Shares of Aspen Insurance Holdings Limited (NYSE:AHL) have received a consensus rating of “Hold” from the eight brokerages that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $46.75.

AHL has been the subject of a number of recent analyst reports. Buckingham Research initiated coverage on shares of Aspen Insurance in a research report on Monday, September 11th. They issued a “buy” rating and a $44.00 price target for the company. Barclays dropped their price target on shares of Aspen Insurance from $49.00 to $43.00 and set an “equal weight” rating for the company in a research report on Monday, October 16th. Zacks Investment Research upgraded shares of Aspen Insurance from a “strong sell” rating to a “hold” rating in a research report on Monday, October 30th. UBS dropped their price target on shares of Aspen Insurance from $45.00 to $43.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd. Finally, ValuEngine lowered shares of Aspen Insurance from a “hold” rating to a “sell” rating in a research report on Friday, October 13th.

Aspen Insurance (NYSE:AHL) traded down $0.50 on Friday, hitting $41.00. 336,000 shares of the company’s stock were exchanged, compared to its average volume of 421,214. Aspen Insurance has a fifty-two week low of $35.05 and a fifty-two week high of $57.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.71 and a quick ratio of 0.71.

Aspen Insurance (NYSE:AHL) last posted its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($4.78) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($5.07) by $0.29. The business had revenue of $652.50 million during the quarter, compared to analyst estimates of $626.56 million. Aspen Insurance had a negative net margin of 6.00% and a negative return on equity of 5.68%. The company’s revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.97 earnings per share. equities research analysts anticipate that Aspen Insurance will post -3.2 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 28th. Investors of record on Friday, November 10th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, November 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.34%. Aspen Insurance’s dividend payout ratio is -27.75%.

In related news, CEO Stephen Postlewhite sold 1,200 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $41.62, for a total transaction of $49,944.00. Following the completion of the transaction, the chief executive officer now owns 39,321 shares in the company, valued at $1,636,540.02. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.34% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of the stock. Teacher Retirement System of Texas raised its stake in Aspen Insurance by 0.6% during the second quarter. Teacher Retirement System of Texas now owns 4,790 shares of the insurance provider’s stock valued at $239,000 after purchasing an additional 29 shares in the last quarter. People s United Financial Inc. raised its stake in Aspen Insurance by 0.7% during the second quarter. People s United Financial Inc. now owns 18,957 shares of the insurance provider’s stock valued at $945,000 after purchasing an additional 133 shares in the last quarter. M&T Bank Corp raised its stake in Aspen Insurance by 2.6% during the second quarter. M&T Bank Corp now owns 6,059 shares of the insurance provider’s stock valued at $302,000 after purchasing an additional 152 shares in the last quarter. Tudor Investment Corp ET AL raised its stake in Aspen Insurance by 0.8% during the second quarter. Tudor Investment Corp ET AL now owns 23,770 shares of the insurance provider’s stock valued at $1,185,000 after purchasing an additional 181 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Aspen Insurance by 13.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after purchasing an additional 284 shares in the last quarter. Hedge funds and other institutional investors own 92.71% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Aspen Insurance Holdings Limited (AHL) Given Consensus Recommendation of “Hold” by Analysts” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/01/aspen-insurance-holdings-limited-ahl-given-consensus-recommendation-of-hold-by-analysts.html.

Aspen Insurance 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.