Polar Capital LLP Acquires 25,000 Shares of Allied World Assurance Company Holdings, AG (AWH)

Polar Capital LLP raised its position in shares of Allied World Assurance Company Holdings, AG (NYSE:AWH) by 7.1% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 375,000 shares of the company’s stock after buying an additional 25,000 shares during the period. Polar Capital LLP’s holdings in Allied World Assurance Company Holdings, AG were worth $15,158,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AWH. Vanguard Group Inc. boosted its stake in Allied World Assurance Company Holdings, AG by 3.3% in the second quarter. Vanguard Group Inc. now owns 6,257,868 shares of the company’s stock valued at $219,901,000 after buying an additional 200,934 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Allied World Assurance Company Holdings, AG by 8.1% in the third quarter. JPMorgan Chase & Co. now owns 2,890,310 shares of the company’s stock valued at $116,827,000 after buying an additional 216,696 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Allied World Assurance Company Holdings, AG by 1.1% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,400,943 shares of the company’s stock valued at $97,046,000 after buying an additional 26,107 shares during the last quarter. River Road Asset Management LLC boosted its stake in Allied World Assurance Company Holdings, AG by 2.1% in the third quarter. River Road Asset Management LLC now owns 1,747,407 shares of the company’s stock valued at $70,630,000 after buying an additional 36,512 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its stake in Allied World Assurance Company Holdings, AG by 13.0% in the third quarter. TIAA CREF Investment Management LLC now owns 1,064,789 shares of the company’s stock valued at $43,039,000 after buying an additional 122,834 shares during the last quarter. Institutional investors and hedge funds own 86.89% of the company’s stock.

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

Allied World Assurance Company Holdings, AG (NYSE:AWH) opened at 53.37 on Friday. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 18.79 and a beta of 0.58. Allied World Assurance Company Holdings, AG has a 1-year low of $30.72 and a 1-year high of $54.46. The stock has a 50 day moving average of $53.27 and a 200 day moving average of $45.49.

Allied World Assurance Company Holdings, AG (NYSE:AWH) last released its quarterly earnings data on Wednesday, February 1st. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.63 by $0.15. Allied World Assurance Company Holdings, AG had a return on equity of 6.69% and a net margin of 9.91%. The business earned $445.33 million during the quarter, compared to analysts’ expectations of $583.43 million. During the same quarter in the prior year, the firm earned $0.47 earnings per share. Allied World Assurance Company Holdings, AG’s quarterly revenue was down 4.2% on a year-over-year basis. Equities analysts expect that Allied World Assurance Company Holdings, AG will post $2.71 earnings per share for the current year.

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AWH has been the subject of several recent analyst reports. J P Morgan Chase & Co cut shares of Allied World Assurance Company Holdings, AG from an “overweight” rating to a “neutral” rating in a research report on Friday, January 6th. Zacks Investment Research upgraded shares of Allied World Assurance Company Holdings, AG from a “sell” rating to a “hold” rating in a research report on Tuesday, January 3rd. Macquarie cut shares of Allied World Assurance Company Holdings, AG from an “outperform” rating to a “neutral” rating in a research report on Friday, December 2nd. JMP Securities lowered shares of Allied World Assurance Company Holdings, AG from an “outperform” rating to a “market perform” rating in a research note on Wednesday, December 21st. Finally, MKM Partners lowered shares of Allied World Assurance Company Holdings, AG from a “buy” rating to a “neutral” rating and increased their target price for the stock from $45.00 to $54.00 in a research note on Tuesday, December 20th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $44.40.

About Allied World Assurance Company Holdings, AG

Allied World Assurance Company Holdings Ltd is a holding company. The Company provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. It operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. It leases space in Australia, Bermuda, Canada, England, Hong Kong, Ireland, Labuan, Singapore and the United States.

5 Day Chart for NYSE:AWH

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