Ngam Advisors L.P. Purchases 33 Shares of Aspen Insurance Holdings Ltd. (AHL)
Ngam Advisors L.P. boosted its position in Aspen Insurance Holdings Ltd. (NYSE:AHL) by 0.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 157,531 shares of the company’s stock after buying an additional 33 shares during the period. Ngam Advisors L.P. owned about 0.26% of Aspen Insurance Holdings worth $7,340,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Aspen Insurance Holdings by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 5,121,926 shares of the company’s stock valued at $237,551,000 after buying an additional 292,158 shares in the last quarter. Vanguard Group Inc. boosted its stake in Aspen Insurance Holdings by 3.6% in the second quarter. Vanguard Group Inc. now owns 4,977,471 shares of the company’s stock valued at $230,855,000 after buying an additional 174,482 shares in the last quarter. Vulcan Value Partners LLC boosted its stake in Aspen Insurance Holdings by 3.8% in the second quarter. Vulcan Value Partners LLC now owns 2,653,700 shares of the company’s stock valued at $123,079,000 after buying an additional 96,705 shares in the last quarter. BlackRock Fund Advisors boosted its stake in Aspen Insurance Holdings by 4.3% in the second quarter. BlackRock Fund Advisors now owns 2,119,748 shares of the company’s stock valued at $98,314,000 after buying an additional 87,254 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in Aspen Insurance Holdings by 6.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,951,460 shares of the company’s stock valued at $90,509,000 after buying an additional 111,999 shares in the last quarter. 94.14% of the stock is currently owned by institutional investors and hedge funds.
Aspen Insurance Holdings Ltd. (NYSE:AHL) traded down 1.07% during mid-day trading on Wednesday, reaching $50.85. 222,883 shares of the company traded hands. Aspen Insurance Holdings Ltd. has a 52-week low of $40.34 and a 52-week high of $52.40. The stock has a 50 day moving average price of $49.72 and a 200-day moving average price of $46.92. The company has a market capitalization of $3.06 billion, a P/E ratio of 8.89 and a beta of 0.60.
Aspen Insurance Holdings (NYSE:AHL) last released its quarterly earnings data on Wednesday, October 26th. The company reported $0.97 EPS for the quarter, hitting analysts’ consensus estimates of $0.97. Aspen Insurance Holdings had a return on equity of 7.65% and a net margin of 14.12%. The firm had revenue of $681 million for the quarter, compared to the consensus estimate of $744.59 million. During the same quarter in the prior year, the company posted $0.93 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. Analysts expect that Aspen Insurance Holdings Ltd. will post $3.53 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 29th. Investors of record on Friday, November 11th were issued a $0.22 dividend. The ex-dividend date was Tuesday, November 8th. This represents a $0.88 dividend on an annualized basis and a yield of 1.71%. Aspen Insurance Holdings’s dividend payout ratio is currently 15.38%.
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Separately, Zacks Investment Research raised shares of Aspen Insurance Holdings from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a report on Thursday, October 27th.
About Aspen Insurance Holdings
Aspen Insurance Holdings Limited (Aspen Holdings) is a holding company. The Company conducts insurance and reinsurance business through its subsidiaries: Aspen U.K. and AUL, Aspen Bermuda (Bermuda) and Aspen Specialty and AAIC (the United States). It operates in two segments: Aspen Insurance and Aspen Reinsurance (Aspen Re).
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