Shares of Aspen Insurance Holdings Limited (NYSE:AHL) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $48.25.

Several equities research analysts have issued reports on the company. Buckingham Research lifted their price objective on Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Thursday, October 5th. UBS AG dropped their price objective on Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a “neutral” rating on the stock in a report on Monday, October 2nd. TheStreet downgraded 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 Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an “equal weight” rating on the stock in a report on Thursday, July 27th. Finally, BidaskClub downgraded Aspen Insurance Holdings Limited from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th.

Aspen Insurance Holdings Limited (NYSE AHL) opened at 40.50 on Thursday. The firm has a 50-day moving average of $41.79 and a 200 day moving average of $48.22. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 16.56 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 posted its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The business had revenue of $562.00 million for the quarter, compared to analysts’ expectations of $639.57 million. During the same quarter in the prior year, the firm earned $0.40 earnings per share. Aspen Insurance Holdings Limited’s revenue for the quarter was down 17.5% compared to the same quarter last year. On average, analysts anticipate that Aspen Insurance Holdings Limited will post $0.85 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Aspen Insurance Holdings Limited in the 2nd quarter valued at approximately $354,000. Ameritas Investment Partners Inc. increased its holdings in shares of Aspen Insurance Holdings Limited by 1.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 17,951 shares of the insurance provider’s stock valued at $895,000 after acquiring an additional 313 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of Aspen Insurance Holdings Limited in the 2nd quarter valued at approximately $201,000. The Manufacturers Life Insurance Company bought a new stake in shares of Aspen Insurance Holdings Limited in the 2nd quarter valued at approximately $4,390,000. Finally, Cubist Systematic Strategies LLC increased its holdings in shares of Aspen Insurance Holdings Limited by 45.6% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 26,664 shares of the insurance provider’s stock valued at $1,329,000 after acquiring an additional 8,351 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/10/12/aspen-insurance-holdings-limited-ahl-given-consensus-rating-of-hold-by-brokerages.html.

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.

Receive News & Ratings for Aspen Insurance Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Insurance Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.