Janus Henderson Group PLC Buys New Stake in Aspen Insurance Holdings Limited (NYSE:AHL)

Janus Henderson Group PLC acquired a new stake in Aspen Insurance Holdings Limited (NYSE:AHL) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 53,700 shares of the insurance provider’s stock, valued at approximately $2,677,000. Janus Henderson Group PLC owned 0.09% of Aspen Insurance Holdings Limited at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in AHL. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Aspen Insurance Holdings Limited by 13.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after purchasing an additional 284 shares in the last quarter. TLP Group LLC increased its stake in Aspen Insurance Holdings Limited by 13.7% in the second quarter. TLP Group LLC now owns 4,094 shares of the insurance provider’s stock valued at $204,000 after purchasing an additional 494 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Aspen Insurance Holdings Limited by 17.9% in the second quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock valued at $216,000 after purchasing an additional 659 shares in the last quarter. Credit Agricole S A increased its stake in Aspen Insurance Holdings Limited by 155.6% in the first quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after purchasing an additional 2,622 shares in the last quarter. Finally, OxFORD Asset Management LLP bought a new stake in shares of Aspen Insurance Holdings Limited during the second quarter worth $233,000. Institutional investors and hedge funds own 92.41% of the company’s stock.

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AHL has been the subject of several research reports. Buckingham Research initiated coverage on shares of Aspen Insurance Holdings Limited in a research report on Monday, September 11th. They set a “buy” rating and a $44.00 price objective for the company. Zacks Investment Research downgraded shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. BidaskClub downgraded shares of Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. ValuEngine downgraded shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Finally, Barclays PLC cut their price target on shares of Aspen Insurance Holdings Limited from $49.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, October 16th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $46.75.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) traded up $0.30 during trading on Friday, reaching $42.15. 420,100 shares of the company’s stock traded hands, compared to its average volume of 418,487. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.21. Aspen Insurance Holdings Limited has a twelve month low of $35.05 and a twelve month high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share (EPS) for the quarter, beating the consensus estimate of ($5.07) by $0.29. Aspen Insurance Holdings Limited had a negative net margin of 6.00% and a negative return on equity of 5.68%. The company had revenue of $652.50 million for the quarter, compared to analyst estimates of $626.56 million. During the same period in the previous year, the firm posted $0.97 EPS. The firm’s revenue was down 4.2% on a year-over-year basis. equities research analysts expect that Aspen Insurance Holdings Limited will post -2.6 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Friday, November 10th will be given a $0.24 dividend. The ex-dividend date is Thursday, November 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.28%. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is currently -27.75%.

Aspen Insurance Holdings Limited 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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