Harbor Advisors LLC Takes $337,000 Position in Athene Holding Ltd (ATH)

Harbor Advisors LLC acquired a new stake in shares of Athene Holding Ltd (NYSE:ATH) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,511 shares of the insurance provider’s stock, valued at approximately $337,000.

Several other institutional investors and hedge funds also recently bought and sold shares of ATH. Envestnet Asset Management Inc. boosted its stake in shares of Athene by 661.1% during the third quarter. Envestnet Asset Management Inc. now owns 3,014 shares of the insurance provider’s stock valued at $162,000 after acquiring an additional 2,618 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in shares of Athene by 147.0% during the third quarter. Public Employees Retirement Association of Colorado now owns 3,379 shares of the insurance provider’s stock valued at $182,000 after acquiring an additional 2,011 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in Athene in the 3rd quarter worth about $200,000. Alpine Woods Capital Investors LLC acquired a new stake in Athene in the 3rd quarter worth about $215,000. Finally, Amalgamated Bank acquired a new stake in Athene in the 2nd quarter worth about $219,000. 50.68% of the stock is currently owned by institutional investors and hedge funds.

ATH has been the topic of a number of research analyst reports. Canaccord Genuity reissued a “buy” rating on shares of Athene in a research note on Friday, November 3rd. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $63.00 price target on shares of Athene in a research note on Friday, November 3rd. Wells Fargo & Co reissued a “buy” rating on shares of Athene in a research note on Wednesday, November 1st. Goldman Sachs Group initiated coverage on Athene in a research note on Wednesday, October 18th. They issued a “buy” rating and a $63.00 price target on the stock. Finally, Evercore ISI reissued a “buy” rating and issued a $68.00 price target on shares of Athene in a research note on Thursday, December 21st. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $63.00.

Athene Holding Ltd (NYSE ATH) opened at $46.67 on Monday. The firm has a market capitalization of $9,328.59, a PE ratio of 8.66, a PEG ratio of 0.60 and a beta of -0.39. Athene Holding Ltd has a 52 week low of $45.15 and a 52 week high of $55.22.

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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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