2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. decreased its holdings in Ambac Financial Group, Inc. ( NYSE:AMBC – Free Report ) by 32.
6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 170,536 shares of the company’s stock after selling 82,472 shares during the quarter. Russell Investments Group Ltd.
owned 0.36% of Ambac Financial Group worth $2,157,000 at the end of the most recent quarter. Other hedge funds have also added to or reduced their stakes in the company.
State Street Corp lifted its stake in Ambac Financial Group by 2.6% during the 3rd quarter. State Street Corp now owns 1,653,544 shares of the company’s stock valued at $18,536,000 after acquiring an additional 42,504 shares in the last quarter.
Barclays PLC increased its stake in Ambac Financial Group by 30.9% in the 3rd quarter. Barclays PLC now owns 376,102 shares of the company’s stock valued at $4,216,000 after buying an additional 88,863 shares during the last quarter.
Geode Capital Management LLC lifted its position in shares of Ambac Financial Group by 2.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,028,956 shares of the company’s stock worth $11,537,000 after buying an additional 28,573 shares in the last quarter.
VELA Investment Management LLC purchased a new position in shares of Ambac Financial Group in the 4th quarter worth approximately $792,000. Finally, Principal Financial Group Inc. grew its holdings in shares of 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 acquiring an additional 6,589 shares in the last quarter.
Institutional investors and hedge funds own 84.49% of the company’s stock. Ambac Financial Group Stock Up 2.
5 % AMBC stock opened at $7.31 on Friday. The stock has a market cap of $373.
22 million, a P/E ratio of -15.88 and a beta of 1.09.
The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 2.
10. The stock’s fifty day simple moving average is $8.92 and its two-hundred day simple moving average is $10.
89. Ambac Financial Group, Inc. has a 1-year low of $6.
33 and a 1-year high of $18.45. 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 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. ( NYSE:AMBC – Free Report ). 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.
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