Aspen Insurance Target of Unusually Large Options Trading (AHL)

Aspen Insurance Holdings Limited (NYSE:AHL) was the recipient of unusually large options trading activity on Monday. Investors bought 1,100 put options on the company. This represents an increase of approximately 1,830% compared to the typical volume of 57 put options.

A number of brokerages have commented on AHL. ValuEngine upgraded shares of Aspen Insurance from a “sell” rating to a “hold” rating in a research note on Monday, April 2nd. Zacks Investment Research upgraded shares of Aspen Insurance from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 28th. Barclays cut their price target on shares of Aspen Insurance from $43.00 to $40.00 and set an “equal weight” rating for the company in a research note 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 for the company 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 issued a buy rating to the company’s stock. Aspen Insurance currently has an average rating of “Hold” and a consensus target price of $45.75.

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Shares of AHL opened at $44.05 on Wednesday. The stock has a market cap of $2,619.83, a price-to-earnings ratio of -6.67 and a beta of 0.35. 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 has a 12 month low of $34.80 and a 12 month high of $54.10.

Aspen Insurance (NYSE:AHL) last announced its quarterly earnings results on Wednesday, February 7th. The insurance provider reported ($3.14) EPS for the quarter, topping analysts’ consensus estimates of ($3.46) by $0.32. The firm had revenue of $511.00 million during the quarter, compared to analysts’ expectations 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 last year, the company earned ($0.34) earnings per share. sell-side analysts anticipate that Aspen Insurance will post 3.7 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the company. AXA raised its stake in shares of Aspen Insurance by 34.4% in the fourth quarter. AXA now owns 231,700 shares of the insurance provider’s stock valued at $9,407,000 after acquiring an additional 59,300 shares during the last quarter. Swiss National Bank raised its stake in shares of Aspen Insurance by 1.9% in the fourth quarter. Swiss National Bank now owns 101,100 shares of the insurance provider’s stock valued at $4,105,000 after acquiring an additional 1,900 shares during the last quarter. Two Sigma Advisers LP raised its stake in shares of Aspen Insurance by 25.0% in the fourth quarter. Two Sigma Advisers LP now owns 481,492 shares of the insurance provider’s stock valued at $19,549,000 after acquiring an additional 96,400 shares during the last quarter. Blue Sky Asset Management LLC bought a new position in shares of Aspen Insurance in the fourth quarter valued at approximately $1,163,000. Finally, Donald Smith & CO. Inc. raised its stake in shares of Aspen Insurance by 37.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,682,029 shares of the insurance provider’s stock valued at $68,290,000 after acquiring an additional 454,997 shares during the last quarter. Institutional investors own 98.15% of the company’s stock.

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About Aspen Insurance

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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