Stephen Postlewhite Sells 1,200 Shares of Aspen Insurance Holdings Limited (AHL) Stock

Aspen Insurance Holdings Limited (NYSE:AHL) CEO Stephen Postlewhite sold 1,200 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $41.62, for a total transaction of $49,944.00. Following the completion of the transaction, the chief executive officer now owns 39,321 shares of the company’s stock, valued at approximately $1,636,540.02. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) traded up $0.15 on Thursday, reaching $41.60. 845,500 shares of the company were exchanged, compared to its average volume of 422,822. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.71 and a quick ratio of 0.71. Aspen Insurance Holdings Limited has a 12-month low of $35.05 and a 12-month high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $652.50 million during the quarter, compared to analyst estimates of $626.56 million. During the same quarter in the prior year, the firm posted $0.97 EPS. Aspen Insurance Holdings Limited’s revenue was down 4.2% compared to the same quarter last year. equities research analysts expect that Aspen Insurance Holdings Limited will post -2.6 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Friday, November 10th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend is Thursday, November 9th. Aspen Insurance Holdings Limited’s payout ratio is -27.75%.

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A number of hedge funds and other institutional investors have recently modified their holdings of AHL. Citadel Advisors LLC lifted its holdings in Aspen Insurance Holdings Limited by 71.0% in the 3rd quarter. Citadel Advisors LLC now owns 1,446,231 shares of the insurance provider’s stock valued at $58,428,000 after acquiring an additional 600,265 shares during the last quarter. Pzena Investment Management LLC lifted its holdings in Aspen Insurance Holdings Limited by 54.2% in the 3rd quarter. Pzena Investment Management LLC now owns 1,687,551 shares of the insurance provider’s stock valued at $68,177,000 after acquiring an additional 593,268 shares during the last quarter. Donald Smith & CO. Inc. lifted its holdings in Aspen Insurance Holdings Limited by 91.0% in the 3rd quarter. Donald Smith & CO. Inc. now owns 1,227,032 shares of the insurance provider’s stock valued at $49,572,000 after acquiring an additional 584,503 shares during the last quarter. First Trust Advisors LP lifted its holdings in Aspen Insurance Holdings Limited by 216.7% in the 3rd quarter. First Trust Advisors LP now owns 747,345 shares of the insurance provider’s stock valued at $30,193,000 after acquiring an additional 511,397 shares during the last quarter. Finally, Frontier Capital Management Co. LLC lifted its holdings in Aspen Insurance Holdings Limited by 27.4% in the 3rd quarter. Frontier Capital Management Co. LLC now owns 2,124,980 shares of the insurance provider’s stock valued at $85,849,000 after acquiring an additional 456,931 shares during the last quarter. 95.44% of the stock is owned by institutional investors.

A number of equities analysts recently issued reports on AHL shares. BidaskClub lowered shares of Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Barclays PLC decreased their target price on shares of Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating for the company in a research report on Thursday, July 27th. TheStreet lowered shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. UBS AG reiterated a “neutral” rating and issued a $52.00 target price (down previously from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. Finally, Buckingham Research started coverage on shares of Aspen Insurance Holdings Limited in a research report on Monday, September 11th. They issued a “buy” rating and a $44.00 target price for the company. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $46.75.

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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