Ameriprise Financial Inc. Trims Position in Allied World Assurance Company Holdings Ltd (AWH)

Ameriprise Financial Inc. lessened its position in shares of Allied World Assurance Company Holdings Ltd (NYSE:AWH) by 47.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 137,979 shares of the insurance provider’s stock after selling 126,145 shares during the period. Ameriprise Financial Inc.’s holdings in Allied World Assurance Company Holdings were worth $7,300,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Cutler Group LP increased its holdings in shares of Allied World Assurance Company Holdings by 154.3% in the 2nd quarter. Cutler Group LP now owns 2,800 shares of the insurance provider’s stock worth $148,000 after buying an additional 1,699 shares during the last quarter. KBC Group NV increased its holdings in shares of Allied World Assurance Company Holdings by 82.6% in the 2nd quarter. KBC Group NV now owns 4,151 shares of the insurance provider’s stock worth $199,000 after buying an additional 1,878 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Allied World Assurance Company Holdings by 11.2% in the 1st quarter. SG Americas Securities LLC now owns 6,879 shares of the insurance provider’s stock worth $365,000 after buying an additional 691 shares during the last quarter. Teacher Retirement System of Texas increased its holdings in shares of Allied World Assurance Company Holdings by 2.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 6,985 shares of the insurance provider’s stock worth $370,000 after buying an additional 156 shares during the last quarter. Finally, Reliance Trust Co. of Delaware bought a new position in shares of Allied World Assurance Company Holdings in the 2nd quarter worth $381,000. 86.52% of the stock is currently owned by institutional investors and hedge funds.

Shares of Allied World Assurance Company Holdings Ltd (NYSE AWH) opened at 49.24 on Friday. Allied World Assurance Company Holdings Ltd has a 52 week low of $39.09 and a 52 week high of $54.46. The stock has a 50 day moving average of $49.16 and a 200-day moving average of $51.86.

A number of equities analysts have recently commented on the stock. ValuEngine lowered shares of Allied World Assurance Company Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. BidaskClub raised shares of Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $39.25.

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About Allied World Assurance Company Holdings

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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