Hunting Hill Global Capital LLC acquired a new position in Allied World Assurance Company Holdings Ltd (NYSE:AWH) during the second quarter, Holdings Channel reports. The institutional investor acquired 68,000 shares of the insurance provider’s stock, valued at approximately $3,597,000. Allied World Assurance Company Holdings accounts for about 0.9% of Hunting Hill Global Capital LLC’s investment portfolio, making the stock its 12th largest position.

Several other large investors have also modified their holdings of AWH. BlackRock Inc. increased its stake in Allied World Assurance Company Holdings by 10,609.4% in the first quarter. BlackRock Inc. now owns 3,670,112 shares of the insurance provider’s stock worth $194,882,000 after buying an additional 3,635,842 shares during the last quarter. Credit Suisse AG increased its stake in Allied World Assurance Company Holdings by 76.6% in the first quarter. Credit Suisse AG now owns 3,189,368 shares of the insurance provider’s stock worth $169,355,000 after buying an additional 1,383,692 shares during the last quarter. Cowen Group Inc. increased its stake in Allied World Assurance Company Holdings by 964.2% in the first quarter. Cowen Group Inc. now owns 1,158,012 shares of the insurance provider’s stock worth $61,490,000 after buying an additional 1,049,197 shares during the last quarter. Vivaldi Asset Management LLC purchased a new stake in Allied World Assurance Company Holdings during the first quarter worth $52,698,000. Finally, Bank of America Corp DE increased its stake in Allied World Assurance Company Holdings by 90.8% in the first quarter. Bank of America Corp DE now owns 1,430,890 shares of the insurance provider’s stock worth $75,981,000 after buying an additional 680,763 shares during the last quarter. Institutional investors own 86.52% of the company’s stock.

Shares of Allied World Assurance Company Holdings Ltd (NYSE:AWH) opened at 49.24 on Wednesday. Allied World Assurance Company Holdings Ltd has a 52-week low of $39.09 and a 52-week high of $54.46. The firm’s 50-day moving average price is $50.42 and its 200-day moving average price is $52.37.

ILLEGAL ACTIVITY WARNING: This report was published by Daily Political and is owned by of Daily Political. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/08/09/hunting-hill-global-capital-llc-acquires-new-position-in-allied-world-assurance-company-holdings-ltd-nyseawh.html.

A number of equities research analysts have weighed in on AWH shares. Zacks Investment Research upgraded Allied World Assurance Company Holdings from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Evercore ISI started coverage on Allied World Assurance Company Holdings in a research report on Monday, June 5th. They set an “in-line” rating and a $24.50 price target on the stock. ValuEngine upgraded Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating in a research report on Saturday, July 8th. Finally, BidaskClub upgraded Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 29th. One equities research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $45.83.

About Allied World Assurance Company Holdings

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada.

Want to see what other hedge funds are holding AWH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allied World Assurance Company Holdings Ltd (NYSE:AWH).

Institutional Ownership by Quarter for Allied World Assurance Company Holdings (NYSE:AWH)

Receive News & Ratings for Allied World Assurance Company Holdings Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied World Assurance Company Holdings Ltd and related companies with MarketBeat.com's FREE daily email newsletter.