The stock of Argo Group International Holding (NASDAQ:AGII) registered an increase of 1.3% in short interest. AGII’s total short interest was 484,600 shares in February as published by FINRA. Its up 1.3% from 478,400 shares, reported previously. With 107,600 shares average volume, it will take short sellers 5 days to cover their AGII’s short positions. The short interest to Argo Group International Holding’s float is 1.78%. The stock increased 0.69% or $0.38 during the last trading session, hitting $55.1. Argo Group International Holdings, Ltd. (NASDAQ:AGII) has declined 3.21% since July 17, 2015 and is downtrending. It has outperformed by 5.30% the S&P500.
Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The company has a market cap of $1.55 billion. The Firm operates through four divisions: Excess and Surplus Lines , Commercial Specialty, International Specialty and Syndicate 1200. It has 8.69 P/E ratio. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite.
The institutional sentiment increased to 1.11 in Q3 2015. Its up 0.18, from 0.93 in 2015Q2. The ratio increased, as 10 funds sold all Argo Group International Holdings, Ltd. shares owned while 63 reduced positions. 24 funds bought stakes while 57 increased positions. They now own 33.80 million shares or 37.22% more from 24.63 million shares in 2015Q2.
Torchmark Corp holds 5.63% of its portfolio in Argo Group International Holdings, Ltd. for 12,778 shares. Grace & White Inc Ny owns 187,871 shares or 2.45% of their US portfolio. Moreover, Champlain Investment Partners Llc has 1.2% invested in the company for 1.21 million shares. The Illinois-based Fiduciary Management Associates Llc has invested 1.05% in the stock. Arbor Capital Management Llc, a Minnesota-based fund reported 82,696 shares.
Out of 4 analysts covering Argo Group International Holdings (NASDAQ:AGII), 2 rate it “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Argo Group International Holdings was the topic in 2 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Piper Jaffray initiated the stock on December 10 with “Overweight” rating.
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