Versor Investments LP significantly reduced its stake in Assurant, Inc. (NYSE:AIZ) by 80.8% in Q3, now holding 1,577 shares valued at $342,000. Assurant reported strong Q3 earnings, beating estimates with EPS of $5.61 and revenue of $3.35 billion, a 7.9% increase year-over-year. The company also declared a quarterly dividend of $0.88, leading to a consensus “Moderate Buy” rating from analysts with an average price target of $258.17.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Versor Investments LP Has $342,000 Stake in Assurant, Inc. $AIZ
Versor Investments LP significantly reduced its stake in Assurant, Inc. (NYSE:AIZ) by 80.8% in Q3, now holding 1,577 shares valued at $342,000. Assurant reported strong Q3 earnings, beating estimates with EPS of $5.61 and revenue of $3.35 billion, a 7.9% increase year-over-year. The company also declared a quarterly dividend of $0.88, leading to a consensus “Moderate Buy” rating from analysts with an average price target of $258.17.