State of Wisconsin Investment Board grew its holdings in shares of Athene Holding Ltd. (NYSE:ATH) by 25.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 97,270 shares of the insurance provider’s stock after purchasing an additional 19,530 shares during the period. State of Wisconsin Investment Board’s holdings in Athene were worth $5,237,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Teachers Advisors LLC acquired a new stake in shares of Athene in the 1st quarter worth about $1,113,000. Geode Capital Management LLC acquired a new position in Athene during the 1st quarter valued at about $12,952,000. BlackRock Inc. acquired a new position in Athene during the 1st quarter valued at about $96,552,000. Schwab Charles Investment Management Inc. acquired a new position in Athene during the 1st quarter valued at about $6,473,000. Finally, Credit Suisse AG acquired a new position in Athene during the 1st quarter valued at about $682,000. 48.41% of the stock is currently owned by institutional investors.
Shares of Athene Holding Ltd. (NYSE ATH) traded up $0.41 during trading on Wednesday, hitting $48.06. 960,943 shares of the stock traded hands, compared to its average volume of 1,216,175. The firm has a market capitalization of $9,335.81 and a P/E ratio of 8.66. Athene Holding Ltd. has a twelve month low of $43.25 and a twelve month high of $55.22.
ATH has been the topic of several research analyst reports. Wells Fargo & Company reissued a “buy” rating on shares of Athene in a research note on Wednesday, November 1st. Keefe, Bruyette & Woods restated a “buy” rating and set a $63.00 price objective on shares of Athene in a research report on Friday, November 3rd. UBS raised their price objective on shares of Athene from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Monday, November 6th. Canaccord Genuity reiterated a “buy” rating on shares of Athene in a report on Friday, November 3rd. Finally, Zacks Investment Research cut shares of Athene from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Six investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Athene has a consensus rating of “Buy” and a consensus target price of $59.80.
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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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