Oppenheimer & Co. Inc. Takes Position in Athene Holding Ltd (ATH)

Oppenheimer & Co. Inc. acquired a new position in shares of Athene Holding Ltd (NYSE:ATH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 26,503 shares of the insurance provider’s stock, valued at approximately $1,370,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Prudential Financial Inc. increased its position in Athene by 1.7% during the 3rd quarter. Prudential Financial Inc. now owns 73,020 shares of the insurance provider’s stock worth $3,931,000 after purchasing an additional 1,250 shares in the last quarter. LS Investment Advisors LLC increased its position in Athene by 56.7% during the 3rd quarter. LS Investment Advisors LLC now owns 4,561 shares of the insurance provider’s stock worth $246,000 after purchasing an additional 1,650 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in Athene by 10.8% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 16,986 shares of the insurance provider’s stock worth $915,000 after purchasing an additional 1,658 shares in the last quarter. Aperio Group LLC increased its position in Athene by 27.6% during the 4th quarter. Aperio Group LLC now owns 8,201 shares of the insurance provider’s stock worth $424,000 after purchasing an additional 1,774 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Athene by 11.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,976 shares of the insurance provider’s stock worth $1,022,000 after purchasing an additional 1,921 shares in the last quarter. Institutional investors and hedge funds own 50.68% of the company’s stock.

Athene Holding Ltd (NYSE ATH) opened at $49.29 on Friday. Athene Holding Ltd has a 12-month low of $45.15 and a 12-month high of $55.22. The stock has a market cap of $9,852.28, a P/E ratio of 7.26, a price-to-earnings-growth ratio of 0.63 and a beta of -0.39.

A number of equities analysts recently issued reports on the stock. Evercore ISI reiterated a “buy” rating and set a $68.00 price objective on shares of Athene in a research report on Thursday, December 21st. UBS Group upped their price objective on shares of Athene from $63.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, November 6th. Wells Fargo & Co reiterated a “buy” rating and set a $63.00 price objective on shares of Athene in a research report on Friday, December 22nd. Scotiabank restated a “hold” rating on shares of Athene in a research report on Monday, December 4th. Finally, Canaccord Genuity restated a “buy” rating on shares of Athene in a research report on Thursday, December 7th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $63.00.

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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.

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Institutional Ownership by Quarter for Athene (NYSE:ATH)

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