Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Athene Holding price target raised to $66 from $60 at BMO Capital » 08:15
06/22/20
06/22
08:15
06/22/20
08:15
ATH

Athene Holding

$33.35 /

-1.105 (-3.21%)

BMO Capital analyst James…

BMO Capital analyst James Fotheringham raised the firm's price target on Athene Holding to $66 from $60 and keeps an Outperform rating on the shares after the company's $27B reinsurance transaction and $500M equity investment in Jackson National. The transaction marks its "first significant utilization of ACRA", the analyst tells investors in a research note, giving Athene "greater flexibility" to deal in scale. Fotheringham further notes that Athene stock offers a "meaningful valuation discount" of 4.1-times in two-year-forward price-to-earnings.

ShowHide Related Items >><<
ATH Athene Holding
$33.35 /

-1.105 (-3.21%)

ATH Athene Holding
$33.35 /

-1.105 (-3.21%)

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
ATH Athene Holding
$33.35 /

-1.105 (-3.21%)

Hot Stocks
Apollo Global expanding insurance asset management business » 06:49
06/18/20
06/18
06:49
06/18/20
06:49
APO

Apollo Global

$53.04 /

+0.17 (+0.32%)

, ATH

Athene Holding

$32.13 /

-0.96 (-2.90%)

, PRU

Prudential

$63.87 /

-1.9 (-2.89%)

Apollo Global (APO) is…

Apollo Global (APO) is expanding its insurance asset management business, as Athene Holding (ATH) has entered into a fixed annuity block reinsurance transaction with Jackson National Life Insurance, a subsidiary of Prudential (PRU), with the support of Athene Co-Invest Reinsurance Affiliate. Athene will reinsure a $27B in-force block of fixed deferred and fixed indexed annuities. Athene will also make a $500M equity investment in Jackson, representing an 11% stake in the company. Apollo's insurance platform is anchored by permanent capital vehicle assets from Athene and other insurance platforms. Through Q1 and pro forma for Athene's transaction with Jackson, additional transactions and internal growth, Apollo has added nearly $80B in insurance-related assets under management. Apollo expects this transaction will be immediately accretive; however, the full financial effect is expected to be achieved on a run rate basis in the second half of 2021.

ShowHide Related Items >><<
PRU Prudential
$63.87 /

-1.9 (-2.89%)

ATH Athene Holding
$32.13 /

-0.96 (-2.90%)

APO Apollo Global
$53.04 /

+0.17 (+0.32%)

APO Apollo Global
$53.04 /

+0.17 (+0.32%)

06/08/20 Citi
Citi downgrades Alternative Asset Managers to Market Weight, lowers four ratings
06/08/20 Citi
Apollo Global downgraded to Neutral from Buy at Citi
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform on valuation at BMO Capital
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform from Outperform at BMO Capital
ATH Athene Holding
$32.13 /

-0.96 (-2.90%)

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
PRU Prudential
$63.87 /

-1.9 (-2.89%)

05/06/20 Piper Sandler
Prudential downgraded to Neutral at Piper Sandler following Q1 results
05/06/20 Piper Sandler
Prudential downgraded to Neutral from Overweight at Piper Sandler
03/20/20 RBC Capital
Prudential downgraded to Sector Perform from Outperform at RBC Capital
PRU Prudential
$63.87 /

-1.9 (-2.89%)

ATH Athene Holding
$32.13 /

-0.96 (-2.90%)

APO Apollo Global
$53.04 /

+0.17 (+0.32%)

PRU Prudential
$63.87 /

-1.9 (-2.89%)

APO Apollo Global
$53.04 /

+0.17 (+0.32%)

PRU Prudential
$63.87 /

-1.9 (-2.89%)

APO Apollo Global
$53.04 /

+0.17 (+0.32%)

PRU Prudential
$63.87 /

-1.9 (-2.89%)

APO Apollo Global
$53.04 /

+0.17 (+0.32%)

Hot Stocks
Athene announces fixed annuity reinsurance transaction with Jackson National » 05:40
06/18/20
06/18
05:40
06/18/20
05:40
ATH

Athene Holding

/

+

, PUK

Prudential plc

/

+

Athene Holding (ATH) has…

Athene Holding (ATH) has announced a fixed annuity block reinsurance transaction with Jackson National Life and subsidiary of Prudential (PUK), with the support of Athene Co-Invest Reinsurance Affiliate, or ACRA. Athene said in a release, "Under the terms of the agreement, Athene will reinsure a $27B in-force block of fixed deferred and fixed indexed annuities. As part of the transaction, Athene is making a $500M equity investment in Jackson, representing an 11% stake in the company, which will help Jackson to pursue various growth initiatives aligned with its commercial diversification strategy. The transaction is expected to be accretive to Athene's adjusted operating income in 2021 and 2022, with potential upside as portfolio redeployment occurs. Athene expects to deploy approximately $1.2 billion of total capital in connection with the transaction to be contributed over the next 12-18 months, including a further investment of capital in connection with portfolio redeployment, as well as the equity investment in Jackson. Utilizing the strategic benefits of ACRA, 63% of the total capital deployment will be funded by third-party investors, and 37% will be funded by Athene on a standalone basis. Pro forma for the transaction, as well as the company's recent Series C preferred stock offering, Athene continues to have significant financial flexibility and a strong capital position, with excess equity capital of $3 billion and total deployable capital of $7.1 billion. Jackson will continue to service and administer the in-force policies within the block. The reinsurance agreement has an effective date of June 1, 2020. The equity investment in Jackson is expected to close in July 2020, subject to customary closing conditions and approvals. Credit Suisse is serving as financial advisor and Sidley Austin LLP is serving as legal counsel to Athene in connection with this transaction."

ShowHide Related Items >><<
PUK Prudential plc
/

+

ATH Athene Holding
/

+

ATH Athene Holding
/

+

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
PUK Prudential plc
/

+

04/21/20 JPMorgan
Prudential plc price target lowered to 1,031 GBp from 1,425 GBp at JPMorgan
04/20/20 HSBC
Prudential plc downgraded to Hold from Buy at HSBC
04/20/20 HSBC
Prudential plc downgraded to Hold from Buy at HSBC
03/12/20 JPMorgan
JPMorgan backs Neutral on Prudential plc after FY19 results
ATH Athene Holding
/

+

PUK Prudential plc
/

+

Over a month ago
Hot Stocks
Tiger Global takes $110M stake in Peloton during Q1, exits Slack » 13:28
05/15/20
05/15
13:28
05/15/20
13:28
ATH

Athene Holding

$24.28 /

-0.2 (-0.82%)

, PTON

Peloton

$49.15 /

+4.02 (+8.91%)

, DNK

Phoenix Tree

$6.60 /

+ (+0.00%)

, WORK

Slack Technologies

$31.94 /

+0.27 (+0.85%)

, VXX

iPath S&P 500 VIX Short-Term Futures

$37.59 /

+ (+0.00%)

, WDAY

Workday

$154.77 /

-0.44 (-0.28%)

, RNG

RingCentral

$286.97 /

+15.65 (+5.77%)

, BABA

Alibaba

$201.87 /

+0.63 (+0.31%)

, DDOG

Datadog

$69.09 /

+3.87 (+5.93%)

, PLAN

Anaplan

$42.60 /

+1.42 (+3.45%)

, EDU

New Oriental Education

$117.80 /

-2.12 (-1.77%)

, APO

Apollo Global

$40.32 /

-0.46 (-1.13%)

, TDG

TransDigm

$328.00 /

-2.38 (-0.72%)

, UBER

Uber

$32.80 /

+0.01 (+0.03%)

, FLT

FleetCor

$223.90 /

+3.51 (+1.59%)

, SPOT

Spotify

$157.59 /

+5.55 (+3.65%)

, GOOGL

Alphabet Class A

$1,370.88 /

+13.51 (+1.00%)

, JD

JD.com

$50.02 /

+1.05 (+2.14%)

, MSFT

Microsoft

$181.35 /

+0.85 (+0.47%)

, FB

Facebook

$209.65 /

+2.92 (+1.41%)

, AMZN

Amazon.com

$2,391.42 /

+2.15 (+0.09%)

Chase Coleman's…

Chase Coleman's Tiger Global disclosed in an SEC filing its holdings as of March 31, 2020. The fund made three new buys during the first quarter: 7.46M shares of Athene Holding (ATH), 4.15M shares of Peloton Interactive (PTON) and 1.85M shares of Phoenix Tree Holdings (DNK). Tiger exited two positions during the quarter, Slack Technologies (WORK) and iPath S&P 500 VIX Short-Term Futures (VXX). The fund increased its stake in 11 holdings, including Workday (WDAY), RingCentral (RNG), Alibaba (BABA), Datadog (DDOG), Anaplan (PLAN) and New Oriental Education (EDU). Tiger reduced its stake in 14 holdings, including Apollo Global (APO), TransDigm (TDG), Uber Technologies (UBER), FleetCor Technologies (FLT), Spotify (SPOT) and Alphabet (GOOG). The fund's top holdings as of March 31, in order of size, were JD.com Class A (JD), Microsoft (MSFT), Facebook (FB) Apollo Global and Amazon.com (AMZN).

ShowHide Related Items >><<
WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

DNK Phoenix Tree
$6.60 /

+ (+0.00%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

ATH Athene Holding
$24.28 /

-0.2 (-0.82%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

ATH Athene Holding
$24.28 /

-0.2 (-0.82%)

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
PTON Peloton
$49.15 /

+4.02 (+8.91%)

05/13/20 Rosenblatt
Peloton on track to meet, potentially beat subscriber guidance, says Rosenblatt
05/13/20 JMP Securities
Peloton price target raised to $59 from $53 at JMP Securities
05/13/20 Stifel
Stifel boosts Peloton target to $55 after connected fitness subs top 1M
05/07/20 Roth Capital
Peloton price target raised to $51 from $38 at Roth Capital
DNK Phoenix Tree
$6.60 /

+ (+0.00%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

04/16/20 Credit Suisse
Slack Technologies price target raised to $26 from $21 at Credit Suisse
04/14/20
Fly Intel: Top five analyst initiations
04/14/20 Cantor Fitzgerald
Slack Technologies initiated with an Overweight at Cantor Fitzgerald
04/13/20 Cantor Fitzgerald
Slack Technologies initiated with an Overweight at Cantor Fitzgerald
VXX iPath S&P 500 VIX Short-Term Futures
$37.59 /

+ (+0.00%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

05/04/20 Rosenblatt
Rosenblatt starts Workday with Sell rating on growth concerns
05/04/20 Rosenblatt
Workday initiated with a Sell at Rosenblatt
04/24/20 Cowen
Workday downgraded to Market Perform at Cowen
04/24/20 Cowen
Workday downgraded to Market Perform from Outperform at Cowen
RNG RingCentral
$286.97 /

+15.65 (+5.77%)

05/11/20 Jefferies
Avaya Q2 comments a positive read-through for RingCentral, says Jefferies
05/07/20 Wells Fargo
RingCentral price target raised to $285 from $280 at Wells Fargo
05/07/20 Oppenheimer
RingCentral price target raised to $270 from $240 at Oppenheimer
05/07/20 Raymond James
RingCentral price target raised to $290 from $250 at Raymond James
BABA Alibaba
$201.87 /

+0.63 (+0.31%)

04/09/20 Morgan Stanley
Alibaba 'core of core' revenue recovery outlook improved, says Morgan Stanley
03/23/20 Oppenheimer
Tencent, Baidu, Alibaba attractive at current levels, says Oppenheimer
02/25/20 Goldman Sachs
Huya downgraded to Neutral on cost inflation at Goldman Sachs
02/20/20 Argus
Alibaba price target raised to $260 from $210 at Argus
DDOG Datadog
$69.09 /

+3.87 (+5.93%)

05/13/20 Barclays
Dynatrace price target raised to $38 from $28 at Barclays
05/12/20 JPMorgan
Datadog price target raised to $65 from $60 at JPMorgan
05/12/20 Needham
Datadog price target raised to $70 from $58 at Needham
05/12/20 Barclays
Datadog price target raised to $70 from $42 at Barclays
PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

04/21/20
Fly Intel: Top five analyst initiations
04/21/20 Deutsche Bank
Anaplan initiated with a Buy at Deutsche Bank
04/16/20 Rosenblatt
Anaplan downgraded to Neutral from Buy at Rosenblatt
04/13/20 Needham
Needham cuts price targets across SaaS/Application Software names
EDU New Oriental Education
$117.80 /

-2.12 (-1.77%)

04/22/20 CLSA
New Oriental Education upgraded to Buy from Outperform at CLSA
04/22/20 CLSA
New Oriental Education upgraded to Buy from Outperform at CLSA
04/22/20 Citi
New Oriental Education negatives mostly priced in, says Citi
04/07/20 Goldman Sachs
New Oriental Education upgraded to Conviction Buy from Buy at Goldman Sachs
APO Apollo Global
$40.32 /

-0.46 (-1.13%)

05/14/20 BMO Capital
Apollo Global downgraded to Market Perform on valuation at BMO Capital
05/14/20 BMO Capital
Apollo Global downgraded to Market Perform from Outperform at BMO Capital
05/04/20
Macerich fits model for Apollo Global investment, Dealreporter says
05/04/20 Wells Fargo
Apollo Global price target lowered to $44 from $50 at Wells Fargo
TDG TransDigm
$328.00 /

-2.38 (-0.72%)

05/06/20 Canaccord
TransDigm price target lowered to $500 from $600 at Canaccord
05/06/20 Credit Suisse
TransDigm price target lowered to $380 from $439 at Credit Suisse
03/30/20 Vertical Research
TransDigm downgraded to Hold from Buy at Vertical Research
03/19/20 Cowen
TransDigm price target lowered to $320 from $655 at Cowen
UBER Uber
$32.80 /

+0.01 (+0.03%)

