As part of their research, the analysts at StockNews.com penned a report on Assurant, and the resulting article can be found on their website (NYSE: AIZ).
The brokerage assigned a “hold” rating to the company’s stock, indicating that investors should not sell the stock.
When trading started on Thursday, the share price of AIZ was established at $111.22 per share.
During the previous year, the price of Assurant ranged from a low of $109.77 to a high of $194.12 at its most expensive.
The company’s stock currently trades at a price that results in a price-to-earnings ratio of 22.47, a price-to-earnings-to-growth ratio of 0.87, and a beta value of 0.54.
The market capitalization of the company is $5.89 billion.
The company’s average price over the past 50 days is $127.85, and the average price over the last 200 days is $134.95.
The simple moving average is calculated using the company’s closing prices.
All the financial ratios, including the debt-to-equity, current, and quick ratios, all equal 0.42.
This is the order in which these numbers were calculated.
As of late, commentary regarding the share price has been provided by several additional equity research analysts.
Piper Sandler maintained its “neutral” rating on shares of Assurant and set a price objective of $133.00 for the company’s stock in a research report dated February 8th.
Piper Sandler also established this price objective.
In a research note published on November 21st, Morgan Stanley lowered their price target for Assurant stock from $215.00 to $165.00, downgrading the “overweight” rating that they had previously assigned to the company’s stock. One of the research analysts has given the stock a buy rating, while the other three have recommended that investors maintain their current stock holdings.
According to information obtained from Bloomberg.com, financial market professionals have given the company a rating of “Hold,” Their consensus price target for the company is $154.75, according to the data.
On February 10th, Assurant’s Chief Administrative Officer, Dimitry Dirienzo, completed the sale of 525 shares of the company’s stock.
This is another piece of news about Assurant.
The transaction involved the sale of the shares at an average price of $131.68 per share, which resulted in a total sale volume of $69,132.00.
As a result of the successful completion of the transaction, the chief accounting officer was able to purchase 5,881 company shares, which currently have a value of $774,410.08. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link.
In this file, the transaction is described in greater detail.
A total of 0.39% of the outstanding shares of stock in the company are held by company insiders.
Recently, a significant number of institutional investors have changed the distribution of company holdings they are responsible for.
The Great West Life Assurance Company of Canada increased the proportion of Assurant stock owned by 0.3 percent over the first three months of 2018. Since the end of the most recent fiscal quarter, Great West Life Insurance Co has increased its ownership of the company by purchasing an additional 64 shares.
Because of this, the total number of shares it owns in the company has increased to 64, for a total of 20,947 shares with a combined value of $3,985,000.
Tredje AP Fonden made a 0.8% gain in its Assurant holdings over the final three months of 2018.
Tredje AP Fonden has increased the number of shares it owns in the financial services provider’s stock by making an additional purchase of 83 of those shares during the most recent quarter.
This brings the total number of shares it owns to 10,756, giving them a value of $1,345,000.
A 57.7% increase in the proportion of Assurant stock directly owned by Dupont Capital Management Corp. was accomplished during the company’s third fiscal quarter.
The stock held by the financial services provider is valued at $37,000.
After purchasing an additional 94 shares during the most recent quarter, Dupont Capital Management Corp. now has 257 shares.
During the third quarter, Hexagon Capital Partners LLC was able to amass an additional 24.7% of the total number of shares outstanding in the company. Hexagon Capital Partners LLC now owns a total of 484 shares of the stock that belongs to the company that provides financial services after purchasing an additional 96 shares during the most recent quarter.
The stock has a value of $70,000.
And finally, during the final three months of 2018, Daiwa Securities Group INC increased its holdings in Assurant by purchasing an additional 2.8% of the company’s shares.
In the most recent fiscal quarter, Daiwa Securities Group INC acquired 98 additional shares, bringing the total number of shares that it owns in the financial services provider’s stock to 3,647, with a value of $456,000.
The vast majority of the company’s shares, or 95.86%, are owned by institutional investors and hedge funds.
As part of the services and products they offer, Assurant, INC gives customers a choice of how to live their lives and where to live. Global Housing and Global Lifestyle are the names of the company’s two primary business divisions that live their lives and where to live. Global Housing and Global Lifestyle are the names of the company’s two primary business divisions. Solutions for mobile devices are just one of the many things that Global Lifestyle has to provide for its customers.
In addition, they offer products and services related to extended warranties for mobile devices, consumer goods and appliances, automobile protection, and other areas of service provision.