Athene Holding Ltd (NYSE:ATH) Director Lawrence Ruisi sold 8,000 shares of Athene stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $47.83, for a total value of $382,640.00. Following the sale, the director now directly owns 52,125 shares in the company, valued at $2,493,138.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
NYSE:ATH traded down $0.14 during mid-day trading on Tuesday, reaching $47.72. The stock had a trading volume of 44,341 shares, compared to its average volume of 1,086,399. The company has a market capitalization of $8.83 billion, a price-to-earnings ratio of 8.20, a price-to-earnings-growth ratio of 0.48 and a beta of 1.03. Athene Holding Ltd has a 1-year low of $36.00 and a 1-year high of $48.12. The stock’s 50 day simple moving average is $46.14 and its two-hundred day simple moving average is $42.64. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.11 and a quick ratio of 0.11.
Athene (NYSE:ATH) last posted its quarterly earnings results on Tuesday, November 5th. The insurance provider reported $1.34 EPS for the quarter, missing the Zacks’ consensus estimate of $1.78 by ($0.44). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.31 billion. Athene had a return on equity of 10.45% and a net margin of 11.56%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the business posted $1.90 earnings per share. Sell-side analysts anticipate that Athene Holding Ltd will post 6.5 EPS for the current fiscal year.
A number of large investors have recently bought and sold shares of ATH. World Asset Management Inc boosted its stake in Athene by 4.8% in the third quarter. World Asset Management Inc now owns 5,282 shares of the insurance provider’s stock valued at $222,000 after acquiring an additional 242 shares during the period. Synovus Financial Corp boosted its position in shares of Athene by 3.5% during the third quarter. Synovus Financial Corp now owns 7,120 shares of the insurance provider’s stock worth $301,000 after buying an additional 243 shares during the period. Toronto Dominion Bank boosted its position in shares of Athene by 1.3% during the second quarter. Toronto Dominion Bank now owns 34,239 shares of the insurance provider’s stock worth $1,474,000 after buying an additional 426 shares during the period. Parallel Advisors LLC boosted its position in shares of Athene by 12.0% during the third quarter. Parallel Advisors LLC now owns 5,858 shares of the insurance provider’s stock worth $246,000 after buying an additional 627 shares during the period. Finally, Signaturefd LLC boosted its position in shares of Athene by 15.2% during the third quarter. Signaturefd LLC now owns 7,905 shares of the insurance provider’s stock worth $332,000 after buying an additional 1,045 shares during the period. Institutional investors and hedge funds own 69.50% of the company’s stock.
Athene Holding Ltd., a retirement services company, issues, reinsures, and acquires retirement savings products in the United States and Bermuda. It offers fixed deferred, immediate, and payout annuities; and funding agreements and pension risk transfer products to institutional investors. The company's products are designed for individuals and institutions seeking to fund retirement needs.
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