UBS Group AG Has $641,000 Stake in Aspen Insurance Holdings Limited (AHL)

UBS Group AG reduced its stake in Aspen Insurance Holdings Limited (NYSE:AHL) by 21.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,324 shares of the insurance provider’s stock after selling 3,391 shares during the period. UBS Group AG’s holdings in Aspen Insurance Holdings Limited were worth $641,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its stake in Aspen Insurance Holdings Limited by 1.0% in the first quarter. Geode Capital Management LLC now owns 609,528 shares of the insurance provider’s stock valued at $31,725,000 after buying an additional 6,103 shares in the last quarter. Aviance Capital Partners LLC boosted its position in Aspen Insurance Holdings Limited by 8.3% in the first quarter. Aviance Capital Partners LLC now owns 25,804 shares of the insurance provider’s stock valued at $1,343,000 after buying an additional 1,988 shares during the last quarter. Foresters Investment Management Company Inc. boosted its position in Aspen Insurance Holdings Limited by 0.7% in the first quarter. Foresters Investment Management Company Inc. now owns 138,500 shares of the insurance provider’s stock valued at $7,209,000 after buying an additional 1,000 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Aspen Insurance Holdings Limited by 33.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 215,151 shares of the insurance provider’s stock valued at $11,199,000 after buying an additional 54,001 shares during the last quarter. Finally, South Dakota Investment Council boosted its position in Aspen Insurance Holdings Limited by 7.3% in the first quarter. South Dakota Investment Council now owns 47,300 shares of the insurance provider’s stock valued at $2,462,000 after buying an additional 3,200 shares during the last quarter. 90.47% of the stock is owned by institutional investors.

Shares of Aspen Insurance Holdings Limited (AHL) traded up 0.54% on Friday, hitting $46.75. 321,642 shares of the stock traded hands. The stock has a 50 day moving average of $49.53 and a 200-day moving average of $51.82. The stock has a market cap of $2.80 billion, a PE ratio of 19.11 and a beta of 0.72. Aspen Insurance Holdings Limited has a 1-year low of $44.05 and a 1-year high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.01 by $0.54. The firm had revenue of $562 million for the quarter, compared to analysts’ expectations of $639.57 million. Aspen Insurance Holdings Limited had a net margin of 7.66% and a return on equity of 3.84%. The business’s quarterly revenue was down 17.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 earnings per share. On average, equities research analysts expect that Aspen Insurance Holdings Limited will post $3.02 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 29th. Investors of record on Monday, August 14th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.05%. Aspen Insurance Holdings Limited’s dividend payout ratio is 39.67%.

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Several equities analysts recently commented on the stock. BidaskClub upgraded shares of 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 objective on shares of 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. UBS AG restated a “neutral” rating and issued a $52.00 price objective (down previously from $54.00) on shares of Aspen Insurance Holdings Limited in a research note on Tuesday, August 1st. TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Finally, Zacks Investment Research cut shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Aspen Insurance Holdings Limited presently has a consensus rating of “Hold” and a consensus target price of $54.50.

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.

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

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