Argo Group International Holdings LTD (NASDAQ:AGII) Stock Sentiment Worsens

May 18, 2018 - By Larry Purdy

Argo Group International Holdings, Ltd. (NASDAQ:AGII) Logo

Sentiment for Argo Group International Holdings LTD (NASDAQ:AGII)

Argo Group International Holdings LTD (NASDAQ:AGII) institutional sentiment decreased to 0.95 in Q4 2017. Its down -0.28, from 1.23 in 2017Q3. The ratio turned negative, as 76 active investment managers started new or increased positions, while 80 sold and decreased stock positions in Argo Group International Holdings LTD. The active investment managers in our partner’s database now possess: 24.69 million shares, down from 24.79 million shares in 2017Q3. Also, the number of active investment managers holding Argo Group International Holdings LTD in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 23 Reduced: 57 Increased: 50 New Position: 26.

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty market worldwide. The company has market cap of $1.98 billion. The Company’s Excess and Surplus Lines segment underwrites primary and excess specialty casualty, contract liability, commercial multi-peril, product liability, environmental liability, allied medical, and auto liability products. It has a 41.27 P/E ratio. This segment distributes its products through a network of wholesale agents and brokers.

The stock increased 5.37% or $3 during the last trading session, reaching $58.85. About 195,111 shares traded or 26.39% up from the average. Argo Group International Holdings, Ltd. (NASDAQ:AGII) has declined 1.44% since May 18, 2017 and is downtrending. It has underperformed by 12.99% the S&P500.

Dean Capital Management holds 2.08% of its portfolio in Argo Group International Holdings, Ltd. for 71,525 shares. Hillcrest Asset Management Llc owns 173,776 shares or 1.93% of their US portfolio. Moreover, Grace & White Inc Ny has 1.9% invested in the company for 153,552 shares. The Illinois-based New Vernon Investment Management Llc has invested 1.45% in the stock. Tributary Capital Management Llc, a Colorado-based fund reported 213,858 shares.

Argo Group International Holdings, Ltd. (NASDAQ:AGII) Ratings Coverage

Ratings analysis reveals 100% of Argo Group International’s analysts are positive. Out of 2 Wall Street analysts rating Argo Group International, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. AGII was included in 2 notes of analysts from December 28, 2017. Keefe Bruyette & Woods upgraded Argo Group International Holdings, Ltd. (NASDAQ:AGII) on Thursday, December 28 to “Buy” rating. The firm has “Outperform” rating given on Thursday, December 28 by Wood.

More recent Argo Group International Holdings, Ltd. (NASDAQ:AGII) news were published by: Bizjournals.com which released: “Argo Group invests more in AI, cybersecurity tech” on May 08, 2018. Also Bizjournals.com published the news titled: “Argo Group moving to the NYSE” on April 24, 2018. Businesswire.com‘s news article titled: “Argo Group to Transfer Listing to NYSE from NASDAQ” with publication date: April 23, 2018 was also an interesting one.

Argo Group International Holdings, Ltd. (NASDAQ:AGII) Ratings Chart

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