Allied World Assurance Company Holdings Ltd (NYSE:AWH) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and eight have assigned a hold recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $39.25.

AWH has been the topic of a number of recent analyst reports. BidaskClub upgraded shares of Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. ValuEngine lowered shares of Allied World Assurance Company Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Evercore ISI began coverage on shares of Allied World Assurance Company Holdings in a research note on Monday, June 5th. They issued an “in-line” rating and a $24.50 price objective on the stock. Finally, Zacks Investment Research upgraded shares of Allied World Assurance Company Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 21st.

A number of institutional investors have recently added to or reduced their stakes in the business. Suntrust Banks Inc. grew its position in Allied World Assurance Company Holdings by 0.9% in the first quarter. Suntrust Banks Inc. now owns 10,471 shares of the insurance provider’s stock worth $555,000 after acquiring an additional 93 shares in the last quarter. Utah Retirement Systems grew its position in Allied World Assurance Company Holdings by 0.6% in the first quarter. Utah Retirement Systems now owns 15,974 shares of the insurance provider’s stock worth $848,000 after acquiring an additional 100 shares in the last quarter. Teacher Retirement System of Texas grew its position in Allied World Assurance Company Holdings by 2.3% in the second quarter. Teacher Retirement System of Texas now owns 6,985 shares of the insurance provider’s stock worth $370,000 after acquiring an additional 156 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Allied World Assurance Company Holdings by 10.7% in the second quarter. PNC Financial Services Group Inc. now owns 2,410 shares of the insurance provider’s stock worth $127,000 after acquiring an additional 232 shares in the last quarter. Finally, Amalgamated Bank grew its position in Allied World Assurance Company Holdings by 3.2% in the first quarter. Amalgamated Bank now owns 12,566 shares of the insurance provider’s stock worth $667,000 after acquiring an additional 385 shares in the last quarter. Hedge funds and other institutional investors own 86.52% of the company’s stock.

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Shares of Allied World Assurance Company Holdings (NYSE:AWH) opened at 49.24 on Friday. Allied World Assurance Company Holdings has a 12 month low of $39.09 and a 12 month high of $54.46. The company’s 50-day moving average is $49.16 and its 200-day moving average is $51.86.

Allied World Assurance Company Holdings Company Profile

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada.

Analyst Recommendations for Allied World Assurance Company Holdings (NYSE:AWH)

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