Wells Fargo & Company MN lowered its holdings in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 29.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 563,513 shares of the insurance provider’s stock after selling 236,756 shares during the quarter. Wells Fargo & Company MN owned 0.94% of Aspen Insurance Holdings Limited worth $28,091,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AHL. Suntrust Banks Inc. boosted its holdings in Aspen Insurance Holdings Limited by 3.5% during the 1st quarter. Suntrust Banks Inc. now owns 7,347 shares of the insurance provider’s stock valued at $381,000 after acquiring an additional 246 shares during the period. Swiss National Bank boosted its holdings in Aspen Insurance Holdings Limited by 0.7% during the 1st quarter. Swiss National Bank now owns 99,200 shares of the insurance provider’s stock valued at $5,163,000 after acquiring an additional 700 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in Aspen Insurance Holdings Limited by 10.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 52,189 shares of the insurance provider’s stock valued at $2,716,000 after acquiring an additional 4,734 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in Aspen Insurance Holdings Limited by 8.7% during the 1st quarter. Parametric Portfolio Associates LLC now owns 140,779 shares of the insurance provider’s stock valued at $7,328,000 after acquiring an additional 11,304 shares during the period. Finally, Mason Street Advisors LLC boosted its holdings in Aspen Insurance Holdings Limited by 0.6% during the 1st quarter. Mason Street Advisors LLC now owns 28,266 shares of the insurance provider’s stock valued at $1,471,000 after acquiring an additional 162 shares during the period. Institutional investors own 91.91% of the company’s stock.

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Shares of Aspen Insurance Holdings Limited (NYSE:AHL) opened at 40.95 on Friday. Aspen Insurance Holdings Limited has a one year low of $35.05 and a one year high of $57.80. The stock has a market capitalization of $2.45 billion, a PE ratio of 16.74 and a beta of 0.73. The firm has a 50 day moving average price of $45.06 and a 200 day moving average price of $49.73.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The firm had revenue of $562.00 million for the quarter, compared to analysts’ expectations of $639.57 million. During the same quarter in the prior year, the business earned $0.40 earnings per share. The company’s quarterly revenue was down 17.5% on a year-over-year basis. Analysts predict that Aspen Insurance Holdings Limited will post $0.21 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Investors of record on Monday, August 14th were issued a $0.24 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.34%. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is presently 39.67%.

AHL has been the subject of a number of recent analyst reports. UBS AG dropped their price objective on Aspen Insurance Holdings Limited from $52.00 to $45.00 and set a “neutral” rating for the company in a report on Tuesday. Barclays PLC dropped their price objective on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating for the company in a report on Thursday, July 27th. BidaskClub cut Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. Zacks Investment Research upgraded Aspen Insurance Holdings Limited from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Buckingham Research began coverage on Aspen Insurance Holdings Limited in a report on Monday, September 11th. They issued a “buy” rating and a $44.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Aspen Insurance Holdings Limited currently has a consensus rating of “Hold” and a consensus target price of $51.00.

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

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