Ambac Financial Group, Inc. (AMBC) Stake Reduced by Legal & General Group Plc

The fund owned 10,793 shares of the financial services provider's stock after selling 249 shares during the period.

To stay one step ahead we extended our research by comparing different price targets. MKM Partners raised its rating on Ambac Financial Group, Inc.to Neutral on 12/05/2017 in a reversal from its prior Sell rating. The company has market cap of $1.74 billion. The company has a 50 day moving average price of $46.31 and a 200 day moving average price of $41.16.

Trump Pushes Back Against Reports He May Fire Special Counsel Mueller
And some say Manafort's recent change of law firms suggests that, if he wasn't already, he might be getting more concerned. According to legal experts, Mueller might be trying to pressure Manafort into cooperating with the investigation.

Among 2 analysts covering Ambac Financial Group Inc. (NASDAQ:AMBC) news were published by: Seekingalpha.com which released: "Ambac Financial's (AMBC) CEO Claude LeBlanc on Q1 2017 Results - Earnings Call ..." on May 11, 2017, also Globenewswire.com with their article: "Ambac Names R. Sharon Smith Senior Managing Director, Chief of Staff" published on May 17, 2017, Globenewswire.com published: "Ambac Names Lisa A. Kampf as Managing Director, Investor Relations" on April 26, 2017. The financial services provider reported $1.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.22 by $0.32. Ambac Financial Group had a positive return on equity of 7.90% and a negative net margin of 9.76%. The company had revenue of $126.20 million for the quarter, compared to analyst estimates of $136.46 million. Fidelity National Financial's quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts expect that Ambac Financial Group, Inc. will post $0.70 earnings per share for the current year. If you are accessing this story on another publication, it was illegally copied and reposted in violation of USA & global trademark and copyright laws. Ambac Financial Group earned a media sentiment score of 0.41 on Accern's scale.

In related news, EVP Peter T. Sadowski sold 133,215 shares of the business's stock in a transaction that occurred on Thursday, July 27th. The stock was acquired at an average cost of $16.45 per share, for a total transaction of $123,375.00. (NYSE:FNF) by 5.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The stock increased 1.11% or $0.22 during the last trading session, reaching $19.97. The institutional investor held 48,948 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $5.67 million, up from 24,286 at the end of the previous reported quarter. Norges Bank bought a new stake in Ambac Financial Group during the fourth quarter worth approximately $867,000. 519,456 shares of the stock were exchanged. Gotham Asset Management LLC increased its stake in shares of Fidelity National Financial by 1.6% in the first quarter. Teachers Advisors LLC boosted its stake in Ambac Financial Group by 2.6% in the fourth quarter. Evermore Global Advisors LLC now owns 964,587 shares of the financial services provider's stock worth $16,736,000 after buying an additional 247,634 shares in the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Ambac Financial Group during the first quarter valued at approximately $403,000. Lincoln National Corp now owns 6,951 shares of the financial services provider's stock worth $271,000 after buying an additional 39 shares during the last quarter. American International Group Inc. now owns 27,748 shares of the financial services provider's stock worth $523,000 after buying an additional 1,835 shares during the last quarter.

North Korea has started holding evacuation drills as tension with U.S. continue
North Korea had on Wednesday said it is "carefully examining" a plan to strike the US Pacific territory of Guam with missiles. Never before seen pictures of North Korea at war. "North Korea can't compete with America on any level".

A number of other large investors also recently modified their holdings of AMBC. The shares were sold at an average price of $41.28, for a total value of $5,735,484.48.

Stewart Information Services Corporation pays an annual dividend of $1.20 per share and has a dividend yield of 3.0%.

Traders Watch List: EI du Pont de Nemours and Company (DD)
BidaskClub raised E.I. du Pont de Nemours and from a "hold" rating to a "buy" rating in a research report on Thursday, July 13th. Piedmont Advsrs Ltd Llc holds 0% or 184,010 shares in its portfolio. 32,834 were accumulated by Etrade Management Ltd Llc.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. The disclosure for this sale can be found here. The Company's segments include Title, Black Knight, FNF Core Corporate and Other, Restaurant Group, and FNFV Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF's title insurance underwriters and related businesses. The Bank is a diversified financial services company.

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