Allied World Assurance Company Holdings, AG (AWH) Position Cut by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in shares of Allied World Assurance Company Holdings, AG (NYSE:AWH) by 0.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,185,334 shares of the insurance provider’s stock after selling 11,500 shares during the period. Dimensional Fund Advisors LP’s holdings in Allied World Assurance Company Holdings, AG were worth $169,142,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cowen Group Inc. increased its stake in Allied World Assurance Company Holdings, AG by 964.2% in the first quarter. Cowen Group Inc. now owns 1,158,012 shares of the insurance provider’s stock worth $61,490,000 after buying an additional 1,049,197 shares during the last quarter. Alpine Associates Management Inc. bought a new stake in Allied World Assurance Company Holdings, AG during the fourth quarter worth approximately $55,833,000. Vivaldi Asset Management LLC bought a new stake in Allied World Assurance Company Holdings, AG during the first quarter worth approximately $52,698,000. Norges Bank bought a new stake in Allied World Assurance Company Holdings, AG during the fourth quarter worth approximately $48,510,000. Finally, Yakira Capital Management Inc. bought a new stake in Allied World Assurance Company Holdings, AG during the first quarter worth approximately $19,178,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Institutional Ownership by Quarter for Allied World Assurance Company Holdings, AG (NYSE:AWH)

Shares of Allied World Assurance Company Holdings, AG (NYSE:AWH) traded down 0.36% during midday trading on Tuesday, reaching $52.00. The company had a trading volume of 563,535 shares. The company has a 50 day moving average price of $52.66 and a 200-day moving average price of $52.51. Allied World Assurance Company Holdings, AG has a one year low of $33.20 and a one year high of $54.46. The firm has a market capitalization of $4.55 billion, a P/E ratio of 17.77 and a beta of 0.69.

Allied World Assurance Company Holdings, AG (NYSE:AWH) last released its quarterly earnings data on Wednesday, April 26th. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by $0.12. Allied World Assurance Company Holdings, AG had a net margin of 10.20% and a return on equity of 6.35%. The company had revenue of $676 million during the quarter, compared to analysts’ expectations of $723.40 million. During the same period last year, the firm earned $0.65 earnings per share. Allied World Assurance Company Holdings, AG’s quarterly revenue was down 4.0% on a year-over-year basis. On average, analysts anticipate that Allied World Assurance Company Holdings, AG will post $2.44 EPS for the current fiscal year.

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A number of research firms have issued reports on AWH. Zacks Investment Research raised Allied World Assurance Company Holdings, AG from a “sell” rating to a “hold” rating in a research report on Tuesday, March 21st. Evercore ISI started coverage on Allied World Assurance Company Holdings, AG in a research report on Monday, June 5th. They set an “in-line” rating and a $24.50 price target for the company. Two equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The stock has an average rating of “Hold” and an average price target of $42.92.

Allied World Assurance Company Holdings, AG Company Profile

Allied World Assurance Company Holdings, AG is a holding company. The Company provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada.

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