Athene Holding Ltd. (NYSE: ATH) Director H Carl Mccall sells 97,971 shares

The director of Athene Holding Ltd. (NYSE: ATH) H Carl Mccall sold 97,971 shares of the company in a trade that took place on Friday, June 11. The shares were sold for an average price of $ 300.53, for a total value of $ 29,443,224.63.

H Carl Mccall also recently completed the following transactions:

  • On Monday, May 10, H Carl Mccall sold 4,800 Athene shares. The stock was sold for an average price of $ 62.86, for a total value of $ 301,728.00.

Athena Action traded at $ 2.72 during the midday Friday session, reaching $ 62.44. The company’s shares had a trading volume of 1,138,174 shares, compared to its average volume of 1,114,285. Athene Holding Ltd. has a 12-month low of $ 30.05 and a 12-month high of $ 70.37. The company has a debt ratio of 0.11, a current ratio of 0.09, and a rapid ratio of 0.09. The company has a market cap of $ 11.97 billion, a P / E ratio of 3.95 and a beta of 1.68. The company’s 50-day simple moving average is $ 64.08.

Athene (NYSE: ATH) last reported its quarterly results on Friday, May 7. The insurance provider reported earnings per share (EPS) of $ 3.80 for the quarter, beating the Thomson Reuters consensus estimate of $ 2.15 by $ 1.65. Athene had a net margin of 15.47% and a return on equity of 12.19%. The company posted revenue of $ 1.70 billion for the quarter, compared to analysts’ expectations of $ 1.61 billion. In the same quarter of the previous year, the company posted ($ 0.36) EPS. The company’s turnover is up 128.7% compared to the same quarter last year. As a group, equity analysts predict that Athene Holding Ltd. will show 10.32 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of ATH. Goldman Sachs Group Inc. increased its position in Athene shares by 1.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,239,075 shares of the insurance provider valued at $ 163,249,000 after acquiring an additional 53,612 shares during the last quarter. Lakewood Capital Management LP increased its position in shares of Athene by 30.4% during the first quarter. Lakewood Capital Management LP now owns 2,507,085 shares of the insurance provider valued at $ 126,357,000 after purchasing an additional 584,900 shares during the period. Massachusetts Financial Services Co. MA increased its holdings of Athene shares by 4.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 2,091,065 shares of the insurance provider valued at $ 105,389,000 after purchasing an additional 88,525 shares during the last quarter. Pentwater Capital Management LP acquired a new position in shares of Athene during the first quarter valued at $ 97,524,000. Finally, Neuberger Berman Group LLC increased its stake in Athene by 46.3% in the first quarter. Neuberger Berman Group LLC now owns 1,745,282 shares of the insurance provider valued at $ 87,805,000 after purchasing an additional 552,589 shares in the last quarter. Hedge funds and other institutional investors hold 83.54% of the company’s shares.

ATH has been the subject of several recent research reports. Morgan Stanley downgraded Athene’s stock from an “overweight” rating to an “equal weight” rating and set a price target of $ 74.00 for the company. in a research report Thursday. The UBS group reiterated a “neutral” rating and set a price target of $ 66.00 (vs. $ 55) for shares of Athene in a research report published on Wednesday, May 19. Citigroup raised its price target on Athene from $ 54.00 to $ 66.00 and gave the company a “neutral” rating in a research report published on Monday, June 14. Truist Securities raised its price target on Athene from $ 56.00 to $ 68.00 and gave the stock a “buy” rating in a research report published on Friday, May 14. Finally, Piper Sandler raised her price target on Athene from $ 66.10 to $ 72.72 and gave the stock a “neutral” rating in a research note on Thursday, July 8. They noted that the move was an appraisal call. Eleven analysts rated the stock with a conservation rating and three issued a buy rating for the company. Athene currently has a consensus rating of “Hold” and a consensus target price of $ 65.12.

About Athena

Athene Holding Ltd., a retirement services company, issues, reinsures and acquires retirement savings products for individuals and institutions in the United States and Bermuda. The company offers annuity retirement solutions to its policyholders; and reinsures multi-year guaranteed annuities, fixed indexed annuities, traditional fixed one-year guaranteed deferred annuities, payout annuities and institutional products.

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