Robeco Institutional Asset Management B.V. Has $5,297,000 Position in Aspen Insurance Holdings Ltd. (AHL)
Robeco Institutional Asset Management B.V. held its stake in shares of Aspen Insurance Holdings Ltd. (NYSE:AHL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 114,196 shares of the company’s stock at the end of the second quarter. Robeco Institutional Asset Management B.V. owned about 0.19% of Aspen Insurance Holdings worth $5,297,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of AHL. Envestnet Asset Management Inc. boosted its stake in shares of Aspen Insurance Holdings by 16.8% in the first quarter. Envestnet Asset Management Inc. now owns 3,336 shares of the company’s stock valued at $159,000 after buying an additional 481 shares during the last quarter. LS Investment Advisors LLC boosted its stake in shares of Aspen Insurance Holdings by 71.9% in the second quarter. LS Investment Advisors LLC now owns 3,645 shares of the company’s stock valued at $169,000 after buying an additional 1,524 shares during the last quarter. Pacad Investment Ltd. purchased a new stake in shares of Aspen Insurance Holdings during the first quarter valued at $258,000. Fox Run Management L.L.C. purchased a new stake in shares of Aspen Insurance Holdings during the first quarter valued at $301,000. Finally, BlackRock Japan Co. Ltd purchased a new stake in shares of Aspen Insurance Holdings during the first quarter valued at $305,000. 94.47% of the stock is currently owned by institutional investors.
Aspen Insurance Holdings Ltd. (NYSE:AHL) traded down 1.34% during midday trading on Friday, hitting $44.08. The stock had a trading volume of 429,588 shares. Aspen Insurance Holdings Ltd. has a 52-week low of $40.34 and a 52-week high of $51.53. The stock has a market cap of $2.65 billion, a PE ratio of 9.57 and a beta of 0.74. The company’s 50 day moving average price is $45.60 and its 200-day moving average price is $46.20.
Aspen Insurance Holdings (NYSE:AHL) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.69 by $0.29. Aspen Insurance Holdings had a return on equity of 7.90% and a net margin of 11.89%. The business had revenue of $680.80 million for the quarter, compared to the consensus estimate of $677.80 million. During the same period in the prior year, the business posted $0.99 earnings per share. Aspen Insurance Holdings’s revenue was up 11.7% on a year-over-year basis. Analysts forecast that Aspen Insurance Holdings Ltd. will post $3.65 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 30th. Investors of record on Friday, August 12th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date was Wednesday, August 10th. Aspen Insurance Holdings’s dividend payout ratio is currently 19.05%.
Separately, Zacks Investment Research raised Aspen Insurance Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, September 13th.
In related news, CEO Kane Christopher O sold 11,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 25th. The stock was sold at an average price of $45.25, for a total transaction of $520,375.00. Following the completion of the sale, the chief executive officer now directly owns 277,889 shares of the company’s stock, valued at approximately $12,574,477.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.50% of the company’s stock.
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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