Athene Holding Ltd. (NYSE:ATH) – Equities researchers at SunTrust Banks upped their Q4 2018 earnings per share (EPS) estimates for shares of Athene Holding in a research note issued to investors on Tuesday. SunTrust Banks analyst M. Hughes now forecasts that the insurance provider will post earnings of $1.38 per share for the quarter, up from their previous forecast of $1.37.

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, beating the consensus estimate of $1.12 by $0.06. The firm had revenue of $863.00 million for the quarter, compared to analyst estimates of $852.85 million. Athene Holding had a net margin of 22.66% and a return on equity of 13.31%.

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Several other brokerages have also issued reports on ATH. BMO Capital Markets restated a “hold” rating and issued a $62.00 price objective on shares of Athene Holding in a report on Friday, August 11th. Canaccord Genuity restated a “buy” rating on shares of Athene Holding in a report on Friday, November 3rd. Wells Fargo & Company upgraded shares of Athene Holding to a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research lowered shares of Athene Holding from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, Goldman Sachs Group, Inc. (The) started coverage on shares of Athene Holding in a report on Wednesday, October 18th. They issued a “buy” rating and a $63.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $59.79.

Shares of Athene Holding (NYSE:ATH) traded down $0.55 on Friday, reaching $48.22. 1,238,312 shares of the company traded hands, compared to its average volume of 1,206,601. The stock has a market cap of $9,600.00 and a price-to-earnings ratio of 9.09. Athene Holding has a 12-month low of $43.25 and a 12-month high of $55.22.

A number of large investors have recently modified their holdings of the business. Tealwood Asset Management Inc. increased its stake in Athene Holding by 4.2% during the second quarter. Tealwood Asset Management Inc. now owns 27,945 shares of the insurance provider’s stock worth $1,386,000 after purchasing an additional 1,130 shares during the period. Prudential Financial Inc. increased its stake in Athene Holding by 1.7% during the third quarter. Prudential Financial Inc. now owns 73,020 shares of the insurance provider’s stock worth $3,931,000 after purchasing an additional 1,250 shares during the period. LS Investment Advisors LLC increased its stake in Athene Holding by 56.7% during the third quarter. LS Investment Advisors LLC now owns 4,561 shares of the insurance provider’s stock worth $246,000 after purchasing an additional 1,650 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Athene Holding by 10.8% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 16,986 shares of the insurance provider’s stock worth $915,000 after purchasing an additional 1,658 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Athene Holding by 11.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,976 shares of the insurance provider’s stock worth $1,022,000 after purchasing an additional 1,921 shares during the period. Institutional investors own 47.76% of the company’s stock.

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.

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

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