Brandywine Global Investment Management LLC cut its holdings in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 187,794 shares of the insurance provider’s stock after selling 6,188 shares during the period. Brandywine Global Investment Management LLC owned about 0.31% of Aspen Insurance Holdings Limited worth $9,362,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. BlackRock Inc. lifted its position in shares of Aspen Insurance Holdings Limited by 6,809.4% during the first quarter. BlackRock Inc. now owns 4,955,473 shares of the insurance provider’s stock worth $257,934,000 after purchasing an additional 4,883,752 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Aspen Insurance Holdings Limited in the first quarter valued at approximately $16,838,000. Renaissance Technologies LLC boosted its stake in shares of Aspen Insurance Holdings Limited by 21.9% in the second quarter. Renaissance Technologies LLC now owns 1,293,800 shares of the insurance provider’s stock valued at $64,496,000 after purchasing an additional 232,110 shares during the period. Citadel Advisors LLC grew its holdings in shares of Aspen Insurance Holdings Limited by 27.9% in the first quarter. Citadel Advisors LLC now owns 704,190 shares of the insurance provider’s stock valued at $36,653,000 after purchasing an additional 153,590 shares in the last quarter. Finally, Citigroup Inc. grew its holdings in shares of Aspen Insurance Holdings Limited by 191.1% in the second quarter. Citigroup Inc. now owns 227,962 shares of the insurance provider’s stock valued at $11,364,000 after purchasing an additional 149,664 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (AHL) opened at 40.40 on Monday. The firm has a 50-day moving average price of $45.06 and a 200-day moving average price of $49.73. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 16.52 and a beta of 0.70. Aspen Insurance Holdings Limited has a 52-week low of $35.05 and a 52-week high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The business had revenue of $562.00 million for the quarter, compared to analysts’ expectations of $639.57 million. During the same period last year, the company posted $0.40 earnings per share. The firm’s revenue for the quarter was down 17.5% on a year-over-year basis. Analysts predict that Aspen Insurance Holdings Limited will post $0.21 EPS for the current fiscal year.

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Several brokerages recently weighed in on AHL. Zacks Investment Research downgraded shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. Buckingham Research began coverage on shares of Aspen Insurance Holdings Limited in a report on Monday, September 11th. They set a “buy” rating and a $44.00 target price on the stock. BidaskClub cut shares of Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Finally, UBS AG restated a “neutral” rating and issued a $52.00 price target (down previously from $54.00) on shares of Aspen Insurance Holdings Limited in a research note on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $50.60.

About Aspen Insurance Holdings Limited

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.

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

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