Equities analysts predict that Athene Holding Ltd. (NYSE:ATH) will post sales of $852.85 million for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Athene Holding’s earnings, with the lowest sales estimate coming in at $823.00 million and the highest estimate coming in at $878.54 million. The company is scheduled to report its next quarterly earnings results after the market closes on Monday, November 6th.

According to Zacks, analysts expect that Athene Holding will report full-year sales of $852.85 million for the current financial year, with estimates ranging from $3.28 billion to $3.47 billion. For the next financial year, analysts expect that the business will post sales of $3.85 billion per share, with estimates ranging from $3.68 billion to $4.17 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover Athene Holding.

Athene Holding (NYSE:ATH) last posted its earnings results on Wednesday, August 9th. The insurance provider reported $1.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.37. The business had revenue of $821.00 million for the quarter, compared to the consensus estimate of $810.07 million.

ATH has been the topic of a number of recent analyst reports. BMO Capital Markets reissued a “hold” rating and set a $62.00 price target on shares of Athene Holding in a research report on Friday, August 11th. Canaccord Genuity reissued a “buy” rating on shares of Athene Holding in a research report on Friday. Wells Fargo & Company raised Athene Holding to a “buy” rating in a research report on Wednesday, August 9th. Zacks Investment Research downgraded Athene Holding from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on Athene Holding in a research report on Wednesday, October 18th. They set a “buy” rating and a $63.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $58.86.

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Athene Holding (NYSE:ATH) opened at $47.57 on Friday.

Several institutional investors have recently bought and sold shares of the company. Tealwood Asset Management Inc. grew its position in shares of Athene Holding by 4.2% in the second quarter. Tealwood Asset Management Inc. now owns 27,945 shares of the insurance provider’s stock valued at $1,386,000 after purchasing an additional 1,130 shares during the last quarter. Prudential Financial Inc. increased its holdings in Athene Holding by 1.7% in the third quarter. Prudential Financial Inc. now owns 73,020 shares of the insurance provider’s stock valued at $3,931,000 after purchasing an additional 1,250 shares during the period. LS Investment Advisors LLC increased its holdings in Athene Holding by 56.7% in the third quarter. LS Investment Advisors LLC now owns 4,561 shares of the insurance provider’s stock valued at $246,000 after purchasing an additional 1,650 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in Athene Holding by 10.8% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 16,986 shares of the insurance provider’s stock valued at $915,000 after purchasing an additional 1,658 shares during the period. Finally, Public Employees Retirement Association of Colorado increased its holdings in Athene Holding by 147.0% in the third quarter. Public Employees Retirement Association of Colorado now owns 3,379 shares of the insurance provider’s stock valued at $182,000 after purchasing an additional 2,011 shares during the period. 47.49% of the stock is currently owned by institutional investors.

About Athene Holding

Athene Holding Ltd. is an insurance holding company. The Company’s segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue and reinsure retirement savings products and institutional products. Retirement Services has retail operations, which provide annuity retirement solutions to its policyholders.

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Earnings History and Estimates for Athene Holding (NYSE:ATH)

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