Aspen Insurance Sees Unusually Large Options Volume (AHL)

Aspen Insurance Holdings Limited (NYSE:AHL) saw unusually large options trading activity on Monday. Investors purchased 1,100 put options on the company. This represents an increase of approximately 1,830% compared to the average daily volume of 57 put options.

Shares of NYSE AHL opened at $43.95 on Tuesday. The stock has a market cap of $2,619.83, a PE ratio of -6.67 and a beta of 0.35. Aspen Insurance has a 12 month low of $34.80 and a 12 month high of $54.10. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.20.

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Aspen Insurance (NYSE:AHL) last released its earnings results on Wednesday, February 7th. The insurance provider reported ($3.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($3.46) by $0.32. Aspen Insurance had a negative net margin of 10.80% and a negative return on equity of 11.61%. The firm had revenue of $511.00 million during the quarter, compared to the consensus estimate of $592.27 million. During the same period in the previous year, the firm earned ($0.34) earnings per share. Aspen Insurance’s revenue was down 16.6% compared to the same quarter last year. research analysts predict that Aspen Insurance will post 3.7 earnings per share for the current fiscal year.

A number of equities analysts have issued reports on AHL shares. Barclays cut their target price on shares of Aspen Insurance from $43.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, January 26th. Zacks Investment Research upgraded shares of Aspen Insurance from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. ValuEngine upgraded shares of Aspen Insurance from a “sell” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, UBS cut their target price on shares of Aspen Insurance from $43.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $45.75.

A number of institutional investors have recently added to or reduced their stakes in AHL. State of Alaska Department of Revenue purchased a new stake in Aspen Insurance in the fourth quarter valued at approximately $174,000. CHICAGO TRUST Co NA purchased a new stake in Aspen Insurance during the fourth quarter worth approximately $204,000. First Interstate Bank purchased a new stake in Aspen Insurance during the fourth quarter worth approximately $217,000. Xact Kapitalforvaltning AB purchased a new stake in Aspen Insurance during the fourth quarter worth approximately $223,000. Finally, Public Employees Retirement Association of Colorado grew its stake in Aspen Insurance by 229.7% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 6,163 shares of the insurance provider’s stock worth $250,000 after buying an additional 4,294 shares during the period. Hedge funds and other institutional investors own 98.15% of the company’s stock.

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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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