Athene Holding Ltd (NYSE:ATH) Director Manfred Puffer sold 10,000 shares of the stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $52.92, for a total transaction of $529,200.00. Following the completion of the sale, the director now owns 55,728 shares of the company’s stock, valued at approximately $2,949,125.76. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of Athene Holding Ltd (ATH) opened at $50.10 on Thursday. Athene Holding Ltd has a 1-year low of $45.15 and a 1-year high of $55.22. The firm has a market cap of $10,292.75, a P/E ratio of 6.83, a P/E/G ratio of 0.66 and a beta of 0.37.
Athene (NYSE:ATH) last posted its earnings results on Wednesday, February 21st. The insurance provider reported $1.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.23 by $0.46. Athene had a net margin of 16.47% and a return on equity of 12.97%. The firm had revenue of $861.00 million during the quarter, compared to the consensus estimate of $884.38 million. During the same quarter last year, the firm earned $1.80 EPS. research analysts expect that Athene Holding Ltd will post 5.22 earnings per share for the current year.
A number of analysts have recently issued reports on ATH shares. Evercore ISI restated a “buy” rating and set a $68.00 price target on shares of Athene in a report on Thursday, December 21st. Wells Fargo & Co restated a “buy” rating and set a $63.00 price target on shares of Athene in a report on Friday, December 22nd. Canaccord Genuity restated a “buy” rating on shares of Athene in a report on Thursday, December 7th. Zacks Investment Research downgraded shares of Athene from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, BMO Capital Markets restated a “hold” rating and set a $61.00 price target on shares of Athene in a report on Friday, December 22nd. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Athene has a consensus rating of “Buy” and an average price target of $61.92.
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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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