Live Price Coverage: Is Buying Assured Guaranty Ltd. Here a Winning Strategy?

Live Price Coverage: Is Buying Assured Guaranty Ltd. Here a Winning Strategy?

The stock of Assured Guaranty Ltd. (NYSE:AGO) reached all time high today, Nov, 22 and still has $37.34 target or 7.00% above today’s $34.90 share price. This indicates more upside for the $4.53 billion company. This technical setup was reported by Barchart.com. If the $37.34 PT is reached, the company will be worth $317.10 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 412,761 shares traded hands. Assured Guaranty Ltd. (NYSE:AGO) has risen 31.85% since April 20, 2016 and is uptrending. It has outperformed by 27.30% the S&P500.

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 Assured Guaranty Ltd. (NYSE:AGO) rating on Monday, November 9. Macquarie Research has “Outperform” rating and $33 price target. On Wednesday, August 12 the stock rating was downgraded by Zacks to “Buy”. M Partners maintained the shares of AGO in a report on Monday, November 16 with “Buy” rating. The stock has “Buy” rating given 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 0.98 in 2016 Q2. Its up 0.13, from 0.85 in 2016Q1. The ratio is positive, 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.
Elm Ridge Limited Liability Co has invested 4.77% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO). Moreover, Janus Capital Mgmt Ltd Company has 0% invested in Assured Guaranty Ltd. (NYSE:AGO) for 98,900 shares. Timessquare Management Limited Liability Corporation, a New York-based fund reported 3.12M shares. D E Shaw & has 468,251 shares for 0.02% of their US portfolio. Allianz Asset Ag reported 81,932 shares or 0% of all its holdings. Hsbc Public Limited Com holds 9,104 shares or 0% of its portfolio. Blackrock Japan last reported 41,782 shares in the company. Cap One Natl Association has 77,248 shares for 0.16% of their US portfolio. Massachusetts Fin Ma holds 0% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 128,364 shares. Nationwide Fund Advsrs holds 0.03% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 284,549 shares. Invesco Ltd accumulated 0.01% or 1.12 million shares. Ascend Capital Limited Liability Com holds 570,974 shares or 0.95% of its portfolio. Susquehanna Intl Gp Llp has 0% invested in the company for 167,932 shares. Tower Research Capital Lc (Trc) accumulated 209 shares or 0% of the stock. Pnc Financial Gru Inc last reported 0% of its portfolio in the stock.

Insider Transactions: Since May 23, 2016, the stock had 0 insider buys, and 1 insider sale for $512,000 net activity. 222 Assured Guaranty Ltd. (NYSE:AGO) shares with value of $6,019 were bought by BORGES FRANCISCO L. Albert Howard sold $512,000 worth of stock or 16,000 shares.

More important recent Assured Guaranty Ltd. (NYSE:AGO) news were published by: Businesswire.com which released: “Assured Guaranty Files Suit to Stop Puerto Rico’s “Clawback”” on January 08, 2016, also Moodys.com published article titled: “Moody’s affirms Assured Guaranty’s ratings; AGC’s outlook changed to stable”, Businesswire.com published: “Assured Guaranty Responds to Puerto Rico Governor’s Comment on Insurers’ Suit …” on January 11, 2016. More interesting news about Assured Guaranty Ltd. (NYSE:AGO) was released by: Businesswire.com and their article: “Assured Guaranty Ltd. to Report Third Quarter 2016 Financial Results on …” with publication date: October 20, 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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