Aspen Insurance Holdings Limited (AHL) Holdings Boosted by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its holdings in Aspen Insurance Holdings Limited (NYSE:AHL) by 103.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 659,132 shares of the insurance provider’s stock after buying an additional 335,776 shares during the quarter. Russell Investments Group Ltd. owned 1.11% of Aspen Insurance Holdings Limited worth $26,629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AHL. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Aspen Insurance Holdings Limited by 13.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after buying an additional 284 shares during the period. Susquehanna International Group LLP acquired a new position in shares of Aspen Insurance Holdings Limited during the second quarter worth approximately $201,000. TLP Group LLC raised its position in shares of Aspen Insurance Holdings Limited by 13.7% during the second quarter. TLP Group LLC now owns 4,094 shares of the insurance provider’s stock worth $204,000 after purchasing an additional 494 shares during the period. Quantitative Systematic Strategies LLC acquired a new position in shares of Aspen Insurance Holdings Limited during the third quarter worth approximately $204,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Aspen Insurance Holdings Limited by 17.9% during the second quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock worth $216,000 after purchasing an additional 659 shares during the period. 94.06% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “Aspen Insurance Holdings Limited (AHL) Holdings Boosted by Russell Investments Group Ltd.” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://sportsperspectives.com/2017/11/24/aspen-insurance-holdings-limited-ahl-holdings-boosted-by-russell-investments-group-ltd.html.

In other Aspen Insurance Holdings Limited news, CEO Stephen Postlewhite sold 1,200 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $41.62, for a total value of $49,944.00. Following the sale, the chief executive officer now owns 39,321 shares of the company’s stock, valued at approximately $1,636,540.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.34% of the company’s stock.

A number of brokerages have recently weighed in on AHL. UBS AG reaffirmed a “neutral” rating and set a $52.00 target price (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. TheStreet lowered Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Barclays PLC lowered their target price on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 27th. Zacks Investment Research upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “hold” rating in a research note on Monday, October 30th. Finally, ValuEngine downgraded Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $46.75.

Shares of Aspen Insurance Holdings Limited (NYSE:AHL) opened at $40.55 on Friday. Aspen Insurance Holdings Limited has a 1-year low of $35.05 and a 1-year high of $57.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.71 and a current ratio of 0.71.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share for the quarter, beating the consensus estimate of ($5.07) by $0.29. Aspen Insurance Holdings Limited had a negative return on equity of 5.68% and a negative net margin of 6.00%. The firm had revenue of $652.50 million for the quarter, compared to analysts’ expectations of $626.56 million. During the same quarter last year, the firm posted $0.97 EPS. The company’s revenue was down 4.2% compared to the same quarter last year. analysts anticipate that Aspen Insurance Holdings Limited will post -3.2 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Friday, November 10th will be issued a $0.24 dividend. The ex-dividend date is Thursday, November 9th. This represents a $0.96 annualized dividend and a dividend yield of 2.37%. Aspen Insurance Holdings Limited’s payout ratio is currently -27.75%.

Aspen Insurance Holdings Limited 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.

Want to see what other hedge funds are holding AHL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aspen Insurance Holdings Limited (NYSE:AHL).

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

Receive News & Ratings for Aspen Insurance Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Insurance Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply