Media coverage about Athene (NYSE:ATH) has been trending somewhat positive on Friday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Athene earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 46.145505137847 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several analysts recently commented on the company. Zacks Investment Research lowered Athene from a “buy” rating to a “hold” rating in a report on Friday, March 9th. UBS upgraded Athene from a “neutral” rating to a “buy” rating and set a $65.00 price target on the stock in a research report on Friday, March 2nd. Citigroup lowered their price target on Athene from $58.00 to $54.00 and set a “neutral” rating on the stock in a research report on Monday, February 26th. Wells Fargo set a $63.00 price target on Athene and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, BMO Capital Markets reiterated a “hold” rating and set a $61.00 price target on shares of Athene in a research report on Friday, December 22nd. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Athene has a consensus rating of “Buy” and a consensus target price of $61.92.
NYSE ATH opened at $47.81 on Friday. The company has a market capitalization of $9,505.15, a PE ratio of 8.46, a PEG ratio of 0.61 and a beta of 0.37. Athene has a 1-year low of $45.15 and a 1-year high of $55.22.
In other Athene news, Director Manfred Puffer sold 40,000 shares of the firm’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $50.44, for a total transaction of $2,017,600.00. Following the completion of the sale, the director now owns 15,728 shares of the company’s stock, valued at $793,320.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Grant Kvalheim sold 85,000 shares of the firm’s stock in a transaction on Friday, March 16th. The stock was sold at an average price of $50.05, for a total value of $4,254,250.00. Following the sale, the insider now directly owns 1,554,013 shares of the company’s stock, valued at approximately $77,778,350.65. The disclosure for this sale can be found here. In the last quarter, insiders have sold 135,000 shares of company stock worth $6,801,050. 10.60% of the stock is currently owned by company insiders.
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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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