its stake in AIZ in the latest quarter, The investment management firm added 166 additional shares and now holds a total of 4,631 shares of Assurant which is valued at $402,943. Assurant makes up approx 0.08% of Ghp Investment Advisors’s portfolio.State Board Of Administration Of Florida Retirement System reduced its stake in AIZ by selling 2,340 shares or 2.68% in the most recent quarter. The Hedge Fund company now holds 85,088 shares of AIZ which is valued at $7,348,200. Assurant makes up approx 0.03% of State Board Of Administration Of Florida Retirement System’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in AIZ by selling 3 shares or 0.02% in the most recent quarter. The Hedge Fund company now holds 17,307 shares of AIZ which is valued at $1,463,653. Assurant makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.Quadrant Capital Group reduced its stake in AIZ by selling 2 shares or 0.26% in the most recent quarter. The Hedge Fund company now holds 765 shares of AIZ which is valued at $64,696. Assurant makes up approx 0.04% of Quadrant Capital Group’s portfolio.
Assurant opened for trading at $86.93 and hit $87.76 on the upside on Monday, eventually ending the session at $87.37, with a gain of 0.41% or 0.36 points. The heightened volatility saw the trading volume jump to 3,28,775 shares. Company has a market cap of $5,411 M.
On the company’s financial health, Assurant reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.31 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $1.21. The company had revenue of $2147.50 million for the quarter, compared to analysts expectations of $1878.93 million. The company’s revenue was down -17.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.63 EPS.
Assurant Inc. (Assurant) is a provider of insurance products and related services which operates in North America Latin America Europe and across the world. The Company operates in four segments: Assurant Solution Assurant Specialty Property Assurant Health and Assurant Employee Benefits. Assurant Solutions provides mobile device protection debt protection administration credit-related insurance warranties and service contracts and pre-funded funeral insurance. Assurant Specialty Property provides lender-placed homeowners insurance renters insurance and related products and manufactured housing homeowners insurance. Assurant Health provides individual health and small employer group health insurance. Assurant Employee Benefits primarily provides group dental insurance group disability insurance and group life insurance.