Analysts expect that Athene Holding Ltd. (NYSE:ATH) will report sales of $874.26 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Athene Holding’s earnings. The highest sales estimate is $895.00 million and the lowest is $843.00 million. Athene Holding posted sales of $1.06 billion during the same quarter last year, which indicates a negative year over year growth rate of 17.5%. The company is scheduled to announce its next earnings results on Wednesday, March 21st.

On average, analysts expect that Athene Holding will report full year sales of $874.26 million for the current year, with estimates ranging from $3.26 billion to $3.46 billion. For the next year, analysts expect that the firm will post sales of $3.86 billion per share, with estimates ranging from $3.76 billion to $4.04 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Athene Holding.

Athene Holding (NYSE:ATH) last released its earnings results on Monday, November 6th. The insurance provider reported $1.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.06. The firm had revenue of $863.00 million during the quarter, compared to analysts’ expectations of $852.85 million. Athene Holding had a net margin of 22.66% and a return on equity of 13.31%.

Several analysts have commented on the stock. UBS AG lifted their target price on shares of Athene Holding from $63.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, November 6th. Canaccord Genuity reaffirmed a “buy” rating on shares of Athene Holding in a research note on Friday, November 3rd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $63.00 target price on shares of Athene Holding in a research note on Friday, November 3rd. Wells Fargo & Company reaffirmed a “buy” rating on shares of Athene Holding in a research note on Wednesday, November 1st. Finally, Goldman Sachs Group, Inc. (The) assumed coverage on shares of Athene Holding in a research note on Wednesday, October 18th. They issued a “buy” rating and a $63.00 target price for the company. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Athene Holding presently has a consensus rating of “Buy” and a consensus target price of $59.79.

Shares of Athene Holding (NYSE:ATH) opened at $48.89 on Friday. The company has a market cap of $9,857.68 and a P/E ratio of 9.15. Athene Holding has a 12 month low of $43.25 and a 12 month high of $55.22.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Athene Holding by 26.2% during the 2nd quarter. Vanguard Group Inc. now owns 7,938,480 shares of the insurance provider’s stock valued at $393,827,000 after buying an additional 1,648,981 shares during the period. CI Global Investments Inc. grew its stake in shares of Athene Holding by 3.7% during the 3rd quarter. CI Global Investments Inc. now owns 7,036,310 shares of the insurance provider’s stock valued at $378,835,000 after buying an additional 250,111 shares during the period. Neuberger Berman Group LLC grew its stake in shares of Athene Holding by 2.3% during the 3rd quarter. Neuberger Berman Group LLC now owns 6,207,101 shares of the insurance provider’s stock valued at $334,190,000 after buying an additional 139,195 shares during the period. BlackRock Inc. grew its stake in shares of Athene Holding by 164.7% during the 2nd quarter. BlackRock Inc. now owns 5,112,966 shares of the insurance provider’s stock valued at $253,652,000 after buying an additional 3,181,535 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Athene Holding by 38.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,699,724 shares of the insurance provider’s stock valued at $133,933,000 after buying an additional 750,050 shares during the period. 48.99% of the stock is owned by institutional investors.

About Athene Holding

Athene Holding Ltd. is an insurance holding company. The Company’s segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue and reinsure retirement savings products and institutional products. Retirement Services has retail operations, which provide annuity retirement solutions to its policyholders.

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Earnings History and Estimates for Athene Holding (NYSE:ATH)

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