Athene Holding Ltd. (ATH) Shares Bought by Global X MANAGEMENT CO LLC
Global X MANAGEMENT CO LLC lifted its holdings in shares of Athene Holding Ltd. (NYSE:ATH) by 3,991.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,879 shares of the insurance provider’s stock after acquiring an additional 17,442 shares during the period. Global X MANAGEMENT CO LLC’s holdings in Athene Holding were worth $963,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Nordea Investment Management AB purchased a new position in Athene Holding during the 2nd quarter worth approximately $120,000. LS Investment Advisors LLC purchased a new position in Athene Holding during the 2nd quarter worth approximately $144,000. Daiwa Securities Group Inc. purchased a new position in Athene Holding during the 2nd quarter worth approximately $149,000. Public Employees Retirement Association of Colorado grew its stake in Athene Holding by 147.0% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 3,379 shares of the insurance provider’s stock worth $182,000 after buying an additional 2,011 shares during the last quarter. Finally, North Star Investment Management Corp. purchased a new position in Athene Holding during the 2nd quarter worth approximately $188,000. 48.91% of the stock is currently owned by institutional investors and hedge funds.
Shares of Athene Holding Ltd. (ATH) opened at $48.92 on Thursday. The company has a market capitalization of $9,649.73 and a P/E ratio of 8.95. Athene Holding Ltd. has a 1-year low of $43.25 and a 1-year high of $55.22.
Athene Holding (NYSE:ATH) last posted its quarterly earnings results on Monday, November 6th. The insurance provider reported $1.18 EPS for the quarter, beating the consensus estimate of $1.12 by $0.06. The business had revenue of $863.00 million during the quarter, compared to analysts’ expectations of $852.85 million. Athene Holding had a return on equity of 13.31% and a net margin of 22.66%. research analysts anticipate that Athene Holding Ltd. will post 5.17 EPS for the current year.
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A number of research analysts recently issued reports on the company. Keefe, Bruyette & Woods set a $59.00 price target on Athene Holding and gave the stock a “buy” rating in a research note on Friday, August 11th. Royal Bank Of Canada restated a “buy” rating on shares of Athene Holding in a research note on Monday, September 25th. Wells Fargo & Company upgraded Athene Holding to a “buy” rating in a research note on Wednesday, August 9th. Sandler O’Neill upgraded Athene Holding from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Finally, BMO Capital Markets restated a “hold” rating and set a $62.00 price target on shares of Athene Holding in a research note on Friday, August 11th. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Athene Holding presently has a consensus rating of “Buy” and a consensus price target of $59.79.
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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