Teachers Advisors LLC boosted its position in Aspen Insurance Holdings Limited (NYSE:AHL) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 163,934 shares of the insurance provider’s stock after acquiring an additional 2,713 shares during the period. Teachers Advisors LLC’s holdings in Aspen Insurance were worth $6,656,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in AHL. Franklin Resources Inc. grew its holdings in Aspen Insurance by 115.9% in the 4th quarter. Franklin Resources Inc. now owns 1,765,951 shares of the insurance provider’s stock worth $71,697,000 after acquiring an additional 948,118 shares during the last quarter. Deprince Race & Zollo Inc. grew its holdings in Aspen Insurance by 215.5% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,369,269 shares of the insurance provider’s stock worth $55,592,000 after acquiring an additional 935,244 shares during the last quarter. American Century Companies Inc. bought a new stake in Aspen Insurance in the 4th quarter worth $22,061,000. Mesirow Financial Investment Management Equity Management bought a new stake in Aspen Insurance in the 4th quarter worth $20,002,000. Finally, Donald Smith & CO. Inc. grew its holdings in Aspen Insurance by 37.1% in the 4th quarter. Donald Smith & CO. Inc. now owns 1,682,029 shares of the insurance provider’s stock worth $68,290,000 after acquiring an additional 454,997 shares during the last quarter. 98.12% of the stock is currently owned by institutional investors and hedge funds.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Aspen Insurance from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 27th. ValuEngine lowered shares of Aspen Insurance from a “sell” rating to a “strong sell” rating in a report on Friday, February 2nd. Barclays cut their price target on shares of Aspen Insurance from $43.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, January 26th. Finally, UBS cut their price target on shares of Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating on the stock in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $45.75.
Shares of AHL opened at $44.10 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.70 and a quick ratio of 0.70. 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 announced its earnings results on Wednesday, February 7th. The insurance provider reported ($3.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.46) by $0.32. The firm had revenue of $511.00 million for the quarter, compared to analyst estimates of $592.27 million. Aspen Insurance had a negative net margin of 10.80% and a negative return on equity of 11.61%. The company’s revenue for the quarter was down 16.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.34) EPS. equities research analysts forecast that Aspen Insurance Holdings Limited will post 3.7 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Stockholders of record on Friday, February 23rd were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date was Thursday, February 22nd. Aspen Insurance’s payout ratio is -14.57%.
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Aspen Insurance Profile
Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S.
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