Aspen Insurance Holdings Limited (NYSE:AHL) shares were down 1.6% during trading on Wednesday . The stock traded as low as $41.05 and last traded at $40.48. Approximately 584,014 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 385,025 shares. The stock had previously closed at $41.15.

Several research analysts have recently commented on AHL shares. Zacks Investment Research downgraded Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a report on Monday, July 17th. Barclays PLC reduced their target price on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a report on Thursday, July 27th. BidaskClub raised Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a report on Friday, July 7th. UBS AG reaffirmed a “neutral” rating and set a $52.00 price objective (down previously from $54.00) on shares of Aspen Insurance Holdings Limited in a report on Tuesday, August 1st. Finally, TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a report on Thursday, July 27th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $54.50.

The stock has a 50-day moving average of $47.90 and a 200-day moving average of $50.85. The stock has a market cap of $2.43 billion, a PE ratio of 16.62 and a beta of 0.73.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced 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. Aspen Insurance Holdings Limited had a net margin of 7.66% and a return on equity of 3.84%. The firm had revenue of $562 million during the quarter, compared to the consensus estimate of $639.57 million. During the same period last year, the business earned $0.40 earnings per share. The business’s revenue was down 17.5% compared to the same quarter last year. On average, analysts expect that Aspen Insurance Holdings Limited will post $2.73 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Shareholders of record on Monday, August 14th were given a $0.24 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.36%. Aspen Insurance Holdings Limited’s dividend payout ratio is currently 39.67%.

Institutional investors have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Aspen Insurance Holdings Limited by 13.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after buying an additional 284 shares in the last quarter. TLP Group LLC acquired a new stake in Aspen Insurance Holdings Limited in the first quarter valued at approximately $187,000. Susquehanna International Group LLP acquired a new stake in Aspen Insurance Holdings Limited in the second quarter valued at approximately $201,000. PNC Financial Services Group Inc. boosted its position in Aspen Insurance Holdings Limited by 17.9% in the second quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock valued at $216,000 after buying an additional 659 shares in the last quarter. Finally, Credit Agricole S A boosted its position in Aspen Insurance Holdings Limited by 155.6% in the first quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after buying an additional 2,622 shares in the last quarter. Hedge funds and other institutional investors own 91.92% of the company’s stock.

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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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