Geneva Advisors LLC acquired a new stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the insurance provider’s stock, valued at approximately $499,000.

Several other hedge funds also recently modified their holdings of the stock. TLP Group LLC bought a new stake in shares of Aspen Insurance Holdings Limited during the first quarter valued at about $187,000. Credit Agricole S A increased its stake in shares of Aspen Insurance Holdings Limited by 155.6% in the first quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after buying an additional 2,622 shares in the last quarter. LS Investment Advisors LLC increased its stake in shares of Aspen Insurance Holdings Limited by 20.7% in the second quarter. LS Investment Advisors LLC now owns 4,753 shares of the insurance provider’s stock valued at $237,000 after buying an additional 814 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of Aspen Insurance Holdings Limited by 0.6% in the second quarter. Teacher Retirement System of Texas now owns 4,790 shares of the insurance provider’s stock valued at $239,000 after buying an additional 29 shares in the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Aspen Insurance Holdings Limited during the second quarter valued at about $239,000. Institutional investors and hedge funds own 91.92% of the company’s stock.

Aspen Insurance Holdings Limited (AHL) opened at 45.15 on Thursday. Aspen Insurance Holdings Limited has a 52-week low of $44.05 and a 52-week high of $57.80. The company’s 50-day moving average price is $49.04 and its 200 day moving average price is $51.47. The stock has a market capitalization of $2.70 billion, a P/E ratio of 18.46 and a beta of 0.72.

Aspen Insurance Holdings Limited (NYSE:AHL) last posted its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing the Zacks’ 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 business had revenue of $562 million for the quarter, compared to analyst estimates of $639.57 million. During the same quarter in the prior year, the company earned $0.40 earnings per share. The company’s quarterly revenue was down 17.5% on a year-over-year basis. On average, equities research analysts anticipate that Aspen Insurance Holdings Limited will post $3.02 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 29th. Stockholders of record on Monday, August 14th were paid a dividend of $0.24 per share. The ex-dividend date was Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.13%. Aspen Insurance Holdings Limited’s dividend payout ratio is 39.67%.

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Several analysts have recently issued reports on the company. BidaskClub upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Barclays PLC reduced their price objective on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 27th. UBS AG restated a “neutral” rating and issued a $52.00 price objective (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Finally, Zacks Investment Research downgraded Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $54.50.

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.

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

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