Assured Guaranty (NYSE:AGO) Rating Lowered to Sell at StockNews.com

Assured Guaranty (NYSE:AGO – Get Rating) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Friday.

A number of other analysts have also recently commented on AGO. Roth Capital restated a “buy” rating on shares of Assured Guaranty in a research report on Wednesday. Compass Point initiated coverage on Assured Guaranty in a research report on Monday, November 28th. They issued a “buy” rating and a $84.00 price objective for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Assured Guaranty presently has a consensus rating of “Hold” and an average target price of $74.00.

Assured Guaranty Stock Down 1.4 %

Assured Guaranty stock opened at $59.51 on Friday. The stock has a market capitalization of $3.51 billion, a PE ratio of 30.68 and a beta of 1.12. Assured Guaranty has a 12 month low of $45.91 and a 12 month high of $67.13. The business has a 50 day simple moving average of $61.76 and a 200-day simple moving average of $58.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.70 and a quick ratio of 0.80.

Institutional Trading of Assured Guaranty

Several large investors have recently made changes to their positions in AGO. Lazard Asset Management LLC acquired a new position in Assured Guaranty during the fourth quarter worth $27,000. Assetmark Inc. boosted its stake in Assured Guaranty by 109.8% during the second quarter. Assetmark Inc. now owns 470 shares of the financial services provider’s stock worth $26,000 after buying an additional 246 shares during the last quarter. Quantbot Technologies LP acquired a new position in Assured Guaranty during the first quarter worth $30,000. TCI Wealth Advisors Inc. lifted its stake in shares of Assured Guaranty by 59.8% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 532 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 199 shares during the last quarter. Finally, National Bank of Canada FI acquired a new position in shares of Assured Guaranty in the 4th quarter valued at $33,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.

About Assured Guaranty

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Assured Guaranty Ltd. is a holding company, which engages in the provision of credit protection products to the U.S. and international public finance, and structured finance markets through its subsidiaries. It operates through the following segments: Insurance and Asset Management. The Insurance segment includes the company’s domestic and foreign insurance subsidiaries and their wholly-owned subsidiaries that provide credit protection products to the U.S.