RBF Capital LLC Has $335,000 Position in Axis Capital Holdings Limited (NYSE:AXS)

RBF Capital LLC maintained its stake in shares of Axis Capital Holdings Limited (NYSE:AXS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,000 shares of the insurance provider’s stock at the end of the first quarter. RBF Capital LLC’s holdings in Axis Capital Holdings Limited were worth $335,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of AXS. Regentatlantic Capital LLC boosted its position in shares of Axis Capital Holdings Limited by 0.7% in the first quarter. Regentatlantic Capital LLC now owns 12,723 shares of the insurance provider’s stock valued at $853,000 after buying an additional 90 shares during the period. Raymond James Trust N.A. boosted its position in shares of Axis Capital Holdings Limited by 2.1% in the first quarter. Raymond James Trust N.A. now owns 5,229 shares of the insurance provider’s stock valued at $351,000 after buying an additional 110 shares during the period. Capstone Asset Management Co. boosted its stake in Axis Capital Holdings Limited by 2.9% in the first quarter. Capstone Asset Management Co. now owns 4,688 shares of the insurance provider’s stock worth $314,000 after buying an additional 130 shares during the last quarter. AMG Funds LLC boosted its stake in Axis Capital Holdings Limited by 0.7% in the first quarter. AMG Funds LLC now owns 21,111 shares of the insurance provider’s stock worth $1,415,000 after buying an additional 145 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Axis Capital Holdings Limited by 5.0% in the first quarter. Assetmark Inc. now owns 3,347 shares of the insurance provider’s stock worth $224,000 after buying an additional 158 shares during the last quarter. Institutional investors and hedge funds own 88.27% of the company’s stock.

Shares of Axis Capital Holdings Limited (NYSE AXS) opened at 63.74 on Tuesday. The company has a 50-day moving average price of $64.49 and a 200-day moving average price of $66.02. Axis Capital Holdings Limited has a 12 month low of $52.67 and a 12 month high of $71.06. The stock has a market cap of $5.39 billion, a price-to-earnings ratio of 13.23 and a beta of 0.60.

Axis Capital Holdings Limited (NYSE:AXS) last issued its quarterly earnings data on Wednesday, April 26th. The insurance provider reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by $0.22. Axis Capital Holdings Limited had a return on equity of 7.86% and a net margin of 11.74%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same period last year, the company earned $1.07 earnings per share. The business’s quarterly revenue was down 10.5% compared to the same quarter last year. On average, analysts expect that Axis Capital Holdings Limited will post $3.93 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend was Wednesday, June 28th. Axis Capital Holdings Limited’s dividend payout ratio (DPR) is 31.73%.

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A number of brokerages have issued reports on AXS. Citigroup Inc. raised their price target on Axis Capital Holdings Limited from $60.00 to $61.00 and gave the stock a “sell” rating in a research report on Friday, April 7th. ValuEngine upgraded Axis Capital Holdings Limited from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Keefe, Bruyette & Woods restated a “hold” rating and issued a $64.00 price target on shares of Axis Capital Holdings Limited in a research report on Friday, June 2nd. Zacks Investment Research downgraded Axis Capital Holdings Limited from a “hold” rating to a “strong sell” rating in a research report on Monday, May 8th. Finally, BidaskClub downgraded Axis Capital Holdings Limited from a “sell” rating to a “strong sell” rating in a research report on Saturday, June 24th. Six equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $66.78.

Axis Capital Holdings Limited Company Profile

AXIS Capital Holdings Limited is a holding company. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe and Singapore. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re.

Institutional Ownership by Quarter for Axis Capital Holdings Limited (NYSE:AXS)

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