Prudential Financial Inc. cut its stake in Aspen Insurance Holdings Limited (NYSE:AHL) by 75.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 76,201 shares of the insurance provider’s stock after selling 240,238 shares during the period. Prudential Financial Inc.’s holdings in Aspen Insurance Holdings Limited were worth $3,966,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quantbot Technologies LP boosted its position in shares of Aspen Insurance Holdings Limited by 3,766.9% in the first quarter. Quantbot Technologies LP now owns 5,375 shares of the insurance provider’s stock valued at $279,000 after buying an additional 5,236 shares during the period. M&T Bank Corp boosted its position in shares of Aspen Insurance Holdings Limited by 1.0% in the first quarter. M&T Bank Corp now owns 5,907 shares of the insurance provider’s stock valued at $308,000 after buying an additional 58 shares during the period. Mason Street Advisors LLC boosted its position in shares of Aspen Insurance Holdings Limited by 0.6% in the first quarter. Mason Street Advisors LLC now owns 28,266 shares of the insurance provider’s stock valued at $1,471,000 after buying an additional 162 shares during the period. Hancock Holding Co. boosted its position in shares of Aspen Insurance Holdings Limited by 139.3% in the first quarter. Hancock Holding Co. now owns 46,540 shares of the insurance provider’s stock valued at $2,423,000 after buying an additional 27,090 shares during the period. Finally, Martingale Asset Management L P boosted its position in shares of Aspen Insurance Holdings Limited by 6.0% in the first quarter. Martingale Asset Management L P now owns 392,551 shares of the insurance provider’s stock valued at $20,433,000 after buying an additional 22,197 shares during the period. 91.78% of the stock is currently owned by institutional investors.

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

Aspen Insurance Holdings Limited (NYSE AHL) opened at 49.60 on Monday. The company has a 50-day moving average price of $50.62 and a 200 day moving average price of $53.42. Aspen Insurance Holdings Limited has a 52 week low of $43.27 and a 52 week high of $57.80. The company has a market cap of $2.98 billion, a PE ratio of 21.85 and a beta of 0.72.

Aspen Insurance Holdings Limited (NYSE:AHL) last posted its earnings results on Wednesday, April 26th. The insurance provider reported $0.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.21. Aspen Insurance Holdings Limited had a net margin of 6.91% and a return on equity of 3.97%. The firm had revenue of $581.10 million during the quarter, compared to the consensus estimate of $686.46 million. During the same quarter last year, the firm earned $1.29 EPS. On average, equities research analysts forecast that Aspen Insurance Holdings Limited will post $3.61 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 30th. Investors of record on Friday, May 12th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.94%. The ex-dividend date was Wednesday, May 10th. This is an increase from Aspen Insurance Holdings Limited’s previous quarterly dividend of $0.22. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is 42.86%.

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Several brokerages recently issued reports on AHL. Deutsche Bank AG increased their price objective on Aspen Insurance Holdings Limited from $53.00 to $55.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Zacks Investment Research cut Aspen Insurance Holdings Limited from a “buy” rating to a “strong sell” rating in a research note on Wednesday, March 8th.

About Aspen Insurance Holdings Limited

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.

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