Argo Group International Holdings Ltd (NASDAQ:AGII) Stock May Be About to Breakout After KBW Upgrades Shares

April 20, 2018 - By Linda Rogers

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

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.28, from 1.23 in 2017Q3. It turned negative, as 23 investors sold Argo Group International Holdings, Ltd. shares while 57 reduced holdings. 26 funds opened positions while 50 raised stakes. 24.69 million shares or 0.42% less from 24.79 million shares in 2017Q3 were reported.

Geode Capital Mgmt Limited Liability Corporation has 266,663 shares for 0.01% of their portfolio. Ubs Asset Mngmt Americas Incorporated reported 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Tower Research Cap Ltd Limited Liability Company (Trc) reported 225 shares. New York-based American Intll Group has invested 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Moreover, Aperio Limited Liability Company has 0% invested in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Deutsche Retail Bank Ag holds 216,154 shares. Panagora Asset Management has 96 shares. Prudential Financial owns 49,647 shares for 0% of their portfolio. Jefferies Ltd Liability Company has invested 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Goldman Sachs Group Inc, New York-based fund reported 229,460 shares. Rmb Cap Management Ltd Limited Liability Company owns 0.16% invested in Argo Group International Holdings, Ltd. (NASDAQ:AGII) for 99,662 shares. Diversified Tru Co invested in 0.01% or 3,950 shares. Invesco Ltd holds 396,105 shares or 0.01% of its portfolio. Dean Invest Assocs Lc reported 99,085 shares. Millennium Management Ltd Co holds 0.01% in Argo Group International Holdings, Ltd. (NASDAQ:AGII) or 175,731 shares.

Argo Group International Holdings Ltd (NASDAQ:AGII) Stock Upgrade

Trading of shares of Argo Group International Holdings Ltd (NASDAQ:AGII) will be interesting to watch this afternoon as KBW upped the stock to a “Buy”.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.28, from 1.23 in 2017Q3. It turned negative, as 23 investors sold Argo Group International Holdings, Ltd. shares while 57 reduced holdings. 26 funds opened positions while 50 raised stakes. 24.69 million shares or 0.42% less from 24.79 million shares in 2017Q3 were reported.

Geode Capital Mgmt Limited Liability Corporation has 266,663 shares for 0.01% of their portfolio. Ubs Asset Mngmt Americas Incorporated reported 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Tower Research Cap Ltd Limited Liability Company (Trc) reported 225 shares. New York-based American Intll Group has invested 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Moreover, Aperio Limited Liability Company has 0% invested in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Deutsche Retail Bank Ag holds 216,154 shares. Panagora Asset Management has 96 shares. Prudential Financial owns 49,647 shares for 0% of their portfolio. Jefferies Ltd Liability Company has invested 0% in Argo Group International Holdings, Ltd. (NASDAQ:AGII). Goldman Sachs Group Inc, New York-based fund reported 229,460 shares. Rmb Cap Management Ltd Limited Liability Company owns 0.16% invested in Argo Group International Holdings, Ltd. (NASDAQ:AGII) for 99,662 shares. Diversified Tru Co invested in 0.01% or 3,950 shares. Invesco Ltd holds 396,105 shares or 0.01% of its portfolio. Dean Invest Assocs Lc reported 99,085 shares. Millennium Management Ltd Co holds 0.01% in Argo Group International Holdings, Ltd. (NASDAQ:AGII) or 175,731 shares.

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

Among 2 analysts covering Argo Group International (NASDAQ:AGII), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Argo Group International had 2 analyst reports since December 28, 2017 according to SRatingsIntel. The company was upgraded on Thursday, December 28 by Keefe Bruyette & Woods. The company was upgraded on Thursday, December 28 by Wood.

The stock increased 0.42% or $0.25 during the last trading session, reaching $59.1. About 42,414 shares traded. Argo Group International Holdings, Ltd. (NASDAQ:AGII) has declined 1.44% since April 20, 2017 and is downtrending. It has underperformed by 12.99% the S&P500.

Analysts await Argo Group International Holdings, Ltd. (NASDAQ:AGII) to report earnings on May, 2. They expect $0.78 EPS, up 25.81 % or $0.16 from last year’s $0.62 per share. AGII’s profit will be $26.30M for 18.94 P/E if the $0.78 EPS becomes a reality. After $-0.57 actual EPS reported by Argo Group International Holdings, Ltd. for the previous quarter, Wall Street now forecasts -236.84 % EPS growth.

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty market worldwide. The company has market cap of $1.99 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 41.44 P/E ratio. This segment distributes its products through a network of wholesale agents and brokers.

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

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