Aspen Insurance Holdings Limited (NYSE:AHL) Stake Reduced by Bank of Montreal Can

Bank of Montreal Can decreased its stake in Aspen Insurance Holdings Limited (NYSE:AHL) by 1.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 207,711 shares of the insurance provider’s stock after selling 3,578 shares during the period. Bank of Montreal Can’s holdings in Aspen Insurance Holdings Limited were worth $10,354,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. BlackRock Inc. boosted its stake in Aspen Insurance Holdings Limited by 6,809.4% in the first quarter. BlackRock Inc. now owns 4,955,473 shares of the insurance provider’s stock valued at $257,934,000 after buying an additional 4,883,752 shares during the period. Point72 Asset Management L.P. acquired a new stake in Aspen Insurance Holdings Limited during the first quarter valued at about $16,838,000. Citadel Advisors LLC boosted its stake in Aspen Insurance Holdings Limited by 27.9% in the first quarter. Citadel Advisors LLC now owns 704,190 shares of the insurance provider’s stock valued at $36,653,000 after buying an additional 153,590 shares during the period. Morgan Stanley boosted its stake in Aspen Insurance Holdings Limited by 100.5% in the first quarter. Morgan Stanley now owns 278,486 shares of the insurance provider’s stock valued at $14,496,000 after buying an additional 139,614 shares during the period. Finally, State Street Corp boosted its stake in 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 period. 90.94% of the stock is owned by institutional investors.

Shares of Aspen Insurance Holdings Limited (AHL) opened at 51.70 on Tuesday. Aspen Insurance Holdings Limited has a 52 week low of $44.05 and a 52 week high of $57.80. The stock has a 50 day moving average price of $50.54 and a 200-day moving average price of $52.82. The firm has a market capitalization of $3.10 billion, a PE ratio of 22.78 and a beta of 0.73.

Aspen Insurance Holdings Limited (NYSE:AHL) last issued its quarterly earnings results on Wednesday, April 26th. The insurance provider reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.21. Aspen Insurance Holdings Limited had a return on equity of 3.97% and a net margin of 6.91%. The company had revenue of $581.10 million for the quarter, compared to analyst estimates of $686.46 million. During the same quarter in the prior year, the company posted $1.29 EPS. Equities analysts anticipate that Aspen Insurance Holdings Limited will post $3.59 earnings per share for the current year.

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Several equities research analysts have issued reports on AHL shares. Deutsche Bank AG raised their target price on Aspen Insurance Holdings Limited from $53.00 to $55.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Zacks Investment Research raised Aspen Insurance Holdings Limited from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, BidaskClub cut Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th.

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

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