Allied World Assurance Company Holdings Ltd (NYSE:AWH) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday, July 25th.
Several other brokerages also recently weighed in on AWH. Zacks Investment Research downgraded Allied World Assurance Company Holdings from a “buy” rating to a “hold” rating in a report on Monday, May 8th. BidaskClub upgraded Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Finally, Evercore ISI assumed coverage on Allied World Assurance Company Holdings in a report on Monday, June 5th. They issued an “in-line” rating and a $24.50 price target for the company. One analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $45.83.
Allied World Assurance Company Holdings (NYSE:AWH) traded down 1.34% during midday trading on Tuesday, hitting $49.24. The company had a trading volume of 206,590 shares. The stock has a market cap of $4.31 billion, a PE ratio of 16.82 and a beta of 0.69. Allied World Assurance Company Holdings has a 52-week low of $39.09 and a 52-week high of $54.46. The stock’s 50-day moving average price is $50.69 and its 200-day moving average price is $52.43.
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Several hedge funds have recently made changes to their positions in AWH. New York State Teachers Retirement System boosted its stake in shares of Allied World Assurance Company Holdings by 2.6% in the fourth quarter. New York State Teachers Retirement System now owns 7,800 shares of the insurance provider’s stock valued at $419,000 after buying an additional 200 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Allied World Assurance Company Holdings by 1.4% in the fourth quarter. Guggenheim Capital LLC now owns 25,047 shares of the insurance provider’s stock valued at $1,346,000 after buying an additional 336 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Allied World Assurance Company Holdings by 10.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,161 shares of the insurance provider’s stock valued at $107,000 after buying an additional 207 shares in the last quarter. Teachers Advisors LLC boosted its stake in shares of Allied World Assurance Company Holdings by 2.3% in the fourth quarter. Teachers Advisors LLC now owns 627,051 shares of the insurance provider’s stock valued at $33,679,000 after buying an additional 13,852 shares in the last quarter. Finally, Foundry Partners LLC boosted its stake in shares of Allied World Assurance Company Holdings by 1.2% in the first quarter. Foundry Partners LLC now owns 207,186 shares of the insurance provider’s stock valued at $11,002,000 after buying an additional 2,482 shares in the last quarter. 86.52% of the stock is owned by institutional investors.
About Allied World Assurance Company Holdings
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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