Sciencast Management LP purchased a new position in shares of Aspen Insurance Holdings Limited (NYSE:AHL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,100 shares of the insurance provider’s stock, valued at approximately $503,000.

Other hedge funds have also recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its stake in shares of Aspen Insurance Holdings Limited by 49.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,004 shares of the insurance provider’s stock worth $1,147,000 after acquiring an additional 7,590 shares during the period. Systematic Financial Management LP grew its stake in shares of Aspen Insurance Holdings Limited by 16.4% during the 2nd quarter. Systematic Financial Management LP now owns 378,311 shares of the insurance provider’s stock worth $18,859,000 after acquiring an additional 53,395 shares during the period. Nuance Investments LLC grew its stake in shares of Aspen Insurance Holdings Limited by 12.9% during the 2nd quarter. Nuance Investments LLC now owns 59,235 shares of the insurance provider’s stock worth $2,953,000 after acquiring an additional 6,746 shares during the period. Geneva Advisors LLC bought a new position in shares of Aspen Insurance Holdings Limited during the 2nd quarter worth $499,000. Finally, UBS Asset Management Americas Inc. grew its stake in shares of Aspen Insurance Holdings Limited by 10.0% during the 1st quarter. UBS Asset Management Americas Inc. now owns 52,189 shares of the insurance provider’s stock worth $2,716,000 after acquiring an additional 4,734 shares during the period. Institutional investors own 91.91% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (NYSE:AHL) traded down 0.48% on Friday, reaching $41.15. The company’s stock had a trading volume of 645,843 shares. The company’s 50-day moving average is $42.32 and its 200 day moving average is $48.51. Aspen Insurance Holdings Limited has a 12-month low of $35.05 and a 12-month high of $57.80. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 16.82 and a beta of 0.70.

Aspen Insurance Holdings Limited (NYSE:AHL) last issued its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). The company had revenue of $562.00 million during the quarter, compared to analysts’ expectations of $639.57 million. Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The business’s quarterly revenue was down 17.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.40 EPS. Equities analysts anticipate that Aspen Insurance Holdings Limited will post $0.85 earnings per share for the current fiscal year.

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Several research analysts have recently weighed in on the company. UBS AG cut their price target on Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. Buckingham Research increased their price target on Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday. BidaskClub upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. Barclays PLC cut their price target on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating for the company in a research note on Thursday, July 27th. Finally, TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $48.25.

Aspen Insurance Holdings Limited Company 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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