Nationwide Fund Advisors increased its stake in Aspen Insurance Holdings Ltd. (NYSE:AHL) by 1.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,056 shares of the company’s stock after buying an additional 1,556 shares during the period. Nationwide Fund Advisors owned about 0.22% of Aspen Insurance Holdings worth $6,171,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Virginia Retirement System acquired a new stake in Aspen Insurance Holdings during the first quarter valued at approximately $1,393,000. Pacad Investment Ltd. acquired a new stake in Aspen Insurance Holdings during the first quarter valued at approximately $258,000. Teachers Advisors Inc. increased its stake in Aspen Insurance Holdings by 5.3% in the first quarter. Teachers Advisors Inc. now owns 412,068 shares of the company’s stock valued at $19,656,000 after buying an additional 20,890 shares during the period. Prudential Financial Inc. increased its stake in Aspen Insurance Holdings by 14.6% in the first quarter. Prudential Financial Inc. now owns 601,355 shares of the company’s stock valued at $28,685,000 after buying an additional 76,485 shares during the period. Finally, BlackRock Inc. increased its stake in Aspen Insurance Holdings by 17.0% in the first quarter. BlackRock Inc. now owns 29,585 shares of the company’s stock valued at $1,411,000 after buying an additional 4,294 shares during the period. Institutional investors and hedge funds own 93.97% of the company’s stock.
Shares of Aspen Insurance Holdings Ltd. (NYSE:AHL) traded up 0.79% during trading on Tuesday, reaching $46.19. 117,257 shares of the company’s stock were exchanged. The company’s 50-day moving average is $45.53 and its 200 day moving average is $46.18. Aspen Insurance Holdings Ltd. has a 52 week low of $40.34 and a 52 week high of $51.53. The stock has a market capitalization of $2.78 billion, a PE ratio of 10.03 and a beta of 0.74.
Aspen Insurance Holdings (NYSE:AHL) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by $0.29. Aspen Insurance Holdings had a return on equity of 7.90% and a net margin of 11.89%. The company had revenue of $680.80 million for the quarter, compared to analyst estimates of $677.80 million. During the same period in the previous year, the business posted $0.99 EPS. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. On average, analysts forecast that Aspen Insurance Holdings Ltd. will post $3.65 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 30th. Shareholders of record on Friday, August 12th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Wednesday, August 10th. Aspen Insurance Holdings’s dividend payout ratio is presently 19.05%.
Separately, Zacks Investment Research upgraded shares of Aspen Insurance Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, September 13th.
In other Aspen Insurance Holdings news, CEO Kane Christopher O sold 11,500 shares of Aspen Insurance Holdings stock in a transaction on Thursday, August 25th. The shares were sold at an average price of $45.25, for a total value of $520,375.00. Following the completion of the transaction, the chief executive officer now owns 277,889 shares of the company’s stock, valued at $12,574,477.25. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.50% of the stock is currently owned by company insiders.
Aspen Insurance Holdings Company Profile
Aspen Insurance Holdings Limited (Aspen Holdings) is a holding company. The Company conducts insurance and reinsurance business through its subsidiaries: Aspen U.K. and AUL, Aspen Bermuda (Bermuda) and Aspen Specialty and AAIC (the United States). It operates in two segments: Aspen Insurance and Aspen Reinsurance (Aspen Re).
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