Athene Holding Ltd (ATH) Director Manfred Puffer Sells 10,000 Shares
Athene Holding Ltd (NYSE:ATH) Director Manfred Puffer sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $52.92, for a total transaction of $529,200.00. Following the completion of the transaction, the director now owns 55,728 shares of the company’s stock, valued at approximately $2,949,125.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Shares of Athene Holding Ltd (NYSE ATH) opened at $51.49 on Wednesday. Athene Holding Ltd has a 1 year low of $45.15 and a 1 year high of $55.22. The company has a market cap of $10,468.66, a price-to-earnings ratio of 7.01, a P/E/G ratio of 0.67 and a beta of 0.37.
Athene (NYSE:ATH) last released its quarterly earnings data on Wednesday, February 21st. The insurance provider reported $1.69 EPS for the quarter, beating the Zacks’ consensus estimate of $1.23 by $0.46. Athene had a net margin of 16.47% and a return on equity of 12.97%. The business had revenue of $861.00 million during the quarter, compared to analysts’ expectations of $884.38 million. During the same quarter in the prior year, the company earned $1.80 EPS. equities analysts forecast that Athene Holding Ltd will post 5.22 earnings per share for the current year.
Several analysts have commented on ATH shares. Evercore ISI reiterated a “buy” rating and set a $68.00 target price on shares of Athene in a research report on Thursday, December 21st. Wells Fargo & Co reiterated a “buy” rating and set a $63.00 target price on shares of Athene in a research report on Friday, December 22nd. Canaccord Genuity reiterated a “buy” rating on shares of Athene in a research report on Thursday, December 7th. Zacks Investment Research cut shares of Athene from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, BMO Capital Markets reiterated a “hold” rating and set a $61.00 target price on shares of Athene in a research report on Friday, December 22nd. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $61.92.
Athene 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.
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