Texas Permanent School Fund raised its position in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 1.1% during the second quarter, Holdings Channel reports. The fund owned 43,798 shares of the insurance provider’s stock after buying an additional 478 shares during the period. Texas Permanent School Fund’s holdings in Aspen Insurance Holdings Limited were worth $2,183,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Aviance Capital Partners LLC boosted its stake in shares of Aspen Insurance Holdings Limited by 2.3% in the second quarter. Aviance Capital Partners LLC now owns 26,403 shares of the insurance provider’s stock worth $1,316,000 after buying an additional 599 shares during the last quarter. ING Groep NV acquired a new stake in shares of Aspen Insurance Holdings Limited during the second quarter worth approximately $364,000. Parametrica Management Ltd boosted its stake in shares of Aspen Insurance Holdings Limited by 52.3% in the second quarter. Parametrica Management Ltd now owns 7,101 shares of the insurance provider’s stock worth $354,000 after buying an additional 2,438 shares during the last quarter. Breton Hill Capital Ltd. boosted its stake in shares of Aspen Insurance Holdings Limited by 1.2% in the second quarter. Breton Hill Capital Ltd. now owns 13,564 shares of the insurance provider’s stock worth $676,000 after buying an additional 165 shares during the last quarter. Finally, State Treasurer State of Michigan boosted its stake in shares of Aspen Insurance Holdings Limited by 1.6% in the second quarter. State Treasurer State of Michigan now owns 24,700 shares of the insurance provider’s stock worth $1,231,000 after buying an additional 400 shares during the last quarter. Institutional investors own 90.65% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (AHL) opened at 47.55 on Friday. The stock has a market capitalization of $2.85 billion, a PE ratio of 19.44 and a beta of 0.72. The company’s 50 day moving average is $50.02 and its 200-day moving average is $52.24. Aspen Insurance Holdings Limited has a 52 week low of $44.05 and a 52 week high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last posted its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by $0.54. The business had revenue of $562 million during the quarter, compared to analysts’ expectations of $639.57 million. Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The business’s quarterly revenue was down 17.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.40 EPS. On average, equities analysts predict that Aspen Insurance Holdings Limited will post $3.02 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 29th. Investors of record on Monday, August 14th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, August 10th. Aspen Insurance Holdings Limited’s payout ratio is 39.67%.

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A number of analysts recently commented on the stock. UBS AG restated a “neutral” rating and set a $52.00 price target (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research note on Tuesday, August 1st. TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Barclays PLC dropped 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 research note on Thursday, July 27th. BidaskClub cut shares of Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th. Finally, Zacks Investment Research cut shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Aspen Insurance Holdings Limited presently has an average rating of “Hold” and an average price target of $54.50.

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.

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

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