Boston Partners raised its stake in shares of Assured Guaranty Ltd. (NYSE:AGO) by 6.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,406,876 shares of the financial services provider’s stock after acquiring an additional 83,099 shares during the quarter. Boston Partners’ holdings in Assured Guaranty were worth $47,651,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in Assured Guaranty by 962.5% during the second quarter. Tower Research Capital LLC TRC now owns 4,250 shares of the financial services provider’s stock valued at $177,000 after buying an additional 3,850 shares in the last quarter. Unison Advisors LLC bought a new position in Assured Guaranty during the fourth quarter valued at about $215,000. FineMark National Bank & Trust bought a new position in Assured Guaranty during the third quarter valued at about $259,000. State of Alaska Department of Revenue bought a new position in Assured Guaranty during the fourth quarter valued at about $237,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Assured Guaranty by 42.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,358 shares of the financial services provider’s stock valued at $249,000 after buying an additional 2,208 shares in the last quarter. Institutional investors own 96.47% of the company’s stock.

Assured Guaranty Ltd. (NYSE:AGO) opened at $35.06 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.56 and a quick ratio of 0.56. The company has a market capitalization of $4,120.00, a PE ratio of 5.04 and a beta of 1.43. Assured Guaranty Ltd. has a 12 month low of $32.97 and a 12 month high of $45.73.

Assured Guaranty declared that its board has approved a share repurchase program on Thursday, November 2nd that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Several equities analysts have weighed in on AGO shares. Keefe, Bruyette & Woods restated an “outperform” rating and set a $47.00 target price on shares of Assured Guaranty in a report on Wednesday, December 20th. ValuEngine lowered Assured Guaranty from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, BTIG Research reiterated a “buy” rating and issued a $50.00 price objective on shares of Assured Guaranty in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $48.00.

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About Assured Guaranty

Assured Guaranty Ltd. is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.

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

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