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

A number of equities research analysts have issued reports on the company. BidaskClub upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. Barclays PLC cut 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 research note on Thursday, July 27th. UBS AG reiterated a “neutral” rating and issued a $52.00 target price (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research note on Tuesday, August 1st. TheStreet cut Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Finally, Zacks Investment Research upgraded Aspen Insurance Holdings Limited from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has an average rating of “Hold” and an average price target of $54.50.

The stock’s 50 day moving average price is $47.19 and its 200-day moving average price is $50.68. The company has a market cap of $2.18 billion, a P/E ratio of 14.90 and a beta of 0.73.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its quarterly earnings results 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 company had revenue of $562 million during the quarter, compared to the consensus estimate of $639.57 million. During the same quarter last year, the company earned $0.40 earnings per share. The business’s revenue was down 17.5% on a year-over-year basis. On average, equities analysts anticipate that Aspen Insurance Holdings Limited will post $2.58 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 $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend was Thursday, August 10th. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is 39.67%.

Large investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of 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 purchasing an additional 284 shares during the last quarter. TLP Group LLC bought a new stake in shares of Aspen Insurance Holdings Limited during the first quarter worth $187,000. Susquehanna International Group LLP bought a new stake in shares of Aspen Insurance Holdings Limited during the second quarter worth $201,000. Credit Agricole S A grew its holdings in shares of 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 purchasing an additional 2,622 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of 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 purchasing an additional 659 shares during the last quarter. Hedge funds and other institutional investors own 91.92% of the company’s stock.

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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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