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Institutional investors now own 92.65% of Assurant, as the company reports strong earnings and a higher dividend.
Public Sector Pension Investment Board and other institutional investors have increased their stakes in Assurant, Inc. (AIZ), now owning 92.65% of the stock.
Assurant reported strong third-quarter earnings, surpassing estimates with $3.00 EPS and $2.97 billion in revenue.
The company's stock has gained 2.3% in the last quarter, and it recently announced a $0.80 quarterly dividend.
Analysts predict a full-year EPS of 15.41.
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Los inversores institucionales poseen ahora el 92,65% de Assurant, ya que la compañía reporta ganancias fuertes y un dividendo más alto.