Shares of Aspen Insurance Holdings Limited (NYSE:AHL) hit a new 52-week low during trading on Tuesday . The stock traded as low as $42.60 and last traded at $42.30, with a volume of 515,715 shares traded. The stock had previously closed at $45.40.

Several analysts recently commented on AHL shares. BidaskClub upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Zacks Investment Research upgraded Aspen Insurance Holdings Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Barclays PLC dropped their price target on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating for the company in a research report on Thursday, July 27th. TheStreet cut Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Finally, UBS AG reiterated a “neutral” rating and set 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 research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $54.50.

The company has a market cap of $2.52 billion, a P/E ratio of 17.23 and a beta of 0.73. The firm has a 50-day moving average price of $48.24 and a 200-day moving average price of $51.08.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share for the quarter, missing the consensus estimate of $1.01 by $0.54. The company had revenue of $562 million for 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% on a year-over-year basis. During the same period in the previous year, the business posted $0.40 EPS. On average, equities research analysts forecast that Aspen Insurance Holdings Limited will post $2.73 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 29th. Shareholders of record on Monday, August 14th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend was Thursday, August 10th. Aspen Insurance Holdings Limited’s payout ratio is 39.67%.

A number of institutional investors have recently added to or reduced their stakes in AHL. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Aspen Insurance Holdings Limited by 13.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock worth $122,000 after buying an additional 284 shares in the last quarter. TLP Group LLC purchased a new position in Aspen Insurance Holdings Limited during the first quarter worth $187,000. Susquehanna International Group LLP purchased a new position in Aspen Insurance Holdings Limited during the second quarter worth $201,000. PNC Financial Services Group Inc. increased its position in Aspen Insurance Holdings Limited by 17.9% during the second quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock worth $216,000 after buying an additional 659 shares in the last quarter. Finally, Credit Agricole S A increased its position in Aspen Insurance Holdings Limited by 155.6% during the first quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock worth $224,000 after buying an additional 2,622 shares in the last quarter. 91.92% of the stock is owned by institutional investors.

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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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