Royce & Associates LP lessened its stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 13.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 372,680 shares of the insurance provider’s stock after selling 58,800 shares during the period. Royce & Associates LP owned 0.62% of Aspen Insurance worth $15,578,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vident Investment Advisory LLC acquired a new position in Aspen Insurance during the second quarter valued at approximately $235,000. Dynamic Technology Lab Private Ltd acquired a new position in Aspen Insurance during the second quarter valued at approximately $245,000. State of Alaska Department of Revenue grew its holdings in Aspen Insurance by 37.9% during the third quarter. State of Alaska Department of Revenue now owns 6,151 shares of the insurance provider’s stock valued at $257,000 after purchasing an additional 1,691 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Aspen Insurance in the third quarter worth $306,000. Finally, First Interstate Bank grew its stake in shares of Aspen Insurance by 24.5% in the third quarter. First Interstate Bank now owns 7,375 shares of the insurance provider’s stock worth $308,000 after acquiring an additional 1,450 shares during the last quarter. Institutional investors own 94.89% of the company’s stock.

Shares of Aspen Insurance stock opened at $41.93 on Wednesday. The firm has a market capitalization of $2.50 billion, a PE ratio of -6.36 and a beta of 0.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.72 and a current ratio of 0.72. Aspen Insurance Holdings Limited has a 1 year low of $34.80 and a 1 year high of $46.10.

Aspen Insurance (NYSE:AHL) last announced its quarterly earnings data on Wednesday, October 24th. The insurance provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.24). The company had revenue of $670.50 million during the quarter. Aspen Insurance had a negative return on equity of 1.27% and a negative net margin of 8.02%. On average, sell-side analysts anticipate that Aspen Insurance Holdings Limited will post 1.15 earnings per share for the current year.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Aspen Insurance from a “sell” rating to a “hold” rating in a research note on Tuesday, October 9th. ValuEngine upgraded shares of Aspen Insurance from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Buckingham Research downgraded shares of Aspen Insurance from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $46.00 to $42.75 in a research note on Monday, September 10th. Finally, Deutsche Bank raised their price objective on shares of Aspen Insurance from $40.00 to $42.00 and gave the stock a “hold” rating in a research note on Wednesday, September 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $42.55.

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About Aspen Insurance

Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S.

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

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