Grace White Inc Ny Lowers stake in Argo Group International Holdings Ltd. (AGII)

Argo Group International Holdings Ltd. (AGII) : Grace White Inc Ny reduced its stake in Argo Group International Holdings Ltd. by 0.01% during the most recent quarter end. The investment management company now holds a total of 184,403 shares of Argo Group International Holdings Ltd. which is valued at $10,118,193 after selling 26 shares in Argo Group International Holdings Ltd. , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Argo Group International Holdings Ltd. makes up approximately 2.22% of Grace White Inc Ny’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in AGII in the latest quarter, The investment management firm added 64,280 additional shares and now holds a total of 2,081,412 shares of Argo Group International Holdings Ltd. which is valued at $114,207,076. Argo Group International Holdings Ltd. makes up approx 0.01% of Vanguard Group Inc’s portfolio.Dimensional Fund Advisors Lp reduced its stake in AGII by selling 265,416 shares or 9.36% in the most recent quarter. The Hedge Fund company now holds 2,570,210 shares of AGII which is valued at $140,770,402. Argo Group International Holdings Ltd. makes up approx 0.08% of Dimensional Fund Advisors Lp’s portfolio.First Trust Advisors Lp boosted its stake in AGII in the latest quarter, The investment management firm added 39,543 additional shares and now holds a total of 57,569 shares of Argo Group International Holdings Ltd. which is valued at $3,135,783. Argo Group International Holdings Ltd. makes up approx 0.01% of First Trust Advisors Lp’s portfolio.Rothschild Asset Management Inc boosted its stake in AGII in the latest quarter, The investment management firm added 28,629 additional shares and now holds a total of 97,961 shares of Argo Group International Holdings Ltd. which is valued at $5,304,588. Argo Group International Holdings Ltd. makes up approx 0.09% of Rothschild Asset Management Inc’s portfolio.Quantbot Technologies Lp boosted its stake in AGII in the latest quarter, The investment management firm added 598 additional shares and now holds a total of 3,541 shares of Argo Group International Holdings Ltd. which is valued at $191,745. Argo Group International Holdings Ltd. makes up approx 0.02% of Quantbot Technologies Lp’s portfolio.

Argo Group International Holdings Ltd. opened for trading at $55.51 and hit $56.03 on the upside on Friday, eventually ending the session at $55.76, with a gain of 0.50% or 0.28 points. The heightened volatility saw the trading volume jump to 1,58,604 shares. Company has a market cap of $1,675 M.

On the company’s financial health, Argo Group International Holdings Ltd. reported $1.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.69 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.51. The company had revenue of $384.30 million for the quarter, compared to analysts expectations of $367.13 million. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS.

Many Wall Street Analysts have commented on Argo Group International Holdings Ltd.. Company shares were Reiterated by Compass Point on Aug 4, 2016 to “Neutral”, Firm has raised the Price Target to $ 54 from a previous price target of $52 .Argo Group International Holdings Ltd. was Initiated by JMP Securities to “Mkt Perform” on Jun 27, 2016.

Argo Group International Holdings Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines (E&S) Commercial Specialty International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite. Commercial Specialty segment provides property casualty and surety coverages designed to meet the insurance needs of businesses within certain markets. International Specialty segment underwrites insurance and reinsurance risks. The Syndicate 1200 segment underwrites worldwide property specialty and non-United States liability insurance.

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