Headlines about Athene Holding (NYSE:ATH) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Athene Holding earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.7016802533097 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Athene Holding Ltd. (NYSE:ATH) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- Athene Holding Ltd. (NYSE:ATH) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
- Athene Holding Ltd. (ATH) Rating Increased to Buy at Sandler O’Neill (americanbankingnews.com)
- AGER swoops for Aegon Ireland (insurancebusinessmag.com)
- Athene Holding completes $320mn pension risk transfer deal (trading-risk.com)
ATH has been the subject of a number of recent research reports. Deutsche Bank AG dropped their price objective on Athene Holding from $59.00 to $58.00 and set a “hold” rating for the company in a report on Wednesday, April 19th. BMO Capital Markets reaffirmed a “neutral” rating and set a $54.00 target price on shares of Athene Holding in a research report on Friday, May 12th. Bank of America Corporation reaffirmed a “buy” rating and set a $63.00 target price (up from $61.00) on shares of Athene Holding in a research report on Monday, May 15th. Zacks Investment Research raised Athene Holding from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Tuesday, May 16th. Finally, Credit Suisse Group raised Athene Holding from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $55.00 to $66.00 in a research report on Monday, June 19th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $57.50.
Shares of Athene Holding (ATH) opened at 52.60 on Friday. The stock has a market cap of $10.54 billion and a P/E ratio of 8.52. The firm’s 50-day moving average price is $50.06 and its 200 day moving average price is $50.78. Athene Holding has a 1-year low of $43.25 and a 1-year high of $55.10.
Athene Holding (NYSE:ATH) last posted its earnings results on Wednesday, August 9th. The insurance provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.37. The firm had revenue of $821 million during the quarter, compared to analyst estimates of $810.07 million. On average, equities analysts expect that Athene Holding will post $4.83 earnings per share for the current fiscal year.
In other Athene Holding news, major shareholder Apollo Management Holdings Gp, sold 7,602,830 shares of the firm’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $49.00, for a total value of $372,538,670.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 10.60% 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.
What are top analysts saying about Athene Holding Ltd.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Athene Holding Ltd. and related companies.