2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP raised its holdings in shares of Ambac Financial Group, Inc. ( NYSE:AMBC – Free Report ) by 3.0% in the 2nd quarter, according to its most recent 13F filing with the SEC.
The fund owned 2,952,961 shares of the company’s stock after acquiring an additional 87,077 shares during the period. Dimensional Fund Advisors LP owned approximately 6.53% of Ambac Financial Group worth $37,857,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in AMBC. nVerses Capital LLC lifted its stake in Ambac Financial Group by 525.0% in the second quarter.
nVerses Capital LLC now owns 5,000 shares of the company’s stock valued at $64,000 after buying an additional 4,200 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Ambac Financial Group by 20.0% in the 2nd quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 9,826 shares of the company’s stock worth $126,000 after purchasing an additional 1,637 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Ambac Financial Group by 95.3% during the 1st quarter.
Allspring Global Investments Holdings LLC now owns 10,542 shares of the company’s stock worth $165,000 after purchasing an additional 5,145 shares in the last quarter. Versor Investments LP acquired a new stake in shares of Ambac Financial Group in the 2nd quarter valued at about $218,000. Finally, State Board of Administration of Florida Retirement System raised its stake in shares of Ambac Financial Group by 27.
0% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 16,040 shares of the company’s stock valued at $248,000 after purchasing an additional 3,410 shares during the period. Institutional investors and hedge funds own 84.
49% of the company’s stock. Insider Buying and Selling In related news, General Counsel Stephen Michael Ksenak acquired 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The stock was acquired at an average price of $11.
00 per share, with a total value of $55,000.00. Following the purchase, the general counsel now directly owns 116,609 shares in the company, valued at $1,282,699.
The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . In other news, CFO David Trick bought 3,700 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The shares were acquired at an average price of $10.
76 per share, for a total transaction of $39,812.00. Following the completion of the acquisition, the chief financial officer now directly owns 156,082 shares in the company, valued at $1,679,442.
32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Also, General Counsel Stephen Michael Ksenak bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th.
The shares were acquired at an average cost of $11.00 per share, with a total value of $55,000.00.
Following the purchase, the general counsel now directly owns 116,609 shares of the company’s stock, valued at $1,282,699. The disclosure for this purchase can be found here . In the last 90 days, insiders have bought 37,500 shares of company stock worth $407,445.
Corporate insiders own 5.00% of the company’s stock. Analysts Set New Price Targets Read Our Latest Report on Ambac Financial Group Ambac Financial Group Price Performance NYSE:AMBC opened at $11.
21 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.
62 and a debt-to-equity ratio of 2.37. The firm has a market capitalization of $506.
97 million, a price-to-earnings ratio of 8.56 and a beta of 1.24.
Ambac Financial Group, Inc. has a 12-month low of $10.12 and a 12-month high of $18.
45. The stock’s 50 day moving average price is $11.45 and its two-hundred day moving average price is $13.
59. Ambac Financial Group ( NYSE:AMBC – Get Free Report ) last released its quarterly earnings results on Monday, August 5th. The company reported $0.
18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01).
Ambac Financial Group had a return on equity of 10.79% and a net margin of 19.27%.
The business had revenue of $105.00 million for the quarter. During the same quarter last year, the company posted $0.
07 earnings per share. On average, analysts anticipate that Ambac Financial Group, Inc. will post 1.
3 earnings per share for the current year. Ambac Financial Group Profile ( Free Report ) Ambac Financial Group, Inc operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance.
The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks. Recommended Stories Five stocks we like better than Ambac Financial Group How to Use Stock Screeners to Find Stocks TJX Stock: A Buying Opportunity Before the Holiday Rush What Does a Gap Up Mean in Stocks? How to Play the Gap Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for Ambac Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ambac Financial Group and related companies with MarketBeat.com's FREE daily email newsletter .
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