13,500 Shares in MBIA Inc. (MBI) Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP purchased a new position in MBIA Inc. (NYSE:MBI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,500 shares of the insurance provider’s stock, valued at approximately $120,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MBI. Hsbc Holdings PLC grew its holdings in shares of MBIA by 5.1% during the fourth quarter. Hsbc Holdings PLC now owns 21,816 shares of the insurance provider’s stock worth $194,000 after buying an additional 1,053 shares in the last quarter. Truehand Inc purchased a new stake in shares of MBIA during the fourth quarter worth $34,000. Bessemer Group Inc. grew its holdings in shares of MBIA by 140.4% during the fourth quarter. Bessemer Group Inc. now owns 6,850 shares of the insurance provider’s stock worth $61,000 after buying an additional 4,000 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of MBIA by 4.7% during the third quarter. Legal & General Group Plc now owns 168,259 shares of the insurance provider’s stock worth $1,799,000 after buying an additional 7,531 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of MBIA by 0.7% during the fourth quarter. Northern Trust Corp now owns 1,191,501 shares of the insurance provider’s stock worth $10,629,000 after buying an additional 7,771 shares in the last quarter. 94.71% of the stock is owned by institutional investors.

Shares of MBI opened at $9.60 on Monday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 4.17. MBIA Inc. has a 12-month low of $7.95 and a 12-month high of $11.62.

In related news, Director Theodore Shasta sold 12,121 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $10.66, for a total value of $129,209.86. Following the completion of the sale, the director now owns 107,016 shares of the company’s stock, valued at $1,140,790.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.83% of the company’s stock.

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MBIA Company Profile

MBIA, Inc operates as holding company. Through its subsidiaries, it provides financial guarantee insurance, related reinsurance, advisory and portfolio services, and asset management advisory services. It operates through the following business segments: U.S. Public Finance Insurance, Corporate, and International and Structured Finance Insurance.

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Institutional Ownership by Quarter for MBIA (NYSE:MBI)

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