Assured Guaranty Ltd. Is a Buy; Strong Momentum from Option Traders


 Assured Guaranty Ltd. Is a Buy; Strong Momentum from Option Traders

In today’s session Assured Guaranty Ltd. (AGO) registered an unusually high (1,026) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious AGO increase. With 1,026 contracts traded and 28634 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: AGO170120C00030000 closed last at: $0.51 or 2% up. About 600,653 shares traded hands. Assured Guaranty Ltd. (NYSE:AGO) has risen 8.96% since March 1, 2016 and is uptrending. It has underperformed by 0.28% the S&P500.

Analysts await Assured Guaranty Ltd. (NYSE:AGO) to report earnings on November, 3.

Assured Guaranty Ltd. (NYSE:AGO) Ratings Coverage

Out of 3 analysts covering Assured Guaranty (NYSE:AGO), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $40 is the highest target while $33 is the lowest. The $35.33 average target is 28.85% above today’s ($27.42) stock price. Assured Guaranty has been the topic of 4 analyst reports since August 12, 2015 according to StockzIntelligence Inc. M Partners maintained it with “Buy” rating and $40 target price in Monday, November 16 report. The firm earned “Buy” rating on Tuesday, November 10 by UBS. On Wednesday, August 12 the stock rating was downgraded by Zacks to “Buy”. The rating was maintained by Macquarie Research with “Outperform” on Monday, November 9.

Insitutional Activity: The institutional sentiment increased to 0.85 in Q2 2016. Its up 0.06, from 0.79 in 2016Q1. The ratio is positive, as 28 funds sold all Assured Guaranty Ltd. shares owned while 96 reduced positions. 24 funds bought stakes while 82 increased positions. They now own 113.29 million shares or 12.18% less from 129.00 million shares in 2016Q1.
Federated Invsts Pa holds 247,520 shares or 0.02% of its portfolio. Rocky Mountain Advisers owns 230 shares or 0.03% of their US portfolio. Connor Clark Lunn Management Ltd has 0.08% invested in the company for 431,725 shares. The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0.02% in Assured Guaranty Ltd. (NYSE:AGO). Fmr Ltd Com reported 119,092 shares or 0% of all its holdings. Jefferies Grp Ltd Liability Corp holds 0% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 115 shares. Amp Capital Investors has 0% invested in the company for 14,184 shares. Trexquant L P accumulated 0.06% or 18,734 shares. Massachusetts Comm Ma holds 0% or 128,364 shares in its portfolio. Moreover, Ascend Cap Limited Liability Company has 0.95% invested in Assured Guaranty Ltd. (NYSE:AGO) for 570,974 shares. Lpl Limited Liability Corporation holds 0% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 17,710 shares. Boston Partners holds 1.20 million shares or 0.04% of its portfolio. American International Group has 4,453 shares for 0% of their US portfolio. Fifth Third National Bank holds 2,028 shares or 0% of its portfolio. D E Shaw Co Inc holds 468,251 shares or 0.02% of its portfolio.

Insider Transactions: Since May 13, 2016, the stock had 2 buys, and 0 sales for $332,319 net activity. Shares for $326,300 were bought by FREDERICO DOMINIC. BORGES FRANCISCO L had bought 222 shares worth $6,019 on Monday, May 23.

Assured Guaranty Ltd. is a holding company. The company has a market cap of $3.66 billion. The Firm provides, through its subsidiaries, credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It has a 5.14 P/E ratio. It conducts its financial guaranty business on a direct basis through the companies, including Assured Guaranty Municipal Corp. , Municipal Assurance Corp. (MAC), Assured Guaranty Corp. (AGC), Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty Re Ltd. (AG Re).

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