XTX Topco Ltd Makes New $152,000 Investment in MBIA Inc. (NYSE:MBI)

XTX Topco Ltd bought a new stake in shares of MBIA Inc. (NYSE:MBI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 23,527 shares of the insurance provider’s stock, valued at approximately $152,000.

Other large investors have also recently modified their holdings of the company. HighTower Advisors LLC boosted its stake in shares of MBIA by 7.0% during the 4th quarter. HighTower Advisors LLC now owns 30,597 shares of the insurance provider’s stock valued at $198,000 after purchasing an additional 2,000 shares in the last quarter. Barclays PLC boosted its stake in shares of MBIA by 279.1% during the 3rd quarter. Barclays PLC now owns 58,406 shares of the insurance provider’s stock valued at $209,000 after purchasing an additional 42,998 shares in the last quarter. Invesco Ltd. boosted its stake in shares of MBIA by 7.4% during the 4th quarter. Invesco Ltd. now owns 37,857 shares of the insurance provider’s stock valued at $245,000 after purchasing an additional 2,613 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of MBIA by 70.5% during the 3rd quarter. Jane Street Group LLC now owns 78,814 shares of the insurance provider’s stock valued at $281,000 after purchasing an additional 32,591 shares in the last quarter. Finally, Trexquant Investment LP boosted its stake in shares of MBIA by 557.9% during the 4th quarter. Trexquant Investment LP now owns 109,542 shares of the insurance provider’s stock valued at $708,000 after purchasing an additional 92,892 shares in the last quarter. Institutional investors own 60.95% of the company’s stock.

MBIA Price Performance

Shares of NYSE MBI opened at $4.58 on Tuesday. MBIA Inc. has a 1 year low of $3.22 and a 1 year high of $7.46. The stock has a market cap of $230.70 million, a P/E ratio of -0.41 and a beta of 1.80. The firm has a 50-day moving average of $5.11 and a 200 day moving average of $5.63.

MBIA (NYSE:MBI) last issued its quarterly earnings results on Thursday, February 27th. The insurance provider reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.17). The company had revenue of $29.00 million for the quarter, compared to the consensus estimate of $28.70 million. Research analysts expect that MBIA Inc. will post -3.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of MBIA from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th.

MBIA Company Profile

MBIA Inc provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S.