Systematic Financial Management LP Has $26.90 Million Holdings in Athene Holding Ltd (ATH)

Systematic Financial Management LP lessened its holdings in Athene Holding Ltd (NYSE:ATH) by 48.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 520,177 shares of the insurance provider’s stock after selling 490,516 shares during the quarter. Systematic Financial Management LP’s holdings in Athene were worth $26,898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. CI Global Investments Inc. boosted its holdings in Athene by 26.6% in the 4th quarter. CI Global Investments Inc. now owns 8,907,931 shares of the insurance provider’s stock valued at $460,629,000 after purchasing an additional 1,871,621 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in Athene by 2.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 6,207,101 shares of the insurance provider’s stock valued at $334,190,000 after purchasing an additional 139,195 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Athene by 1.4% in the 4th quarter. California Public Employees Retirement System now owns 2,572,685 shares of the insurance provider’s stock valued at $268,739,000 after purchasing an additional 35,113 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Athene by 231.4% in the 4th quarter. Schroder Investment Management Group now owns 2,392,463 shares of the insurance provider’s stock valued at $123,714,000 after purchasing an additional 1,670,445 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Athene by 4.0% in the 4th quarter. Victory Capital Management Inc. now owns 2,278,104 shares of the insurance provider’s stock valued at $117,801,000 after purchasing an additional 88,100 shares in the last quarter. 49.81% of the stock is currently owned by institutional investors.

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

ATH has been the topic of a number of analyst reports. Scotiabank reaffirmed a “hold” rating on shares of Athene in a report on Monday, December 4th. Canaccord Genuity reiterated a “buy” rating on shares of Athene in a research report on Friday, November 3rd. Wells Fargo & Co reiterated a “buy” rating on shares of Athene in a research report on Wednesday, November 1st. Zacks Investment Research downgraded shares of Athene from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. 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 equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average 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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