Teachers Advisors LLC purchased a new position in shares of Athene Holding Ltd. (NYSE:ATH) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 22,268 shares of the insurance provider’s stock, valued at approximately $1,113,000.

A number of other large investors have also added to or reduced their stakes in ATH. State of Wisconsin Investment Board acquired a new stake in Athene Holding during the first quarter worth approximately $271,000. Parametric Portfolio Associates LLC acquired a new stake in Athene Holding during the first quarter worth approximately $1,034,000. CI Global Investments Inc. boosted its stake in Athene Holding by 40.3% in the first quarter. CI Global Investments Inc. now owns 6,325,373 shares of the insurance provider’s stock worth $316,205,000 after buying an additional 1,816,836 shares during the period. Three Peaks Capital Management LLC acquired a new stake in Athene Holding during the first quarter worth approximately $9,516,000. Finally, FSI Group LLC boosted its stake in Athene Holding by 76.9% in the first quarter. FSI Group LLC now owns 138,000 shares of the insurance provider’s stock worth $6,899,000 after buying an additional 60,000 shares during the period. Institutional investors own 47.52% of the company’s stock.

Shares of Athene Holding Ltd. (NYSE ATH) traded down 0.06% during mid-day trading on Thursday, reaching $52.97. The company’s stock had a trading volume of 389,882 shares. Athene Holding Ltd. has a 1-year low of $43.25 and a 1-year high of $55.10. The company has a market capitalization of $10.60 billion and a price-to-earnings ratio of 8.57. The company’s 50 day moving average price is $50.85 and its 200-day moving average price is $51.15.

Athene Holding (NYSE:ATH) last announced its earnings results on Wednesday, August 9th. The insurance provider reported $1.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.37. The firm had revenue of $821 million for the quarter, compared to the consensus estimate of $810.07 million. Analysts predict that Athene Holding Ltd. will post $5.11 earnings per share for the current fiscal year.

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A number of equities research analysts have commented on the company. BMO Capital Markets reiterated a “neutral” rating and issued a $54.00 price target on shares of Athene Holding in a research note on Friday, May 12th. Bank of America Corporation restated a “buy” rating and issued a $63.00 price objective (up from $61.00) on shares of Athene Holding in a research note on Monday, May 15th. Deutsche Bank AG restated a “hold” rating and issued a $59.00 price objective (up from $58.00) on shares of Athene Holding in a research note on Monday, May 15th. Zacks Investment Research upgraded Athene Holding from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, May 16th. Finally, Keefe, Bruyette & Woods set a $59.00 price objective on Athene Holding and gave the stock a “buy” rating in a research note on Friday, August 11th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $57.50.

In related news, major shareholder Apollo Management Holdings Gp, sold 7,602,830 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $49.00, for a total transaction of $372,538,670.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 10.60% of the stock is owned by insiders.

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.

Institutional Ownership by Quarter for Athene Holding (NYSE:ATH)

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