What Next for Assured Guaranty Ltd. Stock After Today’s Bullish Options Activity?

 What Next for Assured Guaranty Ltd. Stock After Today's Bullish Options Activity?

In today’s session Assured Guaranty Ltd. (AGO) registered an unusually high (203) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious AGO increase. With 203 contracts traded and 264 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: AGO170421C00030000 closed last at: $1.25 or 8.8% down. About 598,032 shares traded hands. Assured Guaranty Ltd. (NYSE:AGO) has risen 11.60% since March 14, 2016 and is uptrending. It has outperformed by 5.99% 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. Assured Guaranty has been the topic of 4 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Assured Guaranty Ltd. (NYSE:AGO) earned “Buy” rating by UBS on Tuesday, November 10. The stock has “Buy” rating given by Zacks on Wednesday, August 12. M Partners maintained Assured Guaranty Ltd. (NYSE:AGO) rating on Monday, November 16. M Partners has “Buy” rating and $40 price target. The stock of Assured Guaranty Ltd. (NYSE:AGO) has “Outperform” rating given on Monday, November 9 by Macquarie Research.

According to Zacks Investment Research, “Assured Guaranty is a Bermuda-based holding company providing credit enhancement products to the municipal finance, structured finance and mortgage markets.”

Insitutional Activity: The institutional sentiment increased to 0.85 in 2016 Q2. Its up 0.06, from 0.79 in 2016Q1. The ratio improved, 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.
The New York-based Cullen Cap Limited Liability Corporation has invested 0.01% in Assured Guaranty Ltd. (NYSE:AGO). Creative Planning holds 0% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 21,963 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 4,168 shares or 0% of the stock. Peak6 Ltd Partnership owns 12,576 shares or 0% of their US portfolio. Sei Invs reported 5,937 shares or 0% of all its holdings. Analytic Investors Ltd Liability Com last reported 523,351 shares in the company. State Board Of Administration Of Florida Retirement Sys reported 214,832 shares or 0.02% of all its holdings. Millennium Limited Liability Corporation holds 0% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 13,674 shares. State Of Wisconsin Invest Board holds 86,683 shares or 0.01% of its portfolio. Midas Mngmt holds 0.72% or 50,000 shares in its portfolio. Ladenburg Thalmann holds 0% or 369 shares in its portfolio. State Street Corporation holds 0.01% or 2.33 million shares in its portfolio. The New York-based Venor Capital Management Ltd Partnership has invested 5.13% in Assured Guaranty Ltd. (NYSE:AGO). Moreover, Ejf Capital Limited Liability has 1.19% invested in Assured Guaranty Ltd. (NYSE:AGO) for 500,000 shares. The New York-based Seawolf Cap Limited Liability Company has invested 1.67% in Assured Guaranty Ltd. (NYSE:AGO).

Insider Transactions: Since May 13, 2016, the stock had 2 insider buys, and 0 selling transactions for $332,319 net activity. 222 shares were bought by BORGES FRANCISCO L, worth $6,019. FREDERICO DOMINIC bought 13,000 shares worth $326,300.

Assured Guaranty Ltd. is a holding company. The company has a market cap of $3.85 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 5.36 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).

AGO Company Profile

Assured Guaranty Ltd., incorporated on August 21, 2003, is a holding company. The Firm provides, through its subsidiaries, credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. The Firm 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 through the companies, including 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).

More notable recent Assured Guaranty Ltd. (NYSE:AGO) news were published by: Moodys.com which released: “Moody’s affirms Assured Guaranty’s ratings; AGC’s outlook changed to stable” on August 09, 2016, also Businesswire.com with their article: “Assured Guaranty Ltd. Reports Results for Second Quarter 2016” published on August 03, 2016, Businesswire.com published: “Assured Guaranty Ltd. to Report Second Quarter 2016 Financial Results on …” on July 21, 2016. More interesting news about Assured Guaranty Ltd. (NYSE:AGO) were released by: Businesswire.com and their article: “Assured Guaranty Files Suit to Stop Puerto Rico’s “Clawback”” published on January 08, 2016 as well as Businesswire.com‘s news article titled: “Assured Guaranty Responds to Puerto Rico Governor’s Comment on Insurers’ Suit …” with publication date: January 11, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment