Athene Holding Ltd. [NYSE: ATH] gained 1.33% or 0.9 points to close at $68.40 with a heavy trading volume of 1488798 shares. The company report on June 28, 2021 that SHAREHOLDER ALERT: Halper Sadeh LLP Investigates SVBI, ATH, TLND, NETE, HGV; Shareholders are Encouraged to Contact the Firm.
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:.
Severn Bancorp, Inc. (NASDAQ: SVBI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Shore Bancshares, Inc. Under the terms of the agreement, Severn Bancorp common stockholders will receive 0.6207 shares of Shore common stock and $1.59 in cash for each share of Severn Bancorp common stock they own. If you are a Severn Bancorp shareholder, click here to learn more about your rights and options.
It opened the trading session at $67.60, the shares rose to $68.53 and dropped to $66.01, the range by which the price of stock traded the whole day. The daily chart for ATH points out that the company has recorded 60.90% gains over the past six months. However, it is still -134.49% lower than its most recent low trading price.
If we look at the average trading volume of 1.36M shares, ATH reached to a volume of 1488798 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Athene Holding Ltd. [ATH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ATH shares is $66.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ATH stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Athene Holding Ltd. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 13, 2021. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $57 to $54. The new note on the price target was released on April 05, 2021, representing the official price target for Athene Holding Ltd. stock. Previously, the target price had yet another raise to $57, while JP Morgan analysts kept a Overweight rating on ATH stock.
The Average True Range (ATR) for Athene Holding Ltd. is set at 1.40, with the Price to Sales ratio for ATH stock in the period of the last 12 months amounting to 0.62. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 34.84. Price to Free Cash Flow for ATH in the course of the last twelve months was 2.52.
Trading performance analysis for ATH stock
Athene Holding Ltd. [ATH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.24. With this latest performance, ATH shares gained by 9.53% in over the last four-week period, additionally plugging by 60.90% over the last 6 months – not to mention a rise of 126.12% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ATH stock in for the last two-week period is set at 75.34, with the RSI for the last a single of trading hit 79.14, and the three-weeks RSI is set at 72.86 for Athene Holding Ltd. [ATH]. The present Moving Average for the last 50 days of trading for this stock 62.44, while it was recorded at 67.45 for the last single week of trading, and 48.01 for the last 200 days.
Athene Holding Ltd. [ATH]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Athene Holding Ltd. [ATH] shares currently have an operating margin of +14.94. Athene Holding Ltd.’s Net Margin is presently recorded at +10.44.
Return on Total Capital for ATH is now 11.70, given the latest momentum, and Return on Invested Capital for the company is 8.80. Return on Equity for this stock inclined to 9.62, with Return on Assets sitting at 0.91. When it comes to the capital structure of this company, Athene Holding Ltd. [ATH] has a Total Debt to Total Equity ratio set at 10.59. Additionally, ATH Total Debt to Total Capital is recorded at 9.58, with Total Debt to Total Assets ending up at 1.00. Long-Term Debt to Equity for the company is recorded at 10.59, with the Long-Term Debt to Total Capital now at 9.58.
Reflecting on the efficiency of the workforce at the company, Athene Holding Ltd. [ATH] managed to generate an average of $1,141,481 per employee.
Athene Holding Ltd. [ATH]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ATH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Athene Holding Ltd. go to 9.34%.
An analysis of insider ownership at Athene Holding Ltd. [ATH]
There are presently around $11,153 million, or 86.20% of ATH stock, in the hands of institutional investors. The top three institutional holders of ATH stocks are: APOLLO MANAGEMENT HOLDINGS, L.P. with ownership of 54,581,248, which is approximately 0% of the company’s market cap and around 1.50% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 11,297,878 shares of the stock with an approximate value of $772.77 million in ATH stocks shares; and VANGUARD GROUP INC, currently with $755.87 million in ATH stock with ownership of nearly 2.283% of the company’s market capitalization.
Positions in Athene Holding Ltd. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 170 institutional holders increased their position in Athene Holding Ltd. [NYSE:ATH] by around 22,143,460 shares. Additionally, 134 investors decreased positions by around 28,791,521 shares, while 31 investors held positions by with 112,117,694 shares. The mentioned changes placed institutional holdings at 163,052,675 shares, according to the latest SEC report filing. ATH stock had 68 new institutional investments in for a total of 7,764,022 shares, while 37 institutional investors sold positions of 10,335,049 shares during the same period.