Wolverine Trading LLC bought a new stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 6,787 shares of the insurance provider’s stock, valued at approximately $276,000.
Several other institutional investors have also added to or reduced their stakes in the company. NWQ Investment Management Company LLC purchased a new position in shares of Aspen Insurance during the 4th quarter valued at approximately $48,846,000. Teachers Advisors LLC boosted its stake in shares of Aspen Insurance by 1.7% during the 4th quarter. Teachers Advisors LLC now owns 163,934 shares of the insurance provider’s stock valued at $6,656,000 after buying an additional 2,713 shares during the last quarter. Prana Capital Management LP purchased a new position in shares of Aspen Insurance during the 4th quarter valued at approximately $3,287,000. Two Sigma Investments LP boosted its stake in shares of Aspen Insurance by 103.3% during the 4th quarter. Two Sigma Investments LP now owns 445,818 shares of the insurance provider’s stock valued at $18,100,000 after buying an additional 226,519 shares during the last quarter. Finally, Two Sigma Advisers LP boosted its stake in shares of Aspen Insurance by 25.0% during the 4th quarter. Two Sigma Advisers LP now owns 481,492 shares of the insurance provider’s stock valued at $19,549,000 after buying an additional 96,400 shares during the last quarter. Institutional investors own 98.12% of the company’s stock.
Several equities analysts have recently commented on the company. ValuEngine upgraded Aspen Insurance from a “sell” rating to a “hold” rating in a research note on Monday, April 2nd. Zacks Investment Research upgraded Aspen Insurance from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 28th. Barclays reduced their price objective on Aspen Insurance from $43.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Friday, January 26th. Finally, UBS reduced their price objective on Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating on the stock in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $45.75.
AHL stock opened at $44.10 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $2,676.33, a price-to-earnings ratio of -6.69 and a beta of 0.36. Aspen Insurance Holdings Limited has a 1 year low of $34.80 and a 1 year high of $54.10.
Aspen Insurance (NYSE:AHL) last issued its quarterly earnings results on Wednesday, February 7th. The insurance provider reported ($3.14) EPS for the quarter, beating analysts’ consensus estimates of ($3.46) by $0.32. The company had revenue of $511.00 million for the quarter, compared to analyst estimates of $592.27 million. Aspen Insurance had a negative return on equity of 11.61% and a negative net margin of 10.80%. The company’s quarterly revenue was down 16.6% compared to the same quarter last year. During the same period last year, the company earned ($0.34) earnings per share. analysts predict that Aspen Insurance Holdings Limited will post 3.7 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Investors of record on Friday, February 23rd were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date was Thursday, February 22nd. Aspen Insurance’s payout ratio is currently -14.57%.
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Aspen Insurance 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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