CNA Financial Corp maintained its position in shares of Athene Holding Ltd (NYSE:ATH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,000 shares of the insurance provider’s stock at the end of the second quarter. CNA Financial Corp’s holdings in Athene Holding were worth $2,481,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. CI Global Investments Inc. raised its stake in Athene Holding by 7.3% during the second quarter. CI Global Investments Inc. now owns 6,786,199 shares of the insurance provider’s stock worth $336,663,000 after acquiring an additional 460,826 shares in the last quarter. Vanguard Group Inc. raised its stake in Athene Holding by 347.1% during the first quarter. Vanguard Group Inc. now owns 6,289,499 shares of the insurance provider’s stock worth $314,412,000 after acquiring an additional 4,882,626 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Athene Holding by 46.7% during the second quarter. Neuberger Berman Group LLC now owns 6,067,906 shares of the insurance provider’s stock worth $301,029,000 after acquiring an additional 1,932,900 shares in the last quarter. Wellington Management Group LLP raised its stake in Athene Holding by 4,704.2% during the first quarter. Wellington Management Group LLP now owns 2,922,894 shares of the insurance provider’s stock worth $146,115,000 after acquiring an additional 2,862,054 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Athene Holding by 38.5% during the second quarter. Bank of New York Mellon Corp now owns 2,699,724 shares of the insurance provider’s stock worth $133,933,000 after acquiring an additional 750,050 shares in the last quarter. Hedge funds and other institutional investors own 47.52% of the company’s stock.

Several research analysts have issued reports on the company. 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. Credit Suisse Group upgraded Athene Holding from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $55.00 to $66.00 in a research note on Monday, June 19th. 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. Royal Bank Of Canada increased their price objective on Athene Holding from $59.00 to $66.00 and gave the stock an “outperform” rating in a research note on Friday, August 11th. Finally, Bank of America Corporation restated a “buy” rating and issued a $63.00 target price (up from $61.00) on shares of Athene Holding in a research note on Monday, May 15th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $57.50.

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Shares of Athene Holding Ltd (NYSE ATH) traded up 1.73% during mid-day trading on Monday, hitting $52.30. The stock had a trading volume of 317,934 shares. The company has a market capitalization of $10.46 billion and a P/E ratio of 8.46. The stock’s 50-day moving average price is $51.69 and its 200 day moving average price is $51.25. Athene Holding Ltd has a 1-year low of $43.25 and a 1-year high of $55.10.

Athene Holding (NYSE:ATH) last posted its quarterly earnings results on Wednesday, August 9th. The insurance provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.37. Athene Holding had a return on equity of 16.47% and a net margin of 19.00%. The company had revenue of $821 million during the quarter, compared to analysts’ expectations of $810.07 million. On average, analysts predict that Athene Holding Ltd will post $5.11 EPS for the current fiscal year.

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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