Pax World Management LLC acquired a new position in shares of Aspen Insurance Holdings Limited (NYSE:AHL) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 351,964 shares of the insurance provider’s stock, valued at approximately $14,219,000. Pax World Management LLC owned approximately 0.59% of Aspen Insurance Holdings Limited as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AHL. BlackRock Inc. raised its stake in shares of Aspen Insurance Holdings Limited by 6,809.4% during the 1st quarter. BlackRock Inc. now owns 4,955,473 shares of the insurance provider’s stock worth $257,934,000 after acquiring an additional 4,883,752 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Aspen Insurance Holdings Limited by 216.7% during the 3rd quarter. First Trust Advisors LP now owns 747,345 shares of the insurance provider’s stock worth $30,193,000 after acquiring an additional 511,397 shares in the last quarter. Frontier Capital Management Co. LLC raised its stake in shares of Aspen Insurance Holdings Limited by 27.4% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 2,124,980 shares of the insurance provider’s stock worth $85,849,000 after acquiring an additional 456,931 shares in the last quarter. Balyasny Asset Management LLC raised its stake in shares of Aspen Insurance Holdings Limited by 121.2% during the 2nd quarter. Balyasny Asset Management LLC now owns 449,311 shares of the insurance provider’s stock worth $22,398,000 after acquiring an additional 246,160 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Aspen Insurance Holdings Limited by 21.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,293,800 shares of the insurance provider’s stock worth $64,496,000 after acquiring an additional 232,110 shares in the last quarter. Hedge funds and other institutional investors own 92.41% of the company’s stock.

AHL has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. UBS AG reduced their price objective on shares of Aspen Insurance Holdings Limited from $52.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, September 19th. Barclays PLC reduced their price objective on shares of Aspen Insurance Holdings Limited from $49.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday, October 16th. ValuEngine lowered shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. Finally, Buckingham Research upped their price target on shares of Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Thursday, October 5th. Two 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 has an average rating of “Hold” and a consensus price target of $46.75.

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Shares of Aspen Insurance Holdings Limited (NYSE:AHL) traded up $0.58 during trading on Thursday, reaching $41.98. 280,475 shares of the company’s stock were exchanged, compared to its average volume of 629,877. Aspen Insurance Holdings Limited has a twelve month low of $35.05 and a twelve month high of $57.80. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.21.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings data on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share for the quarter, beating the Thomson Reuters’ 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 company had revenue of $652.50 million for the quarter, compared to the consensus estimate of $626.56 million. During the same quarter last year, the business posted $0.97 EPS. Aspen Insurance Holdings Limited’s revenue for the quarter was down 4.2% on a year-over-year basis. research analysts forecast that Aspen Insurance Holdings Limited will post -2.6 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 28th. Investors of record on Friday, November 10th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 9th. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is -27.75%.

Aspen Insurance Holdings Limited 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.

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

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