Economy

Aspen Insurance Holdings Limited (AHL) Holdings Boosted by Systematic Financial Management LP

More notable recent Aspen Insurance Holdings Limited (NYSE:AHL) news were published by: Nasdaq.com which released: "Aspen Insurance Holdings Limited (AHL) Ex-Dividend Date Scheduled for August ..." on August 09, 2017, also Seekingalpha.com with their article: "Aspen Insurance Holdings' (AHL) CEO Chris O'Kane on Q2 2017 Results - Earnings ..." published on July 29, 2017, Seekingalpha.com published: "Aspen Insurance Holdings' (AHL) CEO Chris O'Kane on Q4 2016 Results - Earnings ..." on February 09, 2017. The firm owned 378,311 shares of the insurance provider's stock after purchasing an additional 53,395 shares during the period. As of quarter end AHL Partners LLP had bought a total of 105,850 shares growing its holdings by 532.3%.

Among 4 analysts covering Aspen Insurance Holdings Ltd (NYSE:AHL), 0 have Buy rating, 0 Sell and 4 Hold. BlackRock Inc. now owns 4,955,473 shares of the insurance provider's stock worth $257,934,000 after acquiring an additional 4,883,752 shares during the period. The value of the investment in Aspen Insurance Holdings Limite went from $953,000 to $1,329,000 a change of 39.5% quarter over quarter. State Street Corp now owns 1,913,208 shares of the insurance provider's stock worth $99,582,000 after acquiring an additional 103,520 shares during the period. Finally, Barclays PLC cut their price target on shares of Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an "equal weight" rating on the stock in a report on Thursday, July 27th. The value of the investment in (AHL) went from $1,035,000 to $6,268,000 a change of $5,233,000 since the last quarter. Capstone Asset Management upgraded its stake in stocks of Aspen Insurance Holdings by 3.7% in the Q1. Glen Harbor Capital Management LLC now owns 52,360 shares of the insurance provider's stock valued at $2,725,000 after purchasing an additional 3,026 shares in the last quarter. Institutional investors own 91.92% of the company's stock. Aspen Re consists of property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty insurance and reinsurance. If you are reading this piece on another website, it was stolen and republished in violation of United States & global copyright legislation. The legal version of this piece of content can be accessed at https://www.truebluetribune.com/2017/09/10/sg-americas-securities-llc-acquires-5943-shares-of-aspen-insurance-holdings-limited-ahl.html.

Aspen Insurance Holdings (NYSE:AHL) previously announced its periodic earnings reports on early Wed, Jul 26th. UBS AG reiterated a "neutral" recommendation and given a $52.00 price objective (down from $54.00) on stocks of Aspen Insurance Holdings in a study report on early Tue, Aug 1st. Zacks Investment Research lowered shares of Aspen Insurance Holdings Limited from a "hold" rating to a "sell" rating in a report on Monday, July 17th.

Investors are more bullish on shares of Aspen Insurance Holdings Limite at least if you consider the downtick in short interest. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company presently has a consensus rating of "Hold" and an average target price of $54.50.

Shares of Aspen Insurance Holdings Limited (AHL) opened at 38.15 on Monday.

Aspen Insurance Holdings Limited is a holding company.

Shares of the company are trading at $36.45 a great deal lower than the 50 day moving average which is $47.19 and which is quite a bit below the 200 day moving average of $50.68. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.01 by $0.54. The firm had revenue of $562 million for the quarter, compared to the consensus estimate of $639.57 million. Its operating subsidiaries include Aspen Insurance UK Limited (Aspen U.K.), Aspen Underwriting Limited (AUL), Aspen Bermuda Limited (Aspen Bermuda), Aspen Specialty Insurance Company (Aspen Specialty), Aspen Re America, Inc. The company's revenue was down 17.5% compared to the same quarter past year. During the same period a year ago, the company earned $0.40 EPS. Equities analysts predict that Aspen Insurance Holdings Limited will post $2.67 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 29th. The dividend was $0.240 per share for the quarter or $0.96 on an annualized basis. The ex-dividend date was Thursday, August 10th. The dividend yield was $2.33. Trexquant Investment LP bought a new position in shares of Aspen Insurance Holdings Limited in the 2nd quarter worth $239,000.



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