Wedge Capital Management L L P NC boosted its position in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 623,423 shares of the insurance provider’s stock after buying an additional 5,105 shares during the period. Wedge Capital Management L L P NC’s holdings in Aspen Insurance Holdings Limited were worth $31,078,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the stock. UBS Asset Management Americas Inc. increased its stake in shares of Aspen Insurance Holdings Limited by 10.0% in the first quarter. UBS Asset Management Americas Inc. now owns 52,189 shares of the insurance provider’s stock worth $2,716,000 after buying an additional 4,734 shares in the last quarter. Amalgamated Bank increased its stake in shares of Aspen Insurance Holdings Limited by 3.0% in the first quarter. Amalgamated Bank now owns 9,527 shares of the insurance provider’s stock worth $496,000 after buying an additional 279 shares in the last quarter. TLP Group LLC purchased a new stake in shares of Aspen Insurance Holdings Limited during the first quarter worth $187,000. Aviance Capital Partners LLC increased its stake in shares of Aspen Insurance Holdings Limited by 8.3% in the first quarter. Aviance Capital Partners LLC now owns 25,804 shares of the insurance provider’s stock worth $1,343,000 after buying an additional 1,988 shares in the last quarter. Finally, CNA Financial Corp increased its stake in shares of Aspen Insurance Holdings Limited by 8.3% in the first quarter. CNA Financial Corp now owns 29,797 shares of the insurance provider’s stock worth $1,551,000 after buying an additional 2,281 shares in the last quarter. Institutional investors and hedge funds own 90.65% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) opened at 47.70 on Friday. The company has a 50 day moving average of $49.95 and a 200-day moving average of $52.18. Aspen Insurance Holdings Limited has a 12 month low of $44.05 and a 12 month 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 posted its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.54. The company had revenue of $562 million during the quarter, compared to analyst estimates of $639.57 million. Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. Aspen Insurance Holdings Limited’s revenue was down 17.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 earnings per share. Analysts predict that Aspen Insurance Holdings Limited will post $3.02 EPS for the current year.

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

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A number of analysts recently weighed in on AHL shares. Zacks Investment Research downgraded shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. 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 research report on Thursday, July 27th. BidaskClub upgraded shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Deutsche Bank AG increased their price target on shares of Aspen Insurance Holdings Limited from $53.00 to $55.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Finally, UBS AG reiterated a “neutral” rating and issued a $52.00 price target (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Aspen Insurance Holdings Limited has a consensus rating of “Hold” and an average target price of $54.50.

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

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