Vaughan Nelson Investment Management L.P. Sells 420,600 Shares of Aspen Insurance Holdings Limited (NYSE:AHL)

Vaughan Nelson Investment Management L.P. reduced its position in Aspen Insurance Holdings Limited (NYSE:AHL) by 32.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 863,312 shares of the insurance provider’s stock after selling 420,600 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 1.44% of Aspen Insurance Holdings Limited worth $43,036,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund increased its position in shares of Aspen Insurance Holdings Limited by 4.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 22,116 shares of the insurance provider’s stock worth $1,102,000 after buying an additional 971 shares during the period. Trust Co. of Vermont boosted its stake in Aspen Insurance Holdings Limited by 1.2% in the second quarter. Trust Co. of Vermont now owns 8,355 shares of the insurance provider’s stock worth $417,000 after buying an additional 100 shares in the last quarter. CHICAGO TRUST Co NA boosted its stake in Aspen Insurance Holdings Limited by 17.6% in the second quarter. CHICAGO TRUST Co NA now owns 5,779 shares of the insurance provider’s stock worth $288,000 after buying an additional 863 shares in the last quarter. Capstone Asset Management Co. boosted its stake in Aspen Insurance Holdings Limited by 11.2% in the second quarter. Capstone Asset Management Co. now owns 9,069 shares of the insurance provider’s stock worth $452,000 after buying an additional 910 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in Aspen Insurance Holdings Limited during the first quarter worth approximately $16,838,000. Institutional investors and hedge funds own 90.65% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (AHL) traded up 0.32% during mid-day trading on Friday, reaching $47.70. 438,489 shares of the company traded hands. Aspen Insurance Holdings Limited has a 52 week low of $44.05 and a 52 week high of $57.80. The stock’s 50-day moving average is $49.95 and its 200-day moving average is $52.18. The company has a market capitalization of $2.85 billion, a P/E ratio of 19.50 and a beta of 0.72.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its earnings results on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by $0.54. Aspen Insurance Holdings Limited had a net margin of 7.66% and a return on equity of 3.84%. The company had revenue of $562 million during the quarter, compared to analysts’ expectations of $639.57 million. During the same quarter in the previous year, the firm posted $0.40 earnings per share. Aspen Insurance Holdings Limited’s revenue for the quarter was down 17.5% compared to the same quarter last year. On average, equities analysts predict that Aspen Insurance Holdings Limited will post $3.02 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 29th. Shareholders of record on Monday, August 14th will be given a dividend of $0.24 per share. The ex-dividend date is Thursday, August 10th. This represents a $0.96 dividend on an annualized basis and a yield of 2.01%. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is 39.67%.

TRADEMARK VIOLATION WARNING: “Vaughan Nelson Investment Management L.P. Sells 420,600 Shares of Aspen Insurance Holdings Limited (NYSE:AHL)” was reported by BNB Daily and is the property of of BNB Daily. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.baseball-news-blog.com/2017/08/13/vaughan-nelson-investment-management-l-p-sells-420600-shares-of-aspen-insurance-holdings-limited-nyseahl-updated-updated-updated.html.

A number of analysts have recently commented on AHL shares. Deutsche Bank AG boosted their target price on shares of 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. BidaskClub raised shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. Zacks Investment Research raised shares of Aspen Insurance Holdings Limited from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Barclays PLC cut their target price 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. Finally, TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $54.50.

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.

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

Receive News & Ratings for Aspen Insurance Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Insurance Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply