Bank of Montreal Can boosted its stake in Athene Holding Ltd (NYSE:ATH) by 4.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 98,188 shares of the insurance provider’s stock after buying an additional 3,756 shares during the quarter. Bank of Montreal Can’s holdings in Athene were worth $5,077,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Prudential Financial Inc. boosted its stake in shares of Athene by 1.7% during the 3rd quarter. Prudential Financial Inc. now owns 73,020 shares of the insurance provider’s stock valued at $3,931,000 after buying an additional 1,250 shares during the last quarter. LS Investment Advisors LLC boosted its stake in shares of Athene by 56.7% during the 3rd quarter. LS Investment Advisors LLC now owns 4,561 shares of the insurance provider’s stock valued at $246,000 after buying an additional 1,650 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in shares of Athene by 10.8% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 16,986 shares of the insurance provider’s stock valued at $915,000 after buying an additional 1,658 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Athene by 11.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,976 shares of the insurance provider’s stock valued at $1,022,000 after buying an additional 1,921 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado boosted its stake in shares of Athene by 147.0% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 3,379 shares of the insurance provider’s stock valued at $182,000 after buying an additional 2,011 shares during the last quarter. Hedge funds and other institutional investors own 48.61% of the company’s stock.

Several equities analysts have recently commented on ATH shares. Canaccord Genuity reiterated a “buy” rating on shares of Athene in a research note on Friday, November 3rd. Zacks Investment Research cut Athene from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Wells Fargo & Co set a $60.00 target price on Athene and gave the company a “buy” rating in a research note on Monday, December 4th. Keefe, Bruyette & Woods restated a “buy” rating and set a $63.00 price objective on shares of Athene in a research note on Friday, November 3rd. Finally, BMO Capital Markets restated a “hold” rating and set a $61.00 price objective on shares of Athene in a research note on Friday, December 22nd. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $63.00.

Athene Holding Ltd (NYSE ATH) opened at $50.35 on Monday. Athene Holding Ltd has a one year low of $45.15 and a one year high of $55.22. The stock has a market capitalization of $10,064.16, a price-to-earnings ratio of 7.42, a P/E/G ratio of 0.64 and a beta of -0.39.

Athene (NYSE:ATH) last announced its quarterly earnings data on Monday, November 6th. The insurance provider reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.06. Athene had a return on equity of 13.31% and a net margin of 22.66%. The firm had revenue of $863.00 million for the quarter, compared to analysts’ expectations of $852.85 million. sell-side analysts forecast that Athene Holding Ltd will post 5.22 EPS for the current fiscal year.

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Athene 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.

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Institutional Ownership by Quarter for Athene (NYSE:ATH)

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