Schwab Charles Investment Management Inc. Decreases Stake in Allied World Assurance Company Holdings Ltd (AWH)

Schwab Charles Investment Management Inc. reduced its holdings in shares of Allied World Assurance Company Holdings Ltd (NYSE:AWH) by 0.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 526,684 shares of the insurance provider’s stock after selling 4,121 shares during the quarter. Schwab Charles Investment Management Inc. owned approximately 0.60% of Allied World Assurance Company Holdings worth $27,862,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Suntrust Banks Inc. grew its stake in shares of Allied World Assurance Company Holdings by 0.9% during the 1st 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. Rafferty Asset Management LLC grew its stake in shares of Allied World Assurance Company Holdings by 260.6% during the 1st quarter. Rafferty Asset Management LLC now owns 15,858 shares of the insurance provider’s stock worth $842,000 after acquiring an additional 11,460 shares in the last quarter. Yakira Capital Management Inc. bought a new position in shares of Allied World Assurance Company Holdings during the 1st quarter worth approximately $19,178,000. Janus Capital Management LLC grew its stake in shares of Allied World Assurance Company Holdings by 120.4% during the 1st quarter. Janus Capital Management LLC now owns 71,200 shares of the insurance provider’s stock worth $3,781,000 after acquiring an additional 38,900 shares in the last quarter. Finally, Cutler Group LP grew its stake in shares of Allied World Assurance Company Holdings by 154.3% during the 2nd quarter. Cutler Group LP now owns 2,800 shares of the insurance provider’s stock worth $148,000 after acquiring an additional 1,699 shares in the last quarter. 86.52% of the stock is owned by institutional investors.

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Allied World Assurance Company Holdings Ltd (AWH) opened at 49.24 on Friday. The company has a 50 day moving average of $49.16 and a 200 day moving average of $51.86. Allied World Assurance Company Holdings Ltd has a 1-year low of $39.09 and a 1-year high of $54.46.

Several equities analysts have recently weighed in on AWH shares. Evercore ISI started coverage on shares of Allied World Assurance Company Holdings in a research note on Monday, June 5th. They set an “in-line” rating and a $24.50 price target for the company. BidaskClub raised shares of Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Zacks Investment Research raised shares of Allied World Assurance Company Holdings from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 21st. Finally, ValuEngine raised shares of Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. One research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the stock. Allied World Assurance Company Holdings has a consensus rating of “Hold” and a consensus target price of $45.83.

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.

Institutional Ownership by Quarter for Allied World Assurance Company Holdings (NYSE:AWH)

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