Boston Partners lifted its holdings in Aspen Insurance Holdings Limited (NYSE:AHL) by 394.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 409,643 shares of the insurance provider’s stock after acquiring an additional 326,734 shares during the period. Boston Partners owned approximately 0.69% of Aspen Insurance worth $16,632,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue acquired a new stake in Aspen Insurance during the 4th quarter valued at $174,000. Susquehanna International Group LLP acquired a new stake in Aspen Insurance during the 2nd quarter valued at $201,000. Quantitative Systematic Strategies LLC acquired a new stake in Aspen Insurance during the 3rd quarter valued at $204,000. CHICAGO TRUST Co NA acquired a new stake in Aspen Insurance during the 4th quarter valued at $204,000. Finally, PNC Financial Services Group Inc. grew its holdings in Aspen Insurance by 17.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock valued at $216,000 after purchasing an additional 659 shares in the last quarter. 97.94% of the stock is owned by institutional investors.
Shares of Aspen Insurance Holdings Limited (NYSE AHL) traded up $0.40 during mid-day trading on Friday, reaching $37.65. 169,626 shares of the company’s stock traded hands, compared to its average volume of 820,941. The firm has a market cap of $2,209.46, a price-to-earnings ratio of -7.03 and a beta of 0.59. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.71 and a current ratio of 0.53. Aspen Insurance Holdings Limited has a 52 week low of $35.05 and a 52 week high of $57.55.
Aspen Insurance (NYSE:AHL) last announced its quarterly earnings data on Wednesday, February 7th. The insurance provider reported ($3.14) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.46) by $0.32. Aspen Insurance had a negative net margin of 10.80% and a negative return on equity of 11.61%. The company had revenue of $511.00 million during the quarter, compared to analyst estimates of $592.27 million. During the same period last year, the business earned ($0.34) EPS. The firm’s revenue for the quarter was down 16.6% compared to the same quarter last year. equities research analysts predict that Aspen Insurance Holdings Limited will post 3.7 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 13th. Stockholders of record on Friday, February 23rd will be given a $0.24 dividend. The ex-dividend date is Thursday, February 22nd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.55%. Aspen Insurance’s payout ratio is currently -18.11%.
A number of equities research analysts recently weighed in on the stock. ValuEngine lowered shares of Aspen Insurance from a “sell” rating to a “strong sell” rating in a report on Friday, February 2nd. Zacks Investment Research lowered shares of Aspen Insurance from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 30th. Barclays decreased their price objective on shares of 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 decreased their price objective on shares of Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, January 26th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $45.75.
Aspen Insurance Company 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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