Aspen Insurance Holdings Limited (NYSE:AHL) has been assigned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $48.25.

Several equities research analysts have recently issued reports on the stock. UBS AG decreased their price target on shares of Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Buckingham Research raised their price target on shares of Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. ValuEngine lowered shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Friday. BidaskClub upgraded shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. Finally, Barclays PLC decreased their price target on shares of Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating for the company in a research note on Thursday, July 27th.

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Shares of Aspen Insurance Holdings Limited (NYSE:AHL) traded up 2.71% during midday trading on Thursday, hitting $41.75. The stock had a trading volume of 681,387 shares. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 17.07 and a beta of 0.70. The stock’s 50-day moving average price is $41.33 and its 200 day moving average price is $48.06. 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 issued its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 company had revenue of $562.00 million for the quarter, compared to analysts’ expectations of $639.57 million. During the same quarter in the previous year, the business earned $0.40 EPS. The company’s revenue for the quarter was down 17.5% on a year-over-year basis. On average, equities analysts forecast that Aspen Insurance Holdings Limited will post ($2.61) earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA boosted its holdings in Aspen Insurance Holdings Limited by 49.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,004 shares of the insurance provider’s stock worth $1,147,000 after buying an additional 7,590 shares during the period. Systematic Financial Management LP boosted its holdings in Aspen Insurance Holdings Limited by 16.4% in the 2nd quarter. Systematic Financial Management LP now owns 378,311 shares of the insurance provider’s stock worth $18,859,000 after buying an additional 53,395 shares during the period. Nuance Investments LLC boosted its holdings in Aspen Insurance Holdings Limited by 12.9% in the 2nd quarter. Nuance Investments LLC now owns 59,235 shares of the insurance provider’s stock worth $2,953,000 after buying an additional 6,746 shares during the period. Geneva Advisors LLC bought a new position in Aspen Insurance Holdings Limited in the 2nd quarter worth approximately $499,000. Finally, UBS Asset Management Americas Inc. boosted its holdings in Aspen Insurance Holdings Limited by 10.0% in the 1st quarter. UBS Asset Management Americas Inc. now owns 52,189 shares of the insurance provider’s stock worth $2,716,000 after buying an additional 4,734 shares during the period. 91.91% of the stock is owned by institutional investors.

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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