Assured Guaranty Ltd. (NYSE:AGO)‘s stock had its “buy” rating restated by analysts at MKM Partners in a research note issued to investors on Thursday.

Other research analysts have also recently issued reports about the company. BTIG Research reissued a “buy” rating and set a $49.00 price target on shares of Assured Guaranty in a research report on Friday, July 14th. BidaskClub raised Assured Guaranty from a “hold” rating to a “buy” rating in a research report on Friday, July 7th. UBS AG reissued a “buy” rating and set a $47.00 price target (down from $49.00) on shares of Assured Guaranty in a research report on Wednesday. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $42.00 price target on shares of Assured Guaranty in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $47.00.

Shares of Assured Guaranty (NYSE AGO) traded up 0.53% on Thursday, hitting $37.78. The company had a trading volume of 1,072,148 shares. The firm has a 50 day moving average of $41.23 and a 200-day moving average of $40.75. Assured Guaranty has a 12-month low of $28.03 and a 12-month high of $45.73. The firm has a market capitalization of $4.50 billion, a P/E ratio of 4.25 and a beta of 1.65.

Assured Guaranty (NYSE:AGO) last issued its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.16 EPS for the quarter, beating the consensus estimate of $0.72 by $0.44. Assured Guaranty had a return on equity of 16.00% and a net margin of 61.25%. The firm had revenue of $308.00 million during the quarter, compared to analysts’ expectations of $288.15 million. During the same period in the prior year, the firm posted $1.03 earnings per share. The business’s quarterly revenue was down 22.2% compared to the same quarter last year. On average, equities analysts predict that Assured Guaranty will post $4.89 EPS for the current year.

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A number of large investors have recently added to or reduced their stakes in the business. M Holdings Securities Inc. raised its stake in Assured Guaranty by 7.7% in the second quarter. M Holdings Securities Inc. now owns 203,759 shares of the financial services provider’s stock valued at $8,505,000 after buying an additional 14,594 shares during the period. 1st Global Advisors Inc. bought a new stake in Assured Guaranty in the second quarter valued at approximately $414,000. Verition Fund Management LLC raised its stake in Assured Guaranty by 145.9% in the second quarter. Verition Fund Management LLC now owns 22,634 shares of the financial services provider’s stock valued at $945,000 after buying an additional 13,431 shares during the period. 361 Capital LLC bought a new stake in Assured Guaranty in the second quarter valued at approximately $1,817,000. Finally, Tower Research Capital LLC TRC raised its stake in Assured Guaranty by 962.5% in 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 during the period. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Assured Guaranty Company Profile

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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