UBS AG Reaffirms Neutral Rating for Aspen Insurance Holdings Limited (AHL)

Aspen Insurance Holdings Limited (NYSE:AHL)‘s stock had its “neutral” rating reiterated by UBS AG in a note issued to investors on Tuesday, August 1st, www.flashratings.com reports. They presently have a $52.00 price objective on the insurance provider’s stock, down from their previous price objective of $54.00. UBS AG’s target price suggests a potential upside of 11.23% from the stock’s previous close.

A number of other equities analysts also recently issued reports on AHL. 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 dropped their price target on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 27th. TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Zacks Investment Research downgraded Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Finally, Deutsche Bank AG lifted their target price on Aspen Insurance Holdings Limited from $53.00 to $55.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $54.50.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) traded up 0.54% during mid-day trading on Tuesday, reaching $46.75. The company’s stock had a trading volume of 321,642 shares. Aspen Insurance Holdings Limited has a 12 month low of $44.05 and a 12 month high of $57.80. The firm has a market cap of $2.80 billion, a PE ratio of 19.11 and a beta of 0.72. The company has a 50-day moving average of $49.53 and a 200-day moving average of $51.82.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.54. The firm had revenue of $562 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% on a year-over-year basis. During the same quarter last year, the business earned $0.40 earnings per share. On average, analysts predict that Aspen Insurance Holdings Limited will post $3.02 earnings per share for the current year.

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A number of large investors have recently modified their holdings of AHL. BlackRock Inc. boosted its stake in shares of Aspen Insurance Holdings Limited by 1.4% in the second quarter. BlackRock Inc. now owns 5,024,115 shares of the insurance provider’s stock valued at $250,453,000 after buying an additional 68,642 shares during the last quarter. State Street Corp boosted its stake in shares of Aspen Insurance Holdings Limited by 5.7% in the first quarter. State Street Corp now owns 1,913,208 shares of the insurance provider’s stock valued at $99,582,000 after buying an additional 103,520 shares during the last quarter. Frontier Capital Management Co. LLC boosted its stake in shares of Aspen Insurance Holdings Limited by 1.0% in the second quarter. Frontier Capital Management Co. LLC now owns 1,668,049 shares of the insurance provider’s stock valued at $83,152,000 after buying an additional 17,128 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Aspen Insurance Holdings Limited by 7.9% in the first quarter. AQR Capital Management LLC now owns 1,336,980 shares of the insurance provider’s stock valued at $69,590,000 after buying an additional 98,233 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Aspen Insurance Holdings Limited by 21.9% in the second quarter. Renaissance Technologies LLC now owns 1,293,800 shares of the insurance provider’s stock valued at $64,496,000 after buying an additional 232,110 shares during the last quarter. 90.47% of the stock is currently owned by institutional investors.

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.

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