Athene Holding Ltd (ATH) Position Lifted by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its position in Athene Holding Ltd (NYSE:ATH) by 7.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,549 shares of the insurance provider’s stock after buying an additional 400 shares during the period. Daiwa Securities Group Inc.’s holdings in Athene were worth $221,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Athene by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 12,955,764 shares of the insurance provider’s stock valued at $669,296,000 after purchasing an additional 84,095 shares during the last quarter. Vanguard Group Inc raised its position in shares of Athene by 0.7% during the 3rd 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 in the last quarter. Point72 Asset Management L.P. raised its position in shares of Athene by 25.4% during the 3rd quarter. Point72 Asset Management L.P. now owns 2,729,909 shares of the insurance provider’s stock valued at $141,027,000 after buying an additional 552,809 shares in the last quarter. Panagora Asset Management Inc. raised its position in shares of Athene by 49.6% during the 3rd quarter. Panagora Asset Management Inc. now owns 2,122,027 shares of the insurance provider’s stock valued at $109,624,000 after buying an additional 703,092 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Athene by 3.5% during the 3rd quarter. AQR Capital Management LLC now owns 1,958,085 shares of the insurance provider’s stock valued at $101,155,000 after buying an additional 66,907 shares in the last quarter. 69.37% of the stock is owned by institutional investors.

Athene stock opened at $44.45 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.26 and a current ratio of 0.26. Athene Holding Ltd has a 1-year low of $37.20 and a 1-year high of $53.92. The stock has a market capitalization of $8.91 billion, a P/E ratio of 7.05, a PEG ratio of 0.43 and a beta of 0.85.

Several analysts have recently issued reports on ATH shares. Zacks Investment Research cut shares of Athene from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 1st. Wells Fargo & Co set a $67.00 target price on shares of Athene and gave the company a “buy” rating in a research report on Wednesday, October 31st. TD Securities restated a “buy” rating on shares of Athene in a research report on Monday, January 7th. BMO Capital Markets restated a “hold” rating on shares of Athene in a research report on Monday, January 7th. Finally, SunTrust Banks restated a “buy” rating and set a $59.00 target price on shares of Athene in a research report on Monday, November 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $59.09.

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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, the District of Columbia, and Germany. It offers fixed deferred, immediate, and payout annuities; and funding agreements and pension risk transfer products to institutional investors.

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Institutional Ownership by Quarter for Athene (NYSE:ATH)

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