Ambac Financial Group, Inc. (AMBC) Shares Bought by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Ambac Financial Group, Inc. (NASDAQ:AMBC) by 38.6% during the 4th quarter, Holdings Channel reports. The firm owned 211,383 shares of the financial services provider’s stock after acquiring an additional 58,855 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Ambac Financial Group were worth $3,377,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in AMBC. Teachers Advisors LLC lifted its stake in Ambac Financial Group by 9.8% during the 2nd quarter. Teachers Advisors LLC now owns 80,576 shares of the financial services provider’s stock valued at $1,398,000 after acquiring an additional 7,201 shares during the period. Northern Trust Corp lifted its stake in Ambac Financial Group by 1.8% during the 2nd quarter. Northern Trust Corp now owns 557,464 shares of the financial services provider’s stock valued at $9,671,000 after acquiring an additional 9,897 shares during the period. Parametric Portfolio Associates LLC lifted its stake in Ambac Financial Group by 16.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 254,984 shares of the financial services provider’s stock valued at $4,424,000 after acquiring an additional 35,713 shares during the period. Voya Investment Management LLC lifted its stake in Ambac Financial Group by 11.1% during the 2nd quarter. Voya Investment Management LLC now owns 21,247 shares of the financial services provider’s stock valued at $369,000 after acquiring an additional 2,126 shares during the period. Finally, State Street Corp lifted its stake in Ambac Financial Group by 3.4% during the 2nd quarter. State Street Corp now owns 898,162 shares of the financial services provider’s stock valued at $15,583,000 after acquiring an additional 29,767 shares during the period. 71.81% of the stock is currently owned by institutional investors.

Shares of Ambac Financial Group, Inc. (NASDAQ:AMBC) opened at $15.84 on Thursday. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 7.46. Ambac Financial Group, Inc. has a 12 month low of $13.17 and a 12 month high of $23.55.

WARNING: This article was reported by Week Herald and is owned by of Week Herald. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The original version of this article can be accessed at https://weekherald.com/2018/02/22/ambac-financial-group-inc-ambc-shares-bought-by-barrow-hanley-mewhinney-strauss-llc.html.

About Ambac Financial Group

Ambac Financial Group, Inc, a financial services holding company, provides financial guarantees and other financial services to clients in both the public and private sectors worldwide. It operates through two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantees, including insurance policies and credit derivative contracts for public finance, structured finance, and international obligations.

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. (NASDAQ:AMBC).

Institutional Ownership by Quarter for Ambac Financial Group (NASDAQ:AMBC)

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.com's FREE daily email newsletter.

Leave a Reply