Shares of Athene Holding Ltd. (NYSE:ATH) have been given a consensus rating of “Buy” by the eighteen ratings firms that are presently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $59.75.

A number of equities analysts recently issued reports on the company. BMO Capital Markets reissued a “hold” rating and issued a $62.00 price objective on shares of Athene Holding in a report on Friday, August 11th. Sandler O’Neill raised Athene Holding from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Royal Bank Of Canada upped their target price on Athene Holding from $59.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Keefe, Bruyette & Woods set a $59.00 target price on Athene Holding and gave the stock a “buy” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research downgraded Athene Holding from a “buy” rating to a “hold” rating in a research report on Friday, August 11th.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Neuberger Berman Group LLC increased its stake in shares of Athene Holding by 2.3% in the third quarter. Neuberger Berman Group LLC now owns 6,207,101 shares of the insurance provider’s stock worth $334,190,000 after acquiring an additional 139,195 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of Athene Holding by 9.5% in the third quarter. California Public Employees Retirement System now owns 2,537,572 shares of the insurance provider’s stock worth $135,863,000 after acquiring an additional 219,700 shares during the last quarter. Cubist Systematic Strategies LLC increased its position in Athene Holding by 108.7% during the third quarter. Cubist Systematic Strategies LLC now owns 21,466 shares of the insurance provider’s stock worth $1,156,000 after buying an additional 11,180 shares during the last quarter. Capital Returns Management LLC increased its position in Athene Holding by 1.7% during the third quarter. Capital Returns Management LLC now owns 472,654 shares of the insurance provider’s stock worth $25,448,000 after buying an additional 8,096 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its position in Athene Holding by 11,230.5% during the third quarter. Asset Management One Co. Ltd. now owns 157,154 shares of the insurance provider’s stock worth $8,461,000 after buying an additional 155,767 shares during the last quarter. 48.99% of the stock is currently owned by institutional investors and hedge funds.

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Athene Holding (NYSE:ATH) traded up $0.07 during trading hours on Friday, hitting $49.30. The stock had a trading volume of 796,922 shares, compared to its average volume of 1,201,576. The company has a market capitalization of $9,860.00 and a price-to-earnings ratio of 9.11. Athene Holding has a 52 week low of $43.25 and a 52 week high of $55.22.

Athene Holding (NYSE:ATH) last issued its quarterly earnings data on Monday, November 6th. The insurance provider reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. Athene Holding had a return on equity of 13.31% and a net margin of 22.66%. The business had revenue of $863.00 million during the quarter, compared to analyst estimates of $852.85 million. equities research analysts predict that Athene Holding will post 5.17 earnings per share for the current fiscal year.

Athene Holding Company 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.

Analyst Recommendations for Athene Holding (NYSE:ATH)

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