Aspen Insurance Holdings Limited (AHL) Stake Lifted by Pacad Investment Ltd.

Pacad Investment Ltd. boosted its stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 47.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,800 shares of the insurance provider’s stock after buying an additional 2,500 shares during the period. Pacad Investment Ltd.’s holdings in Aspen Insurance Holdings Limited were worth $389,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Aspen Insurance Holdings Limited by 13.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after buying an additional 284 shares in the last quarter. TLP Group LLC bought a new stake in shares of Aspen Insurance Holdings Limited in the 1st quarter worth $187,000. Credit Agricole S A increased its holdings in shares of Aspen Insurance Holdings Limited by 155.6% in the 1st quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock worth $224,000 after purchasing an additional 2,622 shares in the last quarter. LS Investment Advisors LLC increased its holdings in shares of Aspen Insurance Holdings Limited by 20.7% in the 2nd quarter. LS Investment Advisors LLC now owns 4,753 shares of the insurance provider’s stock worth $237,000 after purchasing an additional 814 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in shares of Aspen Insurance Holdings Limited by 0.6% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,790 shares of the insurance provider’s stock worth $239,000 after purchasing an additional 29 shares in the last quarter. 91.92% of the stock is owned by institutional investors.

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A number of analysts have commented on AHL shares. Zacks Investment Research lowered Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a report on Monday, July 17th. Barclays PLC dropped their price target on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 27th. BidaskClub upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. UBS AG reiterated a “neutral” rating and set a $52.00 target price (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. Finally, Buckingham Research assumed coverage on Aspen Insurance Holdings Limited in a research report on Monday. They set a “buy” rating and a $44.00 target price on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Aspen Insurance Holdings Limited has a consensus rating of “Hold” and an average target price of $52.40.

Aspen Insurance Holdings Limited (AHL) opened at 41.03 on Friday. The stock has a 50 day moving average price of $45.71 and a 200 day moving average price of $50.17. Aspen Insurance Holdings Limited has a 12 month low of $35.05 and a 12 month high of $57.80. The stock has a market capitalization of $2.46 billion, a P/E ratio of 16.77 and a beta of 0.73.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a net margin of 7.66% and a return on equity of 3.84%. The company had revenue of $562.00 million during the quarter, compared to analysts’ expectations of $639.57 million. During the same period last year, the firm earned $0.40 earnings per share. Aspen Insurance Holdings Limited’s revenue was down 17.5% on a year-over-year basis. Equities analysts predict that Aspen Insurance Holdings Limited will post $2.44 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 29th. Shareholders of record on Monday, August 14th were paid a $0.24 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.34%. Aspen Insurance Holdings Limited’s dividend payout ratio is presently 39.67%.

Aspen Insurance Holdings Limited Company Profile

Aspen Insurance Holdings Limited is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its business as two business segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). The reinsurance segment consists of property catastrophe reinsurance (including the business written through Aspen Capital Markets), other property reinsurance (risk excess, pro rata and facultative), casualty reinsurance (U.S.

Institutional Ownership by Quarter for Aspen Insurance Holdings Limited (NYSE:AHL)

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