Wells Fargo & Company reaffirmed their buy rating on shares of Athene Holding Ltd. (NYSE:ATH) in a research report released on Wednesday morning.

A number of other research analysts also recently weighed in on ATH. BMO Capital Markets reiterated a hold rating and issued a $62.00 price objective on shares of Athene Holding in a research report on Friday, August 11th. Sandler O’Neill upgraded shares of Athene Holding from a hold rating to a buy rating in a research report on Friday, August 11th. Royal Bank Of Canada upped their price objective on shares of 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 price objective on shares of Athene Holding and gave the stock a buy rating in a research report on Friday, August 11th. Finally, Zacks Investment Research downgraded shares of Athene Holding from a buy rating to a hold rating in a research report on Friday, August 11th. Five investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of $58.86.

Athene Holding (NYSE:ATH) opened at $47.57 on Wednesday.

Athene Holding (NYSE:ATH) last issued its quarterly earnings data on Wednesday, August 9th. The insurance provider reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.37. The firm had revenue of $821.00 million during the quarter, compared to analyst estimates of $810.07 million. sell-side analysts anticipate that Athene Holding will post 5.07 EPS for the current year.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nordea Investment Management AB acquired a new position in shares of Athene Holding during the 2nd quarter worth about $120,000. LS Investment Advisors LLC acquired a new position in shares of Athene Holding during the 2nd quarter worth about $144,000. Daiwa Securities Group Inc. acquired a new position in shares of Athene Holding during the 2nd quarter worth about $149,000. Public Employees Retirement Association of Colorado raised its position in shares of 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 purchasing an additional 2,011 shares during the last quarter. Finally, North Star Investment Management Corp. acquired a new position in shares of Athene Holding during the 2nd quarter worth about $188,000. Hedge funds and other institutional investors own 47.49% of the company’s stock.

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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