Retirement Systems of Alabama raised its position in Aspen Insurance Holdings Limited (NYSE:AHL) by 0.0% during the second quarter, Holdings Channel reports. The fund owned 200,633 shares of the insurance provider’s stock after buying an additional 88 shares during the period. Retirement Systems of Alabama’s holdings in Aspen Insurance Holdings Limited were worth $10,002,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Suntrust Banks Inc. increased its stake in shares of Aspen Insurance Holdings Limited by 3.5% in the first quarter. Suntrust Banks Inc. now owns 7,347 shares of the insurance provider’s stock worth $381,000 after buying an additional 246 shares during the last quarter. Strategic Advisors LLC increased its stake in shares of Aspen Insurance Holdings Limited by 1.1% in the first quarter. Strategic Advisors LLC now owns 91,650 shares of the insurance provider’s stock worth $2,332,000 after buying an additional 1,000 shares during the last quarter. Elkfork Partners LLC increased its stake in shares of Aspen Insurance Holdings Limited by 6.1% in the first quarter. Elkfork Partners LLC now owns 33,880 shares of the insurance provider’s stock worth $1,763,000 after buying an additional 1,958 shares during the last quarter. Nuance Investments LLC increased its stake in shares of Aspen Insurance Holdings Limited by 10.1% in the first quarter. Nuance Investments LLC now owns 52,489 shares of the insurance provider’s stock worth $2,732,000 after buying an additional 4,813 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Aspen Insurance Holdings Limited by 0.4% in the first quarter. First Trust Advisors LP now owns 282,704 shares of the insurance provider’s stock worth $14,715,000 after buying an additional 1,258 shares during the last quarter. 90.65% of the stock is owned by hedge funds and other institutional investors.

Aspen Insurance Holdings Limited (AHL) opened at 47.70 on Friday. The firm has a 50-day moving average price of $49.95 and a 200 day moving average price of $52.18. Aspen Insurance Holdings Limited has a 52-week low of $44.05 and a 52-week high of $57.80. The firm has a market capitalization of $2.85 billion, a P/E ratio of 19.50 and a beta of 0.72.

Aspen Insurance Holdings Limited (NYSE:AHL) last issued its quarterly earnings data 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 business had revenue of $562 million for the quarter, compared to analyst estimates of $639.57 million. During the same quarter last year, the business earned $0.40 EPS. Aspen Insurance Holdings Limited’s revenue for the quarter was down 17.5% compared to the same quarter last year. Analysts forecast that Aspen Insurance Holdings Limited will post $3.02 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 29th. Shareholders of record on Monday, August 14th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.01%. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is presently 39.67%.

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A number of brokerages recently issued reports on AHL. Deutsche Bank AG raised their price objective on Aspen Insurance Holdings Limited from $53.00 to $55.00 and gave the stock a “hold” rating in a research report on Friday, April 28th. BidaskClub raised Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Zacks Investment Research downgraded Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. UBS AG reaffirmed a “neutral” rating and issued 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, TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The company has an average rating of “Hold” and an average target price 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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