New York State Common Retirement Fund Increases Stake in Athene Holding Ltd. (ATH)

New York State Common Retirement Fund grew its position in Athene Holding Ltd. (NYSE:ATH) by 6.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 102,300 shares of the insurance provider’s stock after purchasing an additional 6,200 shares during the period. New York State Common Retirement Fund owned approximately 0.05% of Athene worth $5,508,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Athene by 26.2% in the second quarter. Vanguard Group Inc. now owns 7,938,480 shares of the insurance provider’s stock valued at $393,827,000 after purchasing an additional 1,648,981 shares during the period. CI Global Investments Inc. lifted its position in shares of Athene by 7.3% in the second quarter. CI Global Investments Inc. now owns 6,786,199 shares of the insurance provider’s stock valued at $336,663,000 after acquiring an additional 460,826 shares in the last quarter. Neuberger Berman Group LLC lifted its position in shares of Athene by 46.7% in the second quarter. Neuberger Berman Group LLC now owns 6,067,906 shares of the insurance provider’s stock valued at $301,029,000 after acquiring an additional 1,932,900 shares in the last quarter. BlackRock Inc. lifted its position in shares of Athene by 164.7% in the second quarter. BlackRock Inc. now owns 5,112,966 shares of the insurance provider’s stock valued at $253,652,000 after acquiring an additional 3,181,535 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in shares of Athene by 48.4% in the second quarter. TIAA CREF Investment Management LLC now owns 2,686,185 shares of the insurance provider’s stock valued at $133,262,000 after acquiring an additional 876,113 shares in the last quarter. 48.38% of the stock is currently owned by institutional investors and hedge funds.

Athene Holding Ltd. (NYSE:ATH) opened at $51.82 on Monday. Athene Holding Ltd. has a 1 year low of $45.15 and a 1 year high of $55.22. The company has a market capitalization of $10,360.00 and a P/E ratio of 7.25.

Athene (NYSE:ATH) last posted its earnings results on Monday, November 6th. The insurance provider reported $1.18 EPS for the quarter, beating the Zacks’ 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 company had revenue of $863.00 million for the quarter, compared to the consensus estimate of $852.85 million. analysts expect that Athene Holding Ltd. will post 5.17 earnings per share for the current fiscal year.

Several equities analysts have recently weighed in on the company. Evercore ISI restated a “buy” rating and issued a $68.00 target price on shares of Athene in a research report on Thursday. Wells Fargo & Co restated a “buy” rating on shares of Athene in a research report on Friday. Zacks Investment Research upgraded Athene from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a research report on Tuesday, October 10th. UBS Group lifted their price objective on Athene from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, November 6th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $63.00 price objective on shares of Athene in a research report on Friday, November 3rd. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $60.67.

ILLEGAL ACTIVITY NOTICE: “New York State Common Retirement Fund Increases Stake in Athene Holding Ltd. (ATH)” was reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://www.com-unik.info/2017/12/25/new-york-state-common-retirement-fund-increases-stake-in-athene-holding-ltd-ath.html.

About Athene

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.

Want to see what other hedge funds are holding ATH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Athene Holding Ltd. (NYSE:ATH).

Institutional Ownership by Quarter for Athene (NYSE:ATH)

Receive News & Ratings for Athene Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athene and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit