The Aspen Insurance Holdings Limited (AHL) Downgraded to Sell at ValuEngine

The Aspen Insurance Holdings Limited (AHL) Downgraded to Sell at ValuEngine

ValuEngine downgraded shares of Aspen Insurance Holdings Limited (NYSE:AHL) from a hold rating to a sell rating in a research report sent to investors on Friday morning.

Other analysts have also issued research reports about the stock. Buckingham Research started coverage on shares of Aspen Insurance Holdings Limited in a report on Monday, September 11th. They set a buy rating and a $44.00 price objective for the company. TheStreet lowered shares of Aspen Insurance Holdings Limited from a b rating to a c rating in a report on Thursday, July 27th. Barclays PLC dropped their price objective on shares of Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an equal weight rating for the company in a report on Thursday, July 27th. Zacks Investment Research raised shares of Aspen Insurance Holdings Limited from a sell rating to a hold rating in a report on Tuesday, July 11th. Finally, UBS AG dropped their price objective on shares of Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a neutral rating for the company in a report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Aspen Insurance Holdings Limited has an average rating of Hold and a consensus target price of $48.25.

Aspen Insurance Holdings Limited (AHL) traded up 2.71% during trading on Friday, hitting $41.75. The stock had a trading volume of 681,387 shares. The stock has a 50-day moving average price of $41.48 and a 200-day moving average price of $48.09. The company has a market cap of $2.50 billion, a PE ratio of 17.07 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.

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

Several institutional investors have recently modified their holdings of AHL. UBS Asset Management Americas Inc. increased its holdings in shares of Aspen Insurance Holdings Limited by 10.0% in the first quarter. UBS Asset Management Americas Inc. now owns 52,189 shares of the insurance provider’s stock valued at $2,716,000 after purchasing an additional 4,734 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Aspen Insurance Holdings Limited by 1.0% in the first quarter. M&T Bank Corp now owns 5,907 shares of the insurance provider’s stock valued at $308,000 after purchasing an additional 58 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Aspen Insurance Holdings Limited by 169.7% in the first quarter. SG Americas Securities LLC now owns 15,398 shares of the insurance provider’s stock valued at $801,000 after purchasing an additional 9,689 shares in the last quarter. Credit Agricole S A increased its holdings in shares of Aspen Insurance Holdings Limited by 155.6% in the first quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after purchasing an additional 2,622 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its holdings in shares of Aspen Insurance Holdings Limited by 37.3% in the first quarter. OppenheimerFunds Inc. now owns 15,794 shares of the insurance provider’s stock valued at $822,000 after purchasing an additional 4,287 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

Aspen Insurance Holdings Limited 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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