Fayez Sarofim & Co. maintained its position in Allied World Assurance Company Holdings Ltd (NYSE:AWH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 157,020 shares of the insurance provider’s stock at the close of the second quarter. Fayez Sarofim & Co.’s holdings in Allied World Assurance Company Holdings were worth $8,306,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. boosted its holdings in Allied World Assurance Company Holdings by 9.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 530,805 shares of the insurance provider’s stock valued at $28,186,000 after purchasing an additional 47,165 shares during the period. JPMorgan Chase & Co. boosted its holdings in Allied World Assurance Company Holdings by 12.4% in the second quarter. JPMorgan Chase & Co. now owns 2,858,832 shares of the insurance provider’s stock valued at $151,233,000 after purchasing an additional 316,081 shares during the period. Yakira Capital Management Inc. purchased a new position in Allied World Assurance Company Holdings in the first quarter valued at $19,178,000. Suntrust Banks Inc. boosted its holdings in Allied World Assurance Company Holdings by 0.9% in the first quarter. Suntrust Banks Inc. now owns 10,471 shares of the insurance provider’s stock valued at $555,000 after purchasing an additional 93 shares during the period. Finally, Rafferty Asset Management LLC boosted its holdings in Allied World Assurance Company Holdings by 260.6% in the first quarter. Rafferty Asset Management LLC now owns 15,858 shares of the insurance provider’s stock valued at $842,000 after purchasing an additional 11,460 shares during the period. Hedge funds and other institutional investors own 86.52% of the company’s stock.

Shares of Allied World Assurance Company Holdings Ltd (AWH) traded down 1.34% during mid-day trading on Friday, reaching $49.24. The company’s stock had a trading volume of 206,590 shares. The firm has a 50-day moving average of $49.16 and a 200-day moving average of $51.86. Allied World Assurance Company Holdings Ltd has a 52 week low of $39.09 and a 52 week high of $54.46.

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A number of research analysts recently issued reports on AWH shares. Evercore ISI started coverage on Allied World Assurance Company Holdings in a report on Monday, June 5th. They issued an “in-line” rating and a $24.50 target price for the company. Zacks Investment Research upgraded Allied World Assurance Company Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 21st. BidaskClub upgraded Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Finally, ValuEngine upgraded Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $45.83.

Allied World Assurance Company Holdings Company Profile

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada.

Institutional Ownership by Quarter for Allied World Assurance Company Holdings (NYSE:AWH)

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