Crossmark Global Holdings Inc. acquired a new position in shares of Aspen Insurance Holdings Limited (NYSE:AHL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,349 shares of the insurance provider’s stock, valued at approximately $418,000.

Other institutional investors have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Aspen Insurance Holdings Limited by 13.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock worth $122,000 after buying an additional 284 shares during the last quarter. Susquehanna International Group LLP bought a new stake in Aspen Insurance Holdings Limited during the second quarter worth about $201,000. TLP Group LLC grew its stake in Aspen Insurance Holdings Limited by 13.7% during the second quarter. TLP Group LLC now owns 4,094 shares of the insurance provider’s stock worth $204,000 after buying an additional 494 shares during the last quarter. Quantitative Systematic Strategies LLC bought a new stake in Aspen Insurance Holdings Limited during the third quarter worth about $204,000. Finally, PNC Financial Services Group Inc. grew its stake in Aspen Insurance Holdings Limited by 17.9% during the second quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock worth $216,000 after buying an additional 659 shares during the last quarter. 94.06% of the stock is currently owned by hedge funds and other institutional investors.

Aspen Insurance Holdings Limited (AHL) opened at $40.55 on Thursday. Aspen Insurance Holdings Limited has a 12-month low of $35.05 and a 12-month high of $57.80. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.71 and a current ratio of 0.71.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($5.07) by $0.29. Aspen Insurance Holdings Limited had a negative net margin of 6.00% and a negative return on equity of 5.68%. The company had revenue of $652.50 million for the quarter, compared to analyst estimates of $626.56 million. During the same period in the prior year, the business earned $0.97 earnings per share. Aspen Insurance Holdings Limited’s quarterly revenue was down 4.2% on a year-over-year basis. equities analysts forecast that Aspen Insurance Holdings Limited will post -3.2 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Friday, November 10th will be given a dividend of $0.24 per share. The ex-dividend date is Thursday, November 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.37%. Aspen Insurance Holdings Limited’s payout ratio is -27.75%.

AHL has been the topic of a number of research reports. UBS AG reiterated a “neutral” rating and set a $52.00 target price (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. TheStreet lowered shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Barclays PLC reduced their target price on shares of 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. Zacks Investment Research upgraded shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “hold” rating in a research report on Monday, October 30th. Finally, ValuEngine lowered shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $46.75.

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In other news, CEO Stephen Postlewhite sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $41.62, for a total transaction of $49,944.00. Following the transaction, the chief executive officer now directly owns 39,321 shares in the company, valued at $1,636,540.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.34% of the stock is currently owned by corporate insiders.

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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