Fmr LLC Decreases Holdings in Allied World Assurance Company Holdings Ltd (AWH)

Fmr LLC trimmed its holdings in Allied World Assurance Company Holdings Ltd (NYSE:AWH) by 51.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,840,946 shares of the insurance provider’s stock after selling 1,970,098 shares during the quarter. Fmr LLC’s holdings in Allied World Assurance Company Holdings were worth $97,386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Utah Retirement Systems lifted its stake in Allied World Assurance Company Holdings by 0.6% in the 1st quarter. Utah Retirement Systems now owns 15,974 shares of the insurance provider’s stock worth $848,000 after purchasing an additional 100 shares in the last quarter. Teacher Retirement System of Texas lifted its stake in Allied World Assurance Company Holdings by 2.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 6,985 shares of the insurance provider’s stock worth $370,000 after purchasing an additional 156 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Allied World Assurance Company Holdings by 10.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,410 shares of the insurance provider’s stock worth $127,000 after purchasing an additional 232 shares in the last quarter. Amalgamated Bank lifted its stake in Allied World Assurance Company Holdings by 3.2% in the 1st quarter. Amalgamated Bank now owns 12,566 shares of the insurance provider’s stock worth $667,000 after purchasing an additional 385 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in Allied World Assurance Company Holdings by 11.2% in the 1st quarter. SG Americas Securities LLC now owns 6,879 shares of the insurance provider’s stock worth $365,000 after purchasing an additional 691 shares in the last quarter. 86.52% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have weighed in on the stock. BidaskClub raised shares of Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. ValuEngine lowered shares of Allied World Assurance Company Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. Allied World Assurance Company Holdings presently has an average rating of “Hold” and an average price target of $39.25.

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Allied World Assurance Company Holdings Ltd (NYSE AWH) opened at 49.24 on Wednesday. Allied World Assurance Company Holdings Ltd has a 1-year low of $39.09 and a 1-year high of $54.46. The firm has a 50-day moving average of $49.16 and a 200-day moving average of $51.86.

Allied World Assurance Company Holdings 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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