Today’s Price Action: Is Buying Assured Guaranty Ltd. Here a Winning Strategy?

Today's Price Action: Is Buying Assured Guaranty Ltd. Here a Winning Strategy?

The stock of Assured Guaranty Ltd. (NYSE:AGO) is a huge mover today! About 1.47 million shares traded hands or 100.57% up from the average. Assured Guaranty Ltd. (NYSE:AGO) has risen 18.34% since April 4, 2016 and is uptrending. It has outperformed by 17.25% the S&P500.
The move comes after 8 months positive chart setup for the $4.17 billion company. It was reported on Nov, 4 by Barchart.com. We have $46.75 PT which if reached, will make NYSE:AGO worth $1.96B more.

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. Macquarie Research maintained the shares of AGO in a report on Monday, November 9 with “Outperform” rating. M Partners maintained the shares of AGO in a report on Monday, November 16 with “Buy” rating. The firm has “Buy” rating by Zacks given on Wednesday, August 12. The stock of Assured Guaranty Ltd. (NYSE:AGO) earned “Buy” rating by UBS on Tuesday, November 10.

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 Q2 2016. 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.
Blackrock Grp Incorporated holds 0.01% or 509,183 shares in its portfolio. The Pennsylvania-based Glenmede Tru Na has invested 0.01% in Assured Guaranty Ltd. (NYSE:AGO). The Connecticut-based Aqr Cap Mngmt Lc has invested 0.09% in Assured Guaranty Ltd. (NYSE:AGO). Tiaa Cref Fsb Mo has 0.01% invested in the company for 61,491 shares. Moreover, Deutsche Bank Ag has 0% invested in Assured Guaranty Ltd. (NYSE:AGO) for 103,583 shares. Tci Wealth owns 150 shares or 0% of their US portfolio. Leuthold Gp Ltd Llc has 0.13% invested in the company for 48,330 shares. Farmers Merchants Invests holds 0% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 35 shares. Susquehanna Intll Group Llp has 0% invested in the company for 167,932 shares. Blackrock Institutional Trust Na, a California-based fund reported 3.80 million shares. The New York-based Tiaa Cref Mngmt has invested 0.01% in Assured Guaranty Ltd. (NYSE:AGO). Cipher Cap L P last reported 0.35% of its portfolio in the stock. Parkside Bancorp Trust owns 1,593 shares or 0.02% of their US portfolio. Lpl Finance Ltd accumulated 17,710 shares or 0% of the stock. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Assured Guaranty Ltd. (NYSE:AGO).

Insider Transactions: Since May 13, 2016, the stock had 2 insider purchases, and 0 insider sales for $332,319 net activity. 222 Assured Guaranty Ltd. (NYSE:AGO) shares with value of $6,019 were bought by BORGES FRANCISCO L. FREDERICO DOMINIC bought 13,000 shares worth $326,300.

More notable recent Assured Guaranty Ltd. (NYSE:AGO) news were published by: Businesswire.com which released: “Assured Guaranty Ltd. Declares Quarterly Dividend of $0.13 Per Common Share” on November 02, 2016, also Seekingalpha.com with their article: “Assured Guaranty on the move after Q3 results” published on November 04, 2016, Businesswire.com published: “Assured Guaranty Files Suit to Stop Puerto Rico’s “Clawback”” on January 08, 2016. More interesting news about Assured Guaranty Ltd. (NYSE:AGO) were released by: Businesswire.com and their article: “Assured Guaranty Ltd. Reports Results for Second Quarter 2016” published on August 03, 2016 as well as Moodys.com‘s news article titled: “Moody’s affirms Assured Guaranty’s ratings; AGC’s outlook changed to stable” with publication date: August 09, 2016.

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).

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