1 week Ago By ABMN Staff
Renaissance Technologies LLC decreased its position in Ambac Financial Group, Inc. ( NYSE:AMBC – Free Report ) by 57.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The fund owned 124,200 shares of the company’s stock after selling 165,300 shares during the quarter. Renaissance Technologies LLC’s holdings in Ambac Financial Group were worth $1,571,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors have also modified their holdings of the company.
Bank of Montreal Can grew its stake in Ambac Financial Group by 19.5% in the 4th quarter. Bank of Montreal Can now owns 12,357 shares of the company’s stock worth $156,000 after acquiring an additional 2,018 shares during the period.
Swiss National Bank grew its position in shares of Ambac Financial Group by 4.6% in the fourth quarter. Swiss National Bank now owns 93,300 shares of the company’s stock valued at $1,180,000 after purchasing an additional 4,100 shares during the period.
Principal Financial Group Inc. increased its stake in Ambac Financial Group by 2.9% in the fourth quarter.
Principal Financial Group Inc. now owns 229,954 shares of the company’s stock valued at $2,909,000 after purchasing an additional 6,589 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in Ambac Financial Group by 4.
3% during the fourth quarter. Exchange Traded Concepts LLC now owns 164,474 shares of the company’s stock worth $2,081,000 after buying an additional 6,760 shares during the period. Finally, Y Intercept Hong Kong Ltd boosted its stake in Ambac Financial Group by 22.
8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 38,850 shares of the company’s stock worth $491,000 after buying an additional 7,216 shares during the last quarter. Institutional investors and hedge funds own 84.
49% of the company’s stock. Ambac Financial Group Stock Up 3.2 % AMBC opened at $8.
00 on Monday. Ambac Financial Group, Inc. has a 12 month low of $6.
33 and a 12 month high of $18.45. The business has a 50-day moving average of $8.
52 and a two-hundred day moving average of $10.76. The company has a debt-to-equity ratio of 2.
10, a current ratio of 0.58 and a quick ratio of 0.58.
The stock has a market capitalization of $408.73 million, a price-to-earnings ratio of -17.39 and a beta of 1.
09. About Ambac Financial Group ( 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 Want to see what other hedge funds are holding AMBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ambac Financial Group, Inc.
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