Wall Street analysts predict that Aspen Insurance Holdings Limited (NYSE:AHL) will announce ($0.14) earnings per share (EPS) for the current quarter, according to Zacks. Zero analysts have provided estimates for Aspen Insurance Holdings Limited’s earnings. Aspen Insurance Holdings Limited reported earnings of $0.97 per share in the same quarter last year, which would indicate a negative year over year growth rate of 114.4%. The business is expected to issue its next quarterly earnings report after the market closes on Wednesday, October 25th.

On average, analysts expect that Aspen Insurance Holdings Limited will report full year earnings of $2.30 per share for the current financial year. For the next financial year, analysts expect that the business will report earnings of $3.90 per share. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that follow Aspen Insurance Holdings Limited.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.01 by ($0.54). The company had revenue of $562.00 million for the quarter, compared to analyst estimates of $639.57 million. Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. Aspen Insurance Holdings Limited’s revenue for the quarter was down 17.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share.

A number of equities analysts have recently issued reports on the company. BidaskClub raised Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research report on Friday, July 7th. Zacks Investment Research downgraded Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. UBS AG reissued a “neutral” rating and set a $52.00 price target (down previously from $54.00) on shares of Aspen Insurance Holdings Limited in a research report on Tuesday, August 1st. TheStreet downgraded Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research report on Thursday, July 27th. Finally, Barclays PLC dropped their price objective 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. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $47.75.

Aspen Insurance Holdings Limited (AHL) opened at 40.80 on Thursday. The firm has a market capitalization of $2.44 billion, a PE ratio of 16.68 and a beta of 0.70. The company’s 50-day moving average is $42.64 and its 200-day moving average is $48.65. Aspen Insurance Holdings Limited has a 52-week low of $35.05 and a 52-week high of $57.80.

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A number of hedge funds have recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd bought a new stake in Aspen Insurance Holdings Limited during the second quarter valued at about $354,000. Ameritas Investment Partners Inc. boosted its position in Aspen Insurance Holdings Limited by 1.8% during the second quarter. Ameritas Investment Partners Inc. now owns 17,951 shares of the insurance provider’s stock valued at $895,000 after purchasing an additional 313 shares in the last quarter. Susquehanna International Group LLP bought a new stake in Aspen Insurance Holdings Limited during the second quarter valued at about $201,000. The Manufacturers Life Insurance Company bought a new stake in Aspen Insurance Holdings Limited during the second quarter valued at about $4,390,000. Finally, Cubist Systematic Strategies LLC boosted its position in Aspen Insurance Holdings Limited by 45.6% during the second quarter. Cubist Systematic Strategies LLC now owns 26,664 shares of the insurance provider’s stock valued at $1,329,000 after purchasing an additional 8,351 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

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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