3,474 Shares in Aspen Insurance Holdings Limited (AHL) Acquired by Point72 Asia Hong Kong Ltd

Point72 Asia Hong Kong Ltd purchased a new position in shares of Aspen Insurance Holdings Limited (NYSE:AHL) during the 1st quarter, Holdings Channel reports. The fund purchased 3,474 shares of the insurance provider’s stock, valued at approximately $156,000.

A number of other large investors have also modified their holdings of AHL. Schwab Charles Investment Management Inc. lifted its position in Aspen Insurance by 6.8% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 384,243 shares of the insurance provider’s stock worth $15,601,000 after buying an additional 24,298 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its position in Aspen Insurance by 229.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 6,163 shares of the insurance provider’s stock worth $250,000 after buying an additional 4,294 shares in the last quarter. ING Groep NV lifted its position in Aspen Insurance by 22.3% during the 4th quarter. ING Groep NV now owns 8,964 shares of the insurance provider’s stock worth $364,000 after buying an additional 1,635 shares in the last quarter. Teacher Retirement System of Texas lifted its position in Aspen Insurance by 317.3% during the 4th quarter. Teacher Retirement System of Texas now owns 20,766 shares of the insurance provider’s stock worth $843,000 after buying an additional 15,790 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in Aspen Insurance by 5.7% during the 4th quarter. California Public Employees Retirement System now owns 221,872 shares of the insurance provider’s stock worth $9,008,000 after buying an additional 12,030 shares in the last quarter. 99.15% of the stock is currently owned by hedge funds and other institutional investors.

Shares of AHL stock opened at $42.40 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.20. Aspen Insurance Holdings Limited has a 52-week low of $34.80 and a 52-week high of $52.40.

Aspen Insurance (NYSE:AHL) last issued its earnings results on Wednesday, May 2nd. The insurance provider reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.01). The firm had revenue of $533.50 million during the quarter, compared to the consensus estimate of $553.00 million. Aspen Insurance had a negative net margin of 13.72% and a negative return on equity of 11.81%. During the same period in the previous year, the company posted $0.79 earnings per share. research analysts predict that Aspen Insurance Holdings Limited will post 3.3 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 5th. Stockholders of record on Friday, May 18th were issued a $0.24 dividend. The ex-dividend date of this dividend was Thursday, May 17th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.26%. Aspen Insurance’s payout ratio is -14.57%.

AHL has been the topic of several analyst reports. Zacks Investment Research raised shares of Aspen Insurance from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. ValuEngine raised shares of Aspen Insurance from a “sell” rating to a “hold” rating in a report on Monday, April 2nd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Aspen Insurance currently has a consensus rating of “Hold” and a consensus target price of $42.67.

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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Institutional Ownership by Quarter for Aspen Insurance (NYSE:AHL)

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