Public Employees Retirement Association of Colorado grew its position in Athene Holding Ltd. (NYSE:ATH) by 147.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,379 shares of the insurance provider’s stock after purchasing an additional 2,011 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Athene Holding were worth $182,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Victory Capital Management Inc. grew its holdings in Athene Holding by 2.1% in the third quarter. Victory Capital Management Inc. now owns 2,190,004 shares of the insurance provider’s stock worth $117,909,000 after purchasing an additional 44,933 shares during the last quarter. Honeywell International Inc. acquired a new stake in shares of Athene Holding during the third quarter worth $24,228,000. Pictet Asset Management Ltd. lifted its stake in shares of Athene Holding by 75.5% during the third quarter. Pictet Asset Management Ltd. now owns 37,200 shares of the insurance provider’s stock worth $2,003,000 after buying an additional 16,000 shares during the period. Korea Investment CORP lifted its stake in shares of Athene Holding by 5.9% during the third quarter. Korea Investment CORP now owns 63,200 shares of the insurance provider’s stock worth $3,403,000 after buying an additional 3,500 shares during the period. Finally, Aperio Group LLC lifted its stake in shares of Athene Holding by 52.7% during the third quarter. Aperio Group LLC now owns 6,427 shares of the insurance provider’s stock worth $346,000 after buying an additional 2,219 shares during the period. 48.91% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently commented on ATH shares. Zacks Investment Research upgraded shares of Athene Holding from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research note on Tuesday, October 10th. Wells Fargo & Company restated a “buy” rating on shares of Athene Holding in a research report on Wednesday, November 1st. Goldman Sachs Group, Inc. (The) assumed coverage on shares of Athene Holding in a research report on Wednesday, October 18th. They set a “buy” rating and a $63.00 target price for the company. Keefe, Bruyette & Woods restated a “buy” rating and set a $63.00 target price on shares of Athene Holding in a research report on Friday, November 3rd. Finally, Canaccord Genuity restated a “buy” rating on shares of Athene Holding in a research report on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $59.79.

COPYRIGHT VIOLATION NOTICE: “Public Employees Retirement Association of Colorado Has $182,000 Holdings in Athene Holding Ltd. (ATH)” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://www.thecerbatgem.com/2017/11/16/public-employees-retirement-association-of-colorado-has-182000-holdings-in-athene-holding-ltd-ath.html.

Shares of Athene Holding Ltd. (ATH) opened at $48.92 on Thursday. The company has a market cap of $9,649.73 and a PE ratio of 8.95. Athene Holding Ltd. has a one year low of $43.25 and a one year high of $55.22.

Athene Holding (NYSE:ATH) last released its earnings results on Monday, November 6th. The insurance provider reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. The business had revenue of $863.00 million during the quarter, compared to analysts’ expectations of $852.85 million. Athene Holding had a net margin of 22.66% and a return on equity of 13.31%. analysts anticipate that Athene Holding Ltd. will post 5.17 earnings per share for the current fiscal year.

About Athene Holding

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)

Receive News & Stock Ratings for Athene Holding Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athene Holding Ltd. and related stocks with our FREE daily email newsletter.