Gideon Capital Advisors Inc. Takes Position in Assured Guaranty Ltd. (AGO)

Gideon Capital Advisors Inc. acquired a new stake in Assured Guaranty Ltd. (NYSE:AGO) during the fourth quarter, Holdings Channel reports. The firm acquired 15,006 shares of the company’s stock, valued at approximately $567,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Elkfork Partners LLC acquired a new position in Assured Guaranty during the fourth quarter valued at $1,539,000. Thornburg Investment Management Inc. raised its position in Assured Guaranty by 7.8% in the fourth quarter. Thornburg Investment Management Inc. now owns 1,146,859 shares of the company’s stock valued at $43,317,000 after buying an additional 82,568 shares during the period. Dimensional Fund Advisors LP raised its position in Assured Guaranty by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,151,787 shares of the company’s stock valued at $156,817,000 after buying an additional 49,213 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Assured Guaranty by 2.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 9,398 shares of the company’s stock valued at $355,000 after buying an additional 247 shares during the period. Finally, State Street Corp raised its position in Assured Guaranty by 1.6% in the fourth quarter. State Street Corp now owns 2,315,607 shares of the company’s stock valued at $87,465,000 after buying an additional 35,445 shares during the period. 96.28% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Assured Guaranty (NYSE:AGO)

Shares of Assured Guaranty Ltd. (NYSE:AGO) traded up 1.15% during mid-day trading on Tuesday, hitting $41.27. The stock had a trading volume of 952,048 shares. The stock’s 50-day moving average is $39.47 and its 200 day moving average is $32.93. Assured Guaranty Ltd. has a 1-year low of $23.34 and a 1-year high of $41.29. The firm has a market capitalization of $5.38 billion, a price-to-earnings ratio of 5.07 and a beta of 1.82.

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Several research analysts have recently weighed in on the company. MKM Partners reissued a “buy” rating and issued a $50.00 price objective (up from $45.00) on shares of Assured Guaranty in a research report on Thursday, January 12th. BTIG Research set a $35.00 target price on Assured Guaranty and gave the company a “buy” rating in a research note on Monday, October 24th.

Assured Guaranty Company Profile

Assured Guaranty Ltd. is a holding company. The Company provides, through its subsidiaries, credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It conducts its financial guaranty business on a direct basis through the companies, including Assured Guaranty Municipal Corp.

5 Day Chart for NYSE:AGO

Want to see what other hedge funds are holding AGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Assured Guaranty Ltd. (NYSE:AGO).

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