Osaic Holdings Inc. Grows Stock Holdings in Assurant, Inc. $AIZ

Osaic Holdings Inc. raised its stake in shares of Assurant, Inc. (NYSE:AIZ) by 1,749.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,049 shares of the financial services provider’s stock after acquiring an additional 46,397 shares during the period. Osaic Holdings Inc.’s holdings in Assurant were worth $10,265,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in AIZ. Norges Bank acquired a new position in shares of Assurant in the second quarter valued at approximately $131,300,000. Qube Research & Technologies Ltd grew its position in Assurant by 482.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 621,830 shares of the financial services provider’s stock valued at $122,805,000 after buying an additional 515,127 shares during the last quarter. Jupiter Asset Management Ltd. grew its position in Assurant by 1,222.0% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 356,064 shares of the financial services provider’s stock valued at $70,319,000 after buying an additional 329,131 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Assurant by 8.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 4,051,114 shares of the financial services provider’s stock valued at $800,054,000 after buying an additional 310,455 shares during the period. Finally, Adage Capital Partners GP L.L.C. raised its position in Assurant by 205.5% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 216,440 shares of the financial services provider’s stock worth $42,745,000 after buying an additional 145,600 shares during the last quarter. 92.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Keith Demmings sold 13,725 shares of the business’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $220.52, for a total value of $3,026,637.00. Following the sale, the chief executive officer directly owned 84,647 shares in the company, valued at $18,666,356.44. The trade was a 13.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.51% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AIZ has been the topic of several analyst reports. UBS Group lifted their target price on shares of Assurant from $255.00 to $257.00 and gave the company a “buy” rating in a report on Monday, November 10th. Zacks Research lowered Assurant from a “strong-buy” rating to a “hold” rating in a report on Friday, October 17th. Piper Sandler boosted their target price on Assurant from $252.00 to $264.00 and gave the stock an “overweight” rating in a research report on Friday. Morgan Stanley increased their target price on Assurant from $232.00 to $248.00 and gave the stock an “equal weight” rating in a research note on Monday, November 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Assurant in a research note on Monday, December 15th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $252.67.

Assurant Price Performance

AIZ stock opened at $238.95 on Friday. The firm has a 50 day moving average of $221.72 and a 200-day moving average of $209.75. The company has a market cap of $11.97 billion, a price-to-earnings ratio of 14.54 and a beta of 0.57. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.38. Assurant, Inc. has a 12-month low of $174.97 and a 12-month high of $240.58.

Assurant (NYSE:AIZ) last released its quarterly earnings results on Thursday, March 24th. The financial services provider reported $1.80 earnings per share for the quarter. The business had revenue of $2.42 billion for the quarter. Assurant had a return on equity of 18.61% and a net margin of 6.75%.Assurant has set its FY 2022 guidance at $13.062-$13.512 EPS. As a group, equities analysts expect that Assurant, Inc. will post 16.88 EPS for the current fiscal year.

Assurant Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Monday, December 1st will be given a $0.88 dividend. This is an increase from Assurant’s previous quarterly dividend of $0.80. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, December 1st. Assurant’s dividend payout ratio (DPR) is 21.42%.

Key Stores Impacting Assurant

Here are the key news stories impacting Assurant this week:

• Positive Sentiment: Earnings beat and partnership news drove upside — Assurant reported results that beat expectations and announced new partnerships that expand its protection programs, a direct revenue and growth catalyst for the business. Assurant (AIZ) Is Up 6.3% After Earnings Beat And New Partnerships Boost Protection Programs – Has The Bull Case Changed?
• Positive Sentiment: Zacks raised several longer‑term and full‑year estimates — analysts increased FY2025 and FY2027 EPS forecasts and lifted Q4 2025 and Q3 2027 quarter estimates, signaling improved longer‑term earnings visibility that supports valuation upside and investor sentiment.
• Positive Sentiment: Analyst consensus tilting favorable — a recent note summarized consensus as a “Moderate Buy,” which can attract demand from investors tracking analyst sentiment. Assurant, Inc. (NYSE:AIZ) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Valuation review after a multi‑year run — coverage assessing Assurant’s valuation may prompt investors to reevaluate upside versus recent gains; useful for longer‑term positioning but not an immediate catalyst. Assessing Assurant (AIZ) Valuation After a Steady Multi-Year Share Price Climb
• Neutral Sentiment: Discussion of relative performance — commentary that questions whether AIZ is underperforming broader indices may keep some traders cautious but is not a direct company development. Is Assurant stock underperforming the Nasdaq?
• Negative Sentiment: Near‑term estimate trims from Zacks — analysts cut Q1 2026 and Q2 2027 EPS forecasts marginally, indicating some short‑term pressure or conservatism on near‑term results; that can limit further re‑rating until clarity on upcoming quarters arrives.

Assurant Company Profile

Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.

Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.