American International Group Inc. Sells 269 Shares of Allied World Assurance Company Holdings Ltd (AWH)

American International Group Inc. decreased its stake in shares of Allied World Assurance Company Holdings Ltd (NYSE:AWH) by 10.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,329 shares of the insurance provider’s stock after selling 269 shares during the period. American International Group Inc.’s holdings in Allied World Assurance Company Holdings were worth $124,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Guggenheim Capital LLC increased its stake in shares of Allied World Assurance Company Holdings by 1.4% in the fourth quarter. Guggenheim Capital LLC now owns 25,047 shares of the insurance provider’s stock valued at $1,346,000 after buying an additional 336 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Allied World Assurance Company Holdings by 5.2% in the first quarter. State of Alaska Department of Revenue now owns 10,895 shares of the insurance provider’s stock valued at $578,000 after buying an additional 537 shares during the last quarter. Havens Advisors LLC increased its stake in shares of Allied World Assurance Company Holdings by 14.4% in the first quarter. Havens Advisors LLC now owns 48,400 shares of the insurance provider’s stock valued at $2,570,000 after buying an additional 6,100 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of Allied World Assurance Company Holdings by 7.2% in the first quarter. ProShare Advisors LLC now owns 12,796 shares of the insurance provider’s stock valued at $679,000 after buying an additional 863 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Allied World Assurance Company Holdings by 22.7% in the first quarter. Russell Investments Group Ltd. now owns 76,219 shares of the insurance provider’s stock valued at $4,049,000 after buying an additional 14,077 shares during the last quarter. Hedge funds and other institutional investors own 86.52% of the company’s stock.

Shares of Allied World Assurance Company Holdings Ltd (AWH) opened at 49.24 on Friday. The firm has a 50 day moving average price of $49.54 and a 200-day moving average price of $52.09. Allied World Assurance Company Holdings Ltd has a 12 month low of $39.09 and a 12 month high of $54.46.

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AWH has been the subject of several recent analyst reports. Zacks Investment Research upgraded Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research note on Monday, April 24th. Evercore ISI assumed coverage on Allied World Assurance Company Holdings in a research note on Monday, June 5th. They set an “in-line” rating and a $24.50 target price for the company. BidaskClub upgraded Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 29th. Finally, ValuEngine upgraded Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating in a research report on Saturday, July 8th. One analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. The company presently has an average rating of “Hold” and an average price target of $45.83.

Allied World Assurance Company Holdings Company Profile

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada.

Institutional Ownership by Quarter for Allied World Assurance Company Holdings (NYSE:AWH)

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