Athene Holding Ltd (NYSE:ATH) insider Frank Lauren Gillis sold 19,500 shares of Athene stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $42.64, for a total transaction of $831,480.00. Following the completion of the transaction, the insider now owns 177,817 shares in the company, valued at approximately $7,582,116.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Frank Lauren Gillis also recently made the following trade(s):
- On Thursday, May 9th, Frank Lauren Gillis sold 19,500 shares of Athene stock. The stock was sold at an average price of $44.98, for a total transaction of $877,110.00.
Athene stock opened at $43.10 on Friday. The business has a 50 day moving average price of $42.88. Athene Holding Ltd has a 52 week low of $37.20 and a 52 week high of $53.92. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.10. The firm has a market cap of $8.45 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 0.38 and a beta of 0.98.
Athene (NYSE:ATH) last posted its quarterly earnings data on Tuesday, May 7th. The insurance provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.25 billion. During the same period in the prior year, the business posted $1.21 EPS. The company’s revenue for the quarter was up 24.7% on a year-over-year basis. Equities analysts expect that Athene Holding Ltd will post 7.07 earnings per share for the current year.
Institutional investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC acquired a new position in Athene in the 1st quarter worth approximately $27,000. Truvestments Capital LLC acquired a new position in Athene in the 1st quarter worth approximately $51,000. Bremer Bank National Association acquired a new position in Athene in the 1st quarter worth approximately $64,000. Advisors Asset Management Inc. boosted its stake in Athene by 70.9% in the 1st quarter. Advisors Asset Management Inc. now owns 2,362 shares of the insurance provider’s stock worth $96,000 after purchasing an additional 980 shares during the period. Finally, NumerixS Investment Technologies Inc boosted its stake in Athene by 14.3% in the 1st quarter. NumerixS Investment Technologies Inc now owns 2,400 shares of the insurance provider’s stock worth $98,000 after purchasing an additional 300 shares during the period. 71.88% of the stock is owned by hedge funds and other institutional investors.
Several research firms have issued reports on ATH. Morgan Stanley lifted their price target on shares of Williams-Sonoma from $52.00 to $56.00 and gave the stock an “underweight” rating in a research report on Wednesday. Zacks Investment Research upgraded shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. Credit Suisse Group decreased their price target on shares of Athene from $67.00 to $57.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 21st. Finally, Wells Fargo & Co lowered shares of Mylan from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $33.00 to $22.00 in a research report on Tuesday, May 7th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $55.80.
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.
See Also: Institutional Investors
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