Assenagon Asset Management S.A. Has $9.86 Million Stock Position in Assurant, Inc. $AIZ

Assenagon Asset Management S.A. increased its holdings in shares of Assurant, Inc. (NYSE:AIZ) by 32.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 45,514 shares of the financial services provider’s stock after buying an additional 11,221 shares during the quarter. Assenagon Asset Management S.A. owned 0.09% of Assurant worth $9,858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AIZ. National Wealth Management Group LLC lifted its holdings in shares of Assurant by 9.8% in the second quarter. National Wealth Management Group LLC now owns 2,439 shares of the financial services provider’s stock worth $482,000 after acquiring an additional 218 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Assurant by 1,749.5% in the 2nd quarter. Osaic Holdings Inc. now owns 49,049 shares of the financial services provider’s stock valued at $10,265,000 after purchasing an additional 46,397 shares during the last quarter. Orion Porfolio Solutions LLC lifted its stake in Assurant by 21.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 13,383 shares of the financial services provider’s stock valued at $2,643,000 after purchasing an additional 2,351 shares during the last quarter. State of Wyoming acquired a new stake in Assurant in the second quarter valued at approximately $143,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Assurant during the second quarter worth $27,000. Institutional investors own 92.65% of the company’s stock.

Key Assurant News

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Earnings beat and partnership news drove upside — Assurant reported results that beat expectations and announced new partnerships that expand its protection programs, a direct revenue and growth catalyst for the business. Assurant (AIZ) Is Up 6.3% After Earnings Beat And New Partnerships Boost Protection Programs – Has The Bull Case Changed?
• Positive Sentiment: Zacks raised several longer‑term and full‑year estimates — analysts increased FY2025 and FY2027 EPS forecasts and lifted Q4 2025 and Q3 2027 quarter estimates, signaling improved longer‑term earnings visibility that supports valuation upside and investor sentiment.
• Positive Sentiment: Analyst consensus tilting favorable — a recent note summarized consensus as a “Moderate Buy,” which can attract demand from investors tracking analyst sentiment. Assurant, Inc. (NYSE:AIZ) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Valuation review after a multi‑year run — coverage assessing Assurant’s valuation may prompt investors to reevaluate upside versus recent gains; useful for longer‑term positioning but not an immediate catalyst. Assessing Assurant (AIZ) Valuation After a Steady Multi-Year Share Price Climb
• Neutral Sentiment: Discussion of relative performance — commentary that questions whether AIZ is underperforming broader indices may keep some traders cautious but is not a direct company development. Is Assurant stock underperforming the Nasdaq?
• Negative Sentiment: Near‑term estimate trims from Zacks — analysts cut Q1 2026 and Q2 2027 EPS forecasts marginally, indicating some short‑term pressure or conservatism on near‑term results; that can limit further re‑rating until clarity on upcoming quarters arrives.

Insider Buying and Selling

In other Assurant news, CEO Keith Demmings sold 13,725 shares of the stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $220.52, for a total transaction of $3,026,637.00. Following the completion of the sale, the chief executive officer directly owned 84,647 shares in the company, valued at approximately $18,666,356.44. This trade represents a 13.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on AIZ. Morgan Stanley increased their price target on Assurant from $232.00 to $248.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Assurant in a research note on Monday, December 15th. Truist Financial set a $255.00 price objective on Assurant in a research note on Wednesday, October 29th. Zacks Research downgraded shares of Assurant from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 17th. Finally, Piper Sandler boosted their target price on shares of Assurant from $252.00 to $264.00 and gave the stock an “overweight” rating in a report on Friday. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $252.67.

Assurant Price Performance

Assurant stock opened at $238.95 on Friday. The stock’s 50 day moving average is $221.72 and its 200 day moving average is $209.75. Assurant, Inc. has a one year low of $174.97 and a one year high of $240.58. The firm has a market cap of $11.97 billion, a P/E ratio of 14.54 and a beta of 0.57. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.40 and a quick ratio of 0.40.

Assurant (NYSE:AIZ) last released its quarterly earnings results on Thursday, March 24th. The financial services provider reported $1.80 earnings per share (EPS) for the quarter. The firm had revenue of $2.42 billion during the quarter. Assurant had a net margin of 6.75% and a return on equity of 18.61%. Assurant has set its FY 2022 guidance at $13.062-$13.512 EPS. As a group, research analysts expect that Assurant, Inc. will post 16.88 EPS for the current year.

Assurant Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Monday, December 1st will be issued a $0.88 dividend. The ex-dividend date is Monday, December 1st. This is a positive change from Assurant’s previous quarterly dividend of $0.80. This represents a $3.52 annualized dividend and a yield of 1.5%. Assurant’s dividend payout ratio (DPR) is presently 21.42%.

About Assurant

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.