California Public Employees Retirement System Has $6.85 Million Holdings in Aspen Insurance Holdings Limited (AHL)

California Public Employees Retirement System lessened its holdings in Aspen Insurance Holdings Limited (NYSE:AHL) by 23.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 168,254 shares of the insurance provider’s stock after selling 52,695 shares during the quarter. California Public Employees Retirement System’s holdings in Aspen Insurance were worth $6,848,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bessemer Group Inc. boosted its stake in shares of Aspen Insurance by 1.1% during the 2nd quarter. Bessemer Group Inc. now owns 110,541 shares of the insurance provider’s stock worth $4,499,000 after acquiring an additional 1,255 shares in the last quarter. Quantitative Systematic Strategies LLC boosted its stake in shares of Aspen Insurance by 5.8% during the 2nd quarter. Quantitative Systematic Strategies LLC now owns 30,451 shares of the insurance provider’s stock worth $1,239,000 after acquiring an additional 1,662 shares in the last quarter. Levin Capital Strategies L.P. boosted its stake in shares of Aspen Insurance by 5.0% during the 2nd quarter. Levin Capital Strategies L.P. now owns 39,174 shares of the insurance provider’s stock worth $1,594,000 after acquiring an additional 1,860 shares in the last quarter. Xact Kapitalforvaltning AB boosted its stake in shares of Aspen Insurance by 43.6% during the 1st quarter. Xact Kapitalforvaltning AB now owns 7,902 shares of the insurance provider’s stock worth $354,000 after acquiring an additional 2,400 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Aspen Insurance by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 642,306 shares of the insurance provider’s stock worth $26,141,000 after acquiring an additional 2,620 shares in the last quarter. 97.16% of the stock is currently owned by institutional investors.

Shares of Aspen Insurance stock opened at $41.90 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.74 and a quick ratio of 0.74. Aspen Insurance Holdings Limited has a 1 year low of $34.80 and a 1 year high of $46.10. The company has a market cap of $2.49 billion, a P/E ratio of -6.32 and a beta of 0.37.

Aspen Insurance (NYSE:AHL) last issued its quarterly earnings data on Wednesday, August 1st. The insurance provider reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.01. Aspen Insurance had a negative return on equity of 11.73% and a negative net margin of 18.11%. The firm had revenue of $519.50 million during the quarter, compared to the consensus estimate of $536.00 million. During the same period in the previous year, the firm posted $0.47 EPS. The company’s quarterly revenue was down 7.6% compared to the same quarter last year. On average, analysts forecast that Aspen Insurance Holdings Limited will post 2.7 EPS for the current fiscal year.

AHL has been the topic of several research analyst reports. Zacks Investment Research lowered Aspen Insurance from a “buy” rating to a “hold” rating in a research note on Monday, July 16th. ValuEngine raised Aspen Insurance from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. Deutsche Bank boosted their price target on Aspen Insurance from $40.00 to $42.00 and gave the stock a “hold” rating in a research note on Wednesday, September 5th. Finally, Buckingham Research lowered Aspen Insurance from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $46.00 to $42.75 in a research note on Monday, September 10th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $42.55.

About Aspen Insurance

Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in the United States and internationally. The company's Aspen Insurance segment offers property and casualty insurance products, including U.S. and U.K. commercial property, commercial liability, U.S.

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Institutional Ownership by Quarter for Aspen Insurance (NYSE:AHL)

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