Mackenzie Financial Corp lifted its holdings in shares of Assured Guaranty Ltd. (NYSE:AGO) by 78.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 485,807 shares of the financial services provider’s stock after buying an additional 213,790 shares during the period. Mackenzie Financial Corp owned about 0.46% of Assured Guaranty worth $18,597,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Penserra Capital Management LLC acquired a new position in shares of Assured Guaranty during the 4th quarter worth $30,000. Parkside Financial Bank & Trust raised its holdings in shares of Assured Guaranty by 20.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,810 shares of the financial services provider’s stock worth $69,000 after buying an additional 307 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Assured Guaranty during the 4th quarter worth $95,000. Private Advisor Group LLC acquired a new position in shares of Assured Guaranty during the 3rd quarter worth $222,000. Finally, Moody Aldrich Partners LLC acquired a new position in shares of Assured Guaranty during the 3rd quarter worth $248,000. 96.03% of the stock is owned by institutional investors.

Separately, ValuEngine upgraded Assured Guaranty from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.

In related news, insider Stephen Donnarumma sold 4,713 shares of the business’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $41.83, for a total transaction of $197,144.79. Following the sale, the insider now owns 83,322 shares in the company, valued at approximately $3,485,359.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.54% of the company’s stock.

Shares of AGO stock opened at $40.88 on Tuesday. The firm has a market cap of $4.32 billion, a P/E ratio of 9.63 and a beta of 1.09. Assured Guaranty Ltd. has a twelve month low of $34.08 and a twelve month high of $43.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.49 and a current ratio of 0.49.

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Assured Guaranty Company Profile

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers 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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