BlackRock Inc. grew its position in Athene Holding Ltd. (NYSE:ATH) by 164.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,112,966 shares of the insurance provider’s stock after purchasing an additional 3,181,535 shares during the quarter. BlackRock Inc. owned approximately 2.55% of Athene Holding worth $253,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Nationwide Fund Advisors boosted its position in shares of Athene Holding by 36.2% in the second quarter. Nationwide Fund Advisors now owns 266,911 shares of the insurance provider’s stock worth $13,241,000 after purchasing an additional 70,954 shares during the period. TIAA CREF Investment Management LLC boosted its position in shares of Athene Holding by 48.4% in the second quarter. TIAA CREF Investment Management LLC now owns 2,686,185 shares of the insurance provider’s stock worth $133,262,000 after purchasing an additional 876,113 shares during the period. Teachers Advisors LLC boosted its position in shares of Athene Holding by 892.7% in the second quarter. Teachers Advisors LLC now owns 221,062 shares of the insurance provider’s stock worth $10,967,000 after purchasing an additional 198,794 shares during the period. Seven Eight Capital LP boosted its position in shares of Athene Holding by 931.7% in the second quarter. Seven Eight Capital LP now owns 84,600 shares of the insurance provider’s stock worth $4,197,000 after purchasing an additional 76,400 shares during the period. Finally, Riverhead Capital Management LLC bought a new position in shares of Athene Holding in the second quarter worth approximately $709,000. Institutional investors and hedge funds own 47.49% of the company’s stock.

A number of equities analysts have weighed in on the stock. Credit Suisse Group upgraded shares of Athene Holding from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $55.00 to $66.00 in a research report on Monday, June 19th. Keefe, Bruyette & Woods set a $59.00 price target on shares of Athene Holding and gave the stock a “buy” rating in a research report on Friday, August 11th. Royal Bank Of Canada upped their target price on shares of Athene Holding from $59.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Sandler O’Neill upgraded shares of Athene Holding from a “hold” rating to a “buy” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research upgraded shares of Athene Holding from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a research report on Tuesday, July 11th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Athene Holding presently has a consensus rating of “Buy” and a consensus target price of $57.50.

Athene Holding Ltd. (ATH) opened at 53.52 on Thursday. The company has a market cap of $10.71 billion and a price-to-earnings ratio of 8.66. The company’s 50 day moving average is $53.46 and its 200-day moving average is $53.46. Athene Holding Ltd. has a 12 month low of $43.25 and a 12 month high of $54.50.

Athene Holding (NYSE:ATH) last issued its quarterly earnings results on Wednesday, August 9th. The insurance provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.06 by $0.37. The company had revenue of $821.00 million during the quarter, compared to analysts’ expectations of $810.07 million. On average, analysts expect that Athene Holding Ltd. will post $5.12 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another site, it was stolen and reposted in violation of US & international copyright legislation. The original version of this story can be read at https://www.watchlistnews.com/athene-holding-ltd-ath-holdings-boosted-by-blackrock-inc/1609391.html.

Athene Holding Profile

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.

Institutional Ownership by Quarter for Athene Holding (NYSE:ATH)

Receive News & Ratings for Athene Holding Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athene Holding Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.