Swiss National Bank boosted its stake in Axis Capital Holdings Limited (NYSE:AXS) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 759,346 shares of the insurance provider’s stock after purchasing an additional 2,000 shares during the quarter. Swiss National Bank owned about 913,114.48% of Axis Capital Holdings Limited worth $43,518,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Janus Henderson Group PLC lifted its stake in shares of Axis Capital Holdings Limited by 5,369.7% in the second quarter. Janus Henderson Group PLC now owns 695,588 shares of the insurance provider’s stock valued at $44,976,000 after buying an additional 682,871 shares in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Axis Capital Holdings Limited by 190.4% in the second quarter. Renaissance Technologies LLC now owns 480,100 shares of the insurance provider’s stock valued at $31,043,000 after buying an additional 314,800 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Axis Capital Holdings Limited by 354.0% in the second quarter. Sei Investments Co. now owns 364,831 shares of the insurance provider’s stock valued at $23,590,000 after buying an additional 284,474 shares in the last quarter. PGGM Investments lifted its stake in shares of Axis Capital Holdings Limited by 171.9% in the third quarter. PGGM Investments now owns 333,839 shares of the insurance provider’s stock valued at $19,132,000 after buying an additional 211,079 shares in the last quarter. Finally, Citadel Advisors LLC lifted its stake in shares of Axis Capital Holdings Limited by 1,061.3% in the second quarter. Citadel Advisors LLC now owns 220,595 shares of the insurance provider’s stock valued at $14,264,000 after buying an additional 201,600 shares in the last quarter. Institutional investors and hedge funds own 86.66% of the company’s stock.

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AXS has been the topic of a number of recent research reports. Bank of America Corporation dropped their price objective on shares of Axis Capital Holdings Limited from $73.00 to $67.00 and set a “buy” rating on the stock in a research note on Friday, October 13th. TheStreet lowered shares of Axis Capital Holdings Limited from a “b-” rating to a “c” rating in a research note on Wednesday, October 25th. Zacks Investment Research raised shares of Axis Capital Holdings Limited from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. ValuEngine lowered shares of Axis Capital Holdings Limited from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $67.00 price objective on shares of Axis Capital Holdings Limited in a research note on Friday, August 18th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $61.45.

Axis Capital Holdings Limited (AXS) opened at $52.55 on Wednesday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.21. Axis Capital Holdings Limited has a 12-month low of $52.15 and a 12-month high of $71.06.

Axis Capital Holdings Limited (NYSE:AXS) last released its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($5.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($5.34) by ($0.01). Axis Capital Holdings Limited had a negative net margin of 4.55% and a negative return on equity of 2.59%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $972.10 million. During the same period in the previous year, the business earned $1.78 earnings per share. research analysts expect that Axis Capital Holdings Limited will post -2.1 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Monday, October 9th were given a dividend of $0.38 per share. This is a positive change from Axis Capital Holdings Limited’s previous quarterly dividend of $0.29. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend was Thursday, October 5th. Axis Capital Holdings Limited’s dividend payout ratio (DPR) is presently -49.67%.

Axis Capital Holdings Limited Company Profile

AXIS Capital Holdings Limited is a holding company. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe and Singapore. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re.

Institutional Ownership by Quarter for Axis Capital Holdings Limited (NYSE:AXS)

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