Piermont Capital Management Inc. lessened its stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 20.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 40,278 shares of the insurance provider’s stock after selling 10,093 shares during the period. Piermont Capital Management Inc. owned about 0.07% of Aspen Insurance Holdings Limited worth $2,008,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Quantbot Technologies LP lifted its position in shares of Aspen Insurance Holdings Limited by 27.4% during the 2nd quarter. Quantbot Technologies LP now owns 6,850 shares of the insurance provider’s stock valued at $341,000 after acquiring an additional 1,475 shares during the last quarter. M&T Bank Corp lifted its position in shares of Aspen Insurance Holdings Limited by 2.6% during the 2nd quarter. M&T Bank Corp now owns 6,059 shares of the insurance provider’s stock valued at $302,000 after acquiring an additional 152 shares during the last quarter. Citigroup Inc. lifted its position in shares of Aspen Insurance Holdings Limited by 191.1% during the 2nd quarter. Citigroup Inc. now owns 227,962 shares of the insurance provider’s stock valued at $11,364,000 after acquiring an additional 149,664 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Aspen Insurance Holdings Limited during the 2nd quarter valued at $386,000. Finally, Menta Capital LLC acquired a new stake in shares of Aspen Insurance Holdings Limited during the 2nd quarter valued at $538,000. Institutional investors own 91.91% of the company’s stock.

A number of equities 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 research report on Monday, July 17th. BidaskClub downgraded Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. TheStreet downgraded shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Buckingham Research initiated coverage on shares of Aspen Insurance Holdings Limited in a research note on Monday, September 11th. They set a “buy” rating and a $44.00 target price on the stock. Finally, UBS AG reissued a “neutral” rating and set a $52.00 target price (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research note on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $51.00.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) traded down 1.33% during mid-day trading on Friday, reaching $40.95. 457,017 shares of the company’s stock traded hands. Aspen Insurance Holdings Limited has a 52 week low of $35.05 and a 52 week high of $57.80. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of 16.74 and a beta of 0.73. The company’s 50 day moving average is $45.06 and its 200-day moving average is $49.73.

Aspen Insurance Holdings Limited (NYSE:AHL) last issued its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $562.00 million for the quarter, compared to analyst estimates of $639.57 million. During the same quarter in the previous year, the business earned $0.40 earnings per share. The company’s revenue was down 17.5% on a year-over-year basis. Equities analysts expect that Aspen Insurance Holdings Limited will post $0.21 earnings per share for the current fiscal year.

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

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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.

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

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