Robeco Institutional Asset Management B.V. boosted its position in shares of Axis Capital Holdings Limited (NYSE:AXS) by 1.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,678,214 shares of the insurance provider’s stock after buying an additional 27,465 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 2.02% of Axis Capital Holdings Limited worth $108,514,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AXS. Vanguard Group Inc. raised its stake in shares of Axis Capital Holdings Limited by 3.0% in the first quarter. Vanguard Group Inc. now owns 8,151,654 shares of the insurance provider’s stock worth $546,405,000 after buying an additional 234,043 shares in the last quarter. BlackRock Inc. raised its stake in shares of Axis Capital Holdings Limited by 3,740.9% in the first quarter. BlackRock Inc. now owns 6,741,122 shares of the insurance provider’s stock worth $451,855,000 after buying an additional 6,565,613 shares in the last quarter. State Street Corp raised its stake in shares of Axis Capital Holdings Limited by 2.6% in the first quarter. State Street Corp now owns 3,093,192 shares of the insurance provider’s stock worth $207,334,000 after buying an additional 79,832 shares in the last quarter. LSV Asset Management raised its stake in shares of Axis Capital Holdings Limited by 0.6% in the first quarter. LSV Asset Management now owns 1,892,912 shares of the insurance provider’s stock worth $126,881,000 after buying an additional 12,100 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Axis Capital Holdings Limited by 27.4% in the first quarter. Wells Fargo & Company MN now owns 1,091,883 shares of the insurance provider’s stock worth $73,189,000 after buying an additional 234,985 shares in the last quarter. 89.74% of the stock is owned by hedge funds and other institutional investors.

Shares of Axis Capital Holdings Limited (NYSE AXS) traded up 0.87% on Friday, reaching $62.74. 426,287 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $64.11 and its 200-day moving average price is $65.74. Axis Capital Holdings Limited has a 52 week low of $53.66 and a 52 week high of $71.06. The stock has a market capitalization of $5.22 billion, a price-to-earnings ratio of 13.84 and a beta of 0.60.

Axis Capital Holdings Limited (NYSE:AXS) last posted its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $1.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.12. Axis Capital Holdings Limited had a return on equity of 9.17% and a net margin of 10.81%. The company had revenue of $956.02 million during the quarter, compared to the consensus estimate of $989.95 million. During the same period last year, the business earned $0.51 EPS. The business’s quarterly revenue was down 5.1% on a year-over-year basis. Equities analysts predict that Axis Capital Holdings Limited will post $4.01 EPS for the current year.

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AXS has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Axis Capital Holdings Limited from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $64.00 price objective on shares of Axis Capital Holdings Limited in a report on Friday, June 2nd. Wells Fargo & Company reissued a “sell” rating on shares of Axis Capital Holdings Limited in a report on Thursday, July 6th. Morgan Stanley reissued an “equal weight” rating and issued a $70.00 price objective (up previously from $68.00) on shares of Axis Capital Holdings Limited in a report on Thursday, July 6th. Finally, Citigroup Inc. upped their price objective on shares of Axis Capital Holdings Limited from $60.00 to $61.00 and gave the company a “sell” rating in a report on Thursday, July 13th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $67.11.

About Axis Capital Holdings Limited

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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