Athene Holding Ltd (NYSE:ATH) Director Marc A. Beilinson purchased 10,000 shares of the stock in a transaction dated Monday, June 10th. The stock was acquired at an average price of $25.00 per share, for a total transaction of $250,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Athene stock opened at $43.31 on Wednesday. The firm has a market capitalization of $8.60 billion, a price-to-earnings ratio of 7.44, a price-to-earnings-growth ratio of 0.38 and a beta of 0.97. Athene Holding Ltd has a 12 month low of $37.20 and a 12 month high of $53.92. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.11 and a quick ratio of 0.11.
Athene (NYSE:ATH) last issued its quarterly earnings data on Tuesday, May 7th. The insurance provider reported $1.50 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.70 by ($0.20). Athene had a return on equity of 13.32% and a net margin of 14.36%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the firm earned $1.21 EPS. The business’s revenue was up 24.7% on a year-over-year basis. Equities research analysts forecast that Athene Holding Ltd will post 7.13 earnings per share for the current year.
Several institutional investors have recently made changes to their positions in ATH. Wellington Management Group LLP lifted its position in shares of Athene by 38.8% in the first quarter. Wellington Management Group LLP now owns 14,049,501 shares of the insurance provider’s stock worth $573,219,000 after buying an additional 3,930,759 shares in the last quarter. Vanguard Group Inc grew its stake in shares of Athene by 0.7% during the third quarter. Vanguard Group Inc now owns 12,955,764 shares of the insurance provider’s stock valued at $669,296,000 after buying an additional 84,095 shares during the last quarter. BlackRock Inc. grew its stake in Athene by 18.1% in the first quarter. BlackRock Inc. now owns 10,629,381 shares of the insurance provider’s stock worth $433,680,000 after purchasing an additional 1,632,703 shares in the last quarter. California Public Employees Retirement System grew its stake in Athene by 1.0% in the fourth quarter. California Public Employees Retirement System now owns 8,652,105 shares of the insurance provider’s stock worth $374,845,000 after purchasing an additional 89,162 shares in the last quarter. Finally, CI Investments Inc. bought a new position in Athene in the fourth quarter worth approximately $285,245,000. Institutional investors and hedge funds own 71.91% of the company’s stock.
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Athene Company Profile
Athene Holding Ltd., a retirement services company, issues, reinsures, and acquires retirement savings products in the United States and Bermuda. It offers fixed deferred, immediate, and payout annuities; and funding agreements and pension risk transfer products to institutional investors. The company's products are designed for individuals and institutions seeking to fund retirement needs.
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