Aspen Insurance Holdings Limited (AHL) Shares Bought by Bessemer Group Inc.

Bessemer Group Inc. increased its stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) by 2.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 401,130 shares of the insurance provider’s stock after purchasing an additional 9,904 shares during the quarter. Bessemer Group Inc. owned approximately 0.68% of Aspen Insurance Holdings Limited worth $16,205,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Aspen Insurance Holdings Limited by 13.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock worth $122,000 after purchasing an additional 284 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Aspen Insurance Holdings Limited during the 2nd quarter worth approximately $201,000. TLP Group LLC increased its position in Aspen Insurance Holdings Limited by 13.7% during the 2nd quarter. TLP Group LLC now owns 4,094 shares of the insurance provider’s stock worth $204,000 after purchasing an additional 494 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Aspen Insurance Holdings Limited by 17.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock worth $216,000 after purchasing an additional 659 shares in the last quarter. Finally, OxFORD Asset Management LLP acquired a new position in Aspen Insurance Holdings Limited during the 2nd quarter worth approximately $233,000. Institutional investors and hedge funds own 92.41% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (AHL) traded up $0.30 during midday trading on Friday, reaching $42.15. 420,149 shares of the company’s stock traded hands, compared to its average volume of 618,370. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.21. Aspen Insurance Holdings Limited has a 1 year low of $35.05 and a 1 year high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last announced its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($5.07) by $0.29. Aspen Insurance Holdings Limited had a negative net margin of 6.00% and a negative return on equity of 5.68%. The firm had revenue of $652.50 million during the quarter, compared to analysts’ expectations of $626.56 million. During the same period in the prior year, the company posted $0.97 EPS. The company’s revenue was down 4.2% on a year-over-year basis. research analysts expect that Aspen Insurance Holdings Limited will post -2.6 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Friday, November 10th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.28%. The ex-dividend date is Thursday, November 9th. Aspen Insurance Holdings Limited’s dividend payout ratio (DPR) is currently -27.75%.

A number of equities analysts recently issued reports on AHL shares. Buckingham Research upped their price objective on shares of Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the stock a “buy” rating in a research report on Thursday, October 5th. TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Barclays PLC decreased their price target on shares of Aspen Insurance Holdings Limited from $49.00 to $43.00 and set an “equal weight” rating for the company in a research report on Monday, October 16th. Zacks Investment Research upgraded shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “hold” rating in a research report on Monday, October 30th. Finally, UBS AG restated a “neutral” rating and issued a $52.00 price target (down from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $46.75.

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Aspen Insurance Holdings Limited 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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