Wolverine Trading LLC bought a new stake in shares of Aspen Insurance Holdings Limited (NYSE:AHL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,787 shares of the insurance provider’s stock, valued at approximately $276,000.
Several other large investors also recently bought and sold shares of the company. NWQ Investment Management Company LLC bought a new position in shares of Aspen Insurance during the fourth quarter valued at approximately $48,846,000. Teachers Advisors LLC grew its holdings in shares of Aspen Insurance by 1.7% during the fourth quarter. Teachers Advisors LLC now owns 163,934 shares of the insurance provider’s stock valued at $6,656,000 after purchasing an additional 2,713 shares during the last quarter. Prana Capital Management LP bought a new position in shares of Aspen Insurance during the fourth quarter valued at approximately $3,287,000. Two Sigma Investments LP grew its holdings in shares of Aspen Insurance by 103.3% during the fourth quarter. Two Sigma Investments LP now owns 445,818 shares of the insurance provider’s stock valued at $18,100,000 after purchasing an additional 226,519 shares during the last quarter. Finally, Two Sigma Advisers LP grew its holdings in shares of Aspen Insurance by 25.0% during the fourth quarter. Two Sigma Advisers LP now owns 481,492 shares of the insurance provider’s stock valued at $19,549,000 after purchasing an additional 96,400 shares during the last quarter. 98.12% of the stock is owned by institutional investors.
Several equities analysts have recently commented on the company. Zacks Investment Research raised Aspen Insurance from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. ValuEngine lowered Aspen Insurance from a “sell” rating to a “strong sell” rating in a report on Friday, February 2nd. Barclays lowered their target price on Aspen Insurance from $43.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, January 26th. Finally, UBS Group lowered their target price on Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, January 26th. Two investment 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 company has an average rating of “Hold” and an average price target of $45.75.
Aspen Insurance (NYSE:AHL) last issued its quarterly earnings data on Wednesday, February 7th. The insurance provider reported ($3.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($3.46) by $0.32. Aspen Insurance had a negative return on equity of 11.61% and a negative net margin of 10.80%. The business had revenue of $511.00 million during the quarter, compared to analyst estimates of $592.27 million. During the same period in the prior year, the company posted ($0.34) EPS. The business’s revenue for the quarter was down 16.6% compared to the same quarter last year. analysts anticipate that Aspen Insurance Holdings Limited will post 3.7 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 13th. Investors of record on Friday, February 23rd were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend was Thursday, February 22nd. Aspen Insurance’s dividend payout ratio (DPR) is -18.11%.
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Aspen Insurance 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.
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