Aspen Insurance Holdings Limited (AHL) Position Raised by M&T Bank Corp

M&T Bank Corp increased its holdings in Aspen Insurance Holdings Limited (NYSE:AHL) by 2.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,059 shares of the insurance provider’s stock after buying an additional 152 shares during the period. M&T Bank Corp’s holdings in Aspen Insurance Holdings Limited were worth $302,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. BlackRock Inc. raised its position in shares of Aspen Insurance Holdings Limited by 1.4% in the second quarter. BlackRock Inc. now owns 5,024,115 shares of the insurance provider’s stock worth $250,453,000 after buying an additional 68,642 shares in the last quarter. State Street Corp raised its position in shares of Aspen Insurance Holdings Limited by 5.7% in the first quarter. State Street Corp now owns 1,913,208 shares of the insurance provider’s stock worth $99,582,000 after buying an additional 103,520 shares in the last quarter. Frontier Capital Management Co. LLC raised its position in shares of Aspen Insurance Holdings Limited by 1.0% in the second quarter. Frontier Capital Management Co. LLC now owns 1,668,049 shares of the insurance provider’s stock worth $83,152,000 after buying an additional 17,128 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Aspen Insurance Holdings Limited by 7.9% in the first quarter. AQR Capital Management LLC now owns 1,336,980 shares of the insurance provider’s stock worth $69,590,000 after buying an additional 98,233 shares in the last quarter. Finally, Pzena Investment Management LLC raised its position in shares of Aspen Insurance Holdings Limited by 4.8% in the second quarter. Pzena Investment Management LLC now owns 1,094,283 shares of the insurance provider’s stock worth $54,550,000 after buying an additional 49,971 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) opened at 40.65 on Friday. The stock has a market cap of $2.43 billion, a P/E ratio of 16.62 and a beta of 0.70. Aspen Insurance Holdings Limited has a 52-week low of $35.05 and a 52-week high of $57.80. The firm’s 50-day moving average price is $41.62 and its 200-day moving average price is $48.17.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a net margin of 7.66% and a return on equity of 3.84%. The company had revenue of $562.00 million for the quarter, compared to the consensus estimate of $639.57 million. During the same period last year, the company earned $0.40 EPS. The firm’s revenue for the quarter was down 17.5% on a year-over-year basis. Equities analysts predict that Aspen Insurance Holdings Limited will post ($2.61) EPS for the current year.

A number of brokerages recently issued reports on AHL. UBS AG lowered their price objective on Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a “neutral” rating on the stock in a research report on Monday, October 2nd. Buckingham Research raised their price target on Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Thursday, October 5th. BidaskClub upgraded Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Barclays PLC lowered their price target on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 27th. Finally, TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $48.25.

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About Aspen Insurance Holdings Limited

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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Institutional Ownership by Quarter for Aspen Insurance Holdings Limited (NYSE:AHL)

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