Athene Holding Ltd. (NYSE:ATH) CFO Martin P. Klein sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 23rd. The stock was sold at an average price of $69.00, for a total transaction of $103,500.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.
NYSE:ATH opened at $69.79 on Friday. The stock has a fifty day simple moving average of $66.25 and a 200 day simple moving average of $61.65. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $13.38 billion, a price-to-earnings ratio of 3.75 and a beta of 1.68. Athene Holding Ltd. has a 1-year low of $30.05 and a 1-year high of $71.37.
Athene (NYSE:ATH) last released its earnings results on Wednesday, August 4th. The insurance provider reported $5.04 earnings per share for the quarter, topping the consensus estimate of $3.40 by $1.64. Athene had a net margin of 16.61% and a return on equity of 14.06%. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.55 billion. Equities analysts predict that Athene Holding Ltd. will post 12.93 earnings per share for the current year.
Several equities analysts have weighed in on the company. Piper Sandler raised their price target on Athene from $66.10 to $72.72 and gave the stock a “neutral” rating in a research report on Thursday, July 8th. They noted that the move was a valuation call. Truist Securities cut shares of Athene from a “buy” rating to a “hold” rating in a research report on Tuesday, August 10th. Morgan Stanley cut their price target on shares of Athene from $74.00 to $69.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 1st. raised their price objective on Athene from $66.00 to $67.00 and gave the stock a “neutral” rating in a research note on Monday, June 21st. Finally, Wells Fargo & Company raised their target price on shares of Athene from $66.00 to $70.00 and gave the stock an “equal weight” rating in a report on Friday, July 9th. Thirteen research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Athene has a consensus rating of “Hold” and a consensus price target of $65.62.
Athene Company Profile
Athene Holding Ltd. is engages in the provision of retirement services. The firm issues, reinsures and acquires retirement savings products and institutional products. It operates through following segments: Retirement Services, and Corporate and Other. The Retirement Services segment is comprised of US and Bermuda operations, which issue and reinsure retirement savings products and institutional products.
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