Fine Capital Partners LP Position in Assured Guaranty LTD (AGO) Has Boosted by $1.20 Million; Hess (HES) Shareholder Barrow Hanley Mewhinney & Strauss Has Lowered Its Holding by $1.12 Million

June 16, 2018 - By Louis Casey

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Debra Fine increased its stake in Assured Guaranty Ltd (AGO) by 2.98% based on its latest 2018Q1 regulatory filing with the SEC. Fine Capital Partners Lp bought 33,390 shares as the company’s stock rose 0.78% while stock markets declined. The hedge fund run by Debra Fine held 1.16M shares of the property-casualty insurers company at the end of 2018Q1, valued at $41.84 million, up from 1.12M at the end of the previous reported quarter. Fine Capital Partners Lp who had been investing in Assured Guaranty Ltd for a number of months, seems to be bullish on the $4.20 billion market cap company. The stock decreased 0.11% or $0.04 during the last trading session, reaching $37.38. About 1.32 million shares traded or 42.77% up from the average. Assured Guaranty Ltd. (NYSE:AGO) has declined 7.58% since June 16, 2017 and is downtrending. It has underperformed by 20.15% the S&P500. Some Historical AGO News: 23/04/2018 – ASSURED GUARANTY ISSUES STATEMENT IN RESPONDS TO CRITIQUE BY; 07/05/2018 – Moody’s Affirms Assured Guaranty’s Ratings; Outlook Is Stable; 23/05/2018 – AGO: SEEKING JUDGMENT DECLARING REVISED FISCAL PLAN UNLAWFUL; 03/05/2018 – ASSURED GUARANTY 1Q GROSS WRITTEN PREMIUM $73M; 28/03/2018 – Assured Guaranty Responds to Puerto Rico’s Latest Revised Fiscal Plans; 03/05/2018 – ASSURED GUARANTY 1Q ADJ OPER EPS $1.33; 23/05/2018 – ASSURED GUARANTY FILED AN ADVERSARY COMPLAINT VS PUERTO RICO; 23/05/2018 – Assured Guaranty Filed Adversary Complaint Against Puerto Rico, Fincl Oversight and Management Board for Puerto Rico; 23/04/2018 – SOHN CONFERENCE: EINHORN CALLS ASSURED GUARANTY “A MELTING ICE CUBE THAT IS PAYING OUT THE DROPS WHILE IT STILL CAN”; 23/05/2018 – ASSURED GUARANTY REAFFIRMS INVITATION TO TALKS WITH PUERTO RICO

Barrow Hanley Mewhinney & Strauss Llc decreased its stake in Hess Corp (HES) by 0.53% based on its latest 2018Q1 regulatory filing with the SEC. Barrow Hanley Mewhinney & Strauss Llc sold 22,468 shares as the company’s stock rose 23.82% while stock markets declined. The institutional investor held 4.18M shares of the integrated oil company at the end of 2018Q1, valued at $211.82M, down from 4.21 million at the end of the previous reported quarter. Barrow Hanley Mewhinney & Strauss Llc who had been investing in Hess Corp for a number of months, seems to be less bullish one the $18.02B market cap company. The stock decreased 1.12% or $0.68 during the last trading session, reaching $60.04. About 6.63 million shares traded or 67.85% up from the average. Hess Corporation (NYSE:HES) has risen 23.77% since June 16, 2017 and is uptrending. It has outperformed by 11.20% the S&P500. Some Historical HES News: 25/04/2018 – Hess posts smaller loss on cost cuts, rising oil prices; 25/04/2018 – HESS SEES FY 2018 TOTAL PRODUCTION $245M TO $255M; 17/04/2018 – Hess Announces Exciting 2018 Toy Truck Lineup; 22/05/2018 – Hess Presenting at UBS Global Oil & Gas Conference Tomorrow; 25/04/2018 – Hess Corp 1Q-End Cash, Cash Equivalents $3.7B; 26/04/2018 – HESS CORP – TO ACQUIRE A 15 PERCENT PARTICIPATING INTEREST IN KAIETEUR BLOCK, OFFSHORE GUYANA; 25/04/2018 – HESS CORP HES.N SAYS ‘PRETTY CONFIDENT’ CAN MEET 2018 GOALS WITH MINIMUM COST INFLATION; 25/04/2018 – HESS SEES FY 2018 EXPLORATION EXPENSES $190M TO $210M; 08/03/2018 – Hess Sets Another Buyback, Winning Peace with Activist Investor–Update; 09/03/2018 – HESS OUTLOOK TO NEGATIVE FROM STABLE BY FITCH; RATING AFFIRMED

