Athene Holding Ltd. (NYSE:ATH) has earned a consensus rating of “Buy” from the nineteen analysts that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $59.77.

A number of research firms recently commented on ATH. Scotiabank reaffirmed a “hold” rating on shares of Athene in a report on Monday, December 4th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Athene in a report on Monday, September 25th. Goldman Sachs Group began coverage on Athene in a report on Wednesday, October 18th. They set a “buy” rating and a $63.00 target price for the company. Zacks Investment Research raised Athene from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a report on Tuesday, October 10th. Finally, Wells Fargo & Company set a $60.00 target price on Athene and gave the stock a “buy” rating in a report on Monday, December 4th.

Shares of Athene (NYSE:ATH) opened at $51.14 on Thursday. Athene has a twelve month low of $44.80 and a twelve month high of $55.22. The company has a market capitalization of $10,341.57 and a PE ratio of 9.60.

Athene (NYSE:ATH) last released its earnings results on Monday, November 6th. The insurance provider reported $1.18 EPS for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.06. Athene had a return on equity of 13.31% and a net margin of 22.66%. The firm had revenue of $863.00 million during the quarter, compared to the consensus estimate of $852.85 million. research analysts predict that Athene will post 5.17 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in the business. Prudential Financial Inc. lifted its holdings in Athene 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 acquiring an additional 1,250 shares during the period. LS Investment Advisors LLC increased its position in shares of Athene 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 buying an additional 1,650 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Athene 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 buying an additional 1,658 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Athene by 11.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,976 shares of the insurance provider’s stock valued at $1,022,000 after buying an additional 1,921 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado increased its position in shares of Athene 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 buying an additional 2,011 shares in the last quarter. 48.41% of the stock is owned by institutional investors.

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Athene Company Profile

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.

Analyst Recommendations for Athene (NYSE:ATH)

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