Investors sentiment increased to 0.97 in Q1 2018. Its up 0.03, from 0.94 in 2017Q4. It is positive, as 27 investors sold AGO shares while 91 reduced holdings. 39 funds opened positions while 75 raised stakes. 103.98 million shares or 4.53% less from 108.91 million shares in 2017Q4 were reported. 36,275 were accumulated by Ameriprise. Vanguard Gp invested 0.02% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO). Moreover, Schwab Charles Inv Mgmt has 0.03% invested in Assured Guaranty Ltd. (NYSE:AGO) for 1.12 million shares. Element Management Limited Liability holds 0.01% or 13,111 shares in its portfolio. Brandywine Ltd Com owns 0.01% invested in Assured Guaranty Ltd. (NYSE:AGO) for 33,377 shares. Balasa Dinverno And Foltz Ltd Limited Liability Company holds 0.36% or 65,967 shares in its portfolio. Janney Montgomery Scott Ltd Com stated it has 22,018 shares. Fmr Limited Liability Corporation holds 81,000 shares or 0% of its portfolio. Us Natl Bank De accumulated 0% or 14,677 shares. California Employees Retirement Sys reported 0.02% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO). Nordea Management holds 666,161 shares or 0.06% of its portfolio. Brigade Capital Management Lp reported 6,500 shares stake. Jane Street Grp Limited Liability Company holds 0% in Assured Guaranty Ltd. (NYSE:AGO) or 19,032 shares. Bailard Inc holds 0.01% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO) for 6,000 shares. Ellington Mgmt Grp Llc stated it has 0.02% of its portfolio in Assured Guaranty Ltd. (NYSE:AGO).

Among 6 analysts covering Assured Guaranty (NYSE:AGO), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Assured Guaranty had 12 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Assured Guaranty Ltd. (NYSE:AGO) has “Hold” rating given on Friday, April 7 by Wood. BTIG Research maintained Assured Guaranty Ltd. (NYSE:AGO) on Friday, May 26 with “Buy” rating. The stock of Assured Guaranty Ltd. (NYSE:AGO) has “Buy” rating given on Wednesday, December 20 by Keefe Bruyette & Woods. M Partners maintained Assured Guaranty Ltd. (NYSE:AGO) on Monday, November 16 with “Buy” rating. The firm earned “Outperform” rating on Monday, November 9 by Macquarie Research. The firm earned “Mkt Perform” rating on Tuesday, February 28 by Keefe Bruyette & Woods. UBS maintained Assured Guaranty Ltd. (NYSE:AGO) rating on Tuesday, November 10. UBS has “Buy” rating and $33 target. The firm has “Hold” rating given on Friday, June 9 by Keefe Bruyette & Woods. BTIG Research maintained the stock with “Buy” rating in Monday, February 5 report. Zacks downgraded the stock to “Buy” rating in Wednesday, August 12 report.

More important recent Assured Guaranty Ltd. (NYSE:AGO) news were published by: Seekingalpha.com which released: “Assured Guaranty, Syncora complete reinsurance deal” on June 01, 2018, also Seekingalpha.com published article titled: “Sunesis Capital’s Mehta questions Einhorn’s Greenlight Re model”, Seekingalpha.com published: “Tracking David Einhorn’s Portfolio – Q1 2018 Update” on May 23, 2018. More interesting news about Assured Guaranty Ltd. (NYSE:AGO) was released by: Nasdaq.com and their article: “New Research: Key Drivers of Growth for Cresud SACIF y A, Iamgold, The Habit Restaurants, Hershey, Assured …” with publication date: May 31, 2018.

Since June 13, 2018, it had 0 buys, and 1 sale for $503,645 activity.

Barrow Hanley Mewhinney & Strauss Llc, which manages about $91.02B and $62.64 billion US Long portfolio, upped its stake in Cardinal Health Inc (NYSE:CAH) by 706,543 shares to 18.58 million shares, valued at $1.16B in 2018Q1, according to the filing. It also increased its holding in Standard Motor Products Inc (NYSE:SMP) by 36,790 shares in the quarter, for a total of 127,091 shares, and has risen its stake in Whirlpool Corp (NYSE:WHR).

Since February 8, 2018, it had 11 insider purchases, and 15 insider sales for $8.38 million activity. On Thursday, February 8 the insider Hill Gregory P. sold $280,442. COLEMAN LEONARD S JR bought $25,016 worth of Hess Corporation (NYSE:HES) on Tuesday, March 6. The insider Goodell Timothy B. sold $202,075. $4.15M worth of Hess Corporation (NYSE:HES) was sold by HESS JOHN B. The insider Checki Terrence J. bought 516 shares worth $25,016. The insider Reynolds Fredric G bought $25,016.

Analysts await Hess Corporation (NYSE:HES) to report earnings on July, 25. They expect $-0.34 EPS, up 76.71% or $1.12 from last year’s $-1.46 per share. After $-0.27 actual EPS reported by Hess Corporation for the previous quarter, Wall Street now forecasts 25.93% negative EPS growth.

Among 23 analysts covering Hess Corp. (NYSE:HES), 8 have Buy rating, 2 Sell and 13 Hold. Therefore 35% are positive. Hess Corp. had 68 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 11 by BMO Capital Markets. UBS downgraded the stock to “Neutral” rating in Thursday, April 28 report. Societe Generale upgraded the shares of HES in report on Friday, July 31 to “Buy” rating. The stock of Hess Corporation (NYSE:HES) has “Sell” rating given on Monday, December 11 by Credit Suisse. BMO Capital Markets maintained the shares of HES in report on Friday, June 16 with “Hold” rating. Piper Jaffray maintained Hess Corporation (NYSE:HES) on Tuesday, November 21 with “Buy” rating. The rating was downgraded by J.P. Morgan to “Hold” on Thursday, September 14. JP Morgan initiated Hess Corporation (NYSE:HES) rating on Wednesday, December 9. JP Morgan has “Neutral” rating and $58 target. The stock has “Hold” rating by BMO Capital Markets on Tuesday, October 10. The firm has “Neutral” rating given on Thursday, April 28 by Credit Suisse.

Hess Corporation (NYSE:HES) Institutional Positions Chart

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