05/15/20 Wedbush
Uber's potential GrubHub deal an offensive and defensive move, says Wedbush
05/15/20 Citi
Citi boosts Uber target to $41, Lyft target to $50
05/13/20 KeyBanc
KeyBanc says NYC regulatory risk should be considered by food delivery investors
05/13/20 DA Davidson
GrubHub may hold off for better price than Uber offers, DA Davidson says
FLT FleetCor
$223.90 /

+3.51 (+1.59%)

05/11/20 SunTrust
FleetCor price target raised to $290 from $220 at SunTrust
05/08/20 BTIG
FleetCor price target lowered to $290 from $340 at BTIG
05/08/20 Cowen
FleetCor price target raised to $258 from $240 at Cowen
04/08/20 Wells Fargo
FleetCor price target lowered to $250 from $350 at Wells Fargo
SPOT Spotify
$157.59 /

+5.55 (+3.65%)

04/30/20 JPMorgan
Spotify price target raised to $185 from $155 at JPMorgan
04/30/20 Rosenblatt
Spotify price target raised to $190 from $184 at Rosenblatt
04/06/20
Fly Intel: Top five analyst downgrades
04/06/20 Raymond James
Spotify double downgraded to Market Perform at Raymond James
GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

05/12/20 Citi
Alphabet price target raised to $1,600 from $1,400 at Citi
05/07/20 Credit Suisse
YouTube TV deal 'the big news' from ViacomCBS report, says Credit Suisse
05/07/20 Bernstein
Google payments to Apple big, predicated on advertising, says Bernstein
05/05/20 Deutsche Bank
Alphabet price target raised to $1,700 from $1.625 at Deutsche Bank
JD JD.com
$50.02 /

+1.05 (+2.14%)

05/13/20
Fly Intel: Top five analyst upgrades
05/13/20 Mizuho
JD.com upgraded to Buy from Neutral at Mizuho
04/14/20 Morgan Stanley
JD.com upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/20 Bernstein
JD.com upgraded to Outperform from Market Perform at Bernstein
MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

05/15/20 Morgan Stanley
Security another large market opportunity for Microsoft, says Morgan Stanley
05/06/20 Craig-Hallum
MicroVision rise driven by Microsoft speculation, says Craig-Hallum
04/30/20 Credit Suisse
Microsoft price target raised to $195 from $190 at Credit Suisse
04/30/20 Morgan Stanley
Microsoft price target raised to $198 from $180 at Morgan Stanley
FB Facebook
$209.65 /

+2.92 (+1.41%)

05/15/20 Loop Capital
Facebook price target raised to $265 from $215 at Loop Capital
05/04/20 Argus
Facebook price target raised to $240 from $220 at Argus
05/01/20 BMO Capital
Facebook price target raised to $220 from $190 at BMO Capital
04/30/20
Fly Intel: Top five analyst upgrades
AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

05/14/20 KeyBanc
Farfetch, Nordstrom, Revolve could be impacted by Amazon offering, says KeyBanc
05/12/20 Barrington
Amazon interest in AMC 'not outside the realm of possibility,' says Barrington
05/11/20 B. Riley FBR
Amazon buyout may not appeal to AMC shareholders, says B. Riley FBR
05/07/20 Piper Sandler
Fastly price target raised to $31 from $27 at Piper Sandler
WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

EDU New Oriental Education
$117.80 /

-2.12 (-1.77%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

ATH Athene Holding
$24.28 /

-0.2 (-0.82%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

DNK Phoenix Tree
$6.60 /

+ (+0.00%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

WORK Slack Technologies
$31.94 /

+0.27 (+0.85%)

WDAY Workday
$154.77 /

-0.44 (-0.28%)

VXX iPath S&P 500 VIX Short-Term Futures
$37.59 /

+ (+0.00%)

UBER Uber
$32.80 /

+0.01 (+0.03%)

TDG TransDigm
$328.00 /

-2.38 (-0.72%)

SPOT Spotify
$157.59 /

+5.55 (+3.65%)

RNG RingCentral
$286.97 /

+15.65 (+5.77%)

PTON Peloton
$49.15 /

+4.02 (+8.91%)

PLAN Anaplan
$42.60 /

+1.42 (+3.45%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

JD JD.com
$50.02 /

+1.05 (+2.14%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

FLT FleetCor
$223.90 /

+3.51 (+1.59%)

FB Facebook
$209.65 /

+2.92 (+1.41%)

EDU New Oriental Education
$117.80 /

-2.12 (-1.77%)

DDOG Datadog
$69.09 /

+3.87 (+5.93%)

BABA Alibaba
$201.87 /

+0.63 (+0.31%)

APO Apollo Global
$40.32 /

-0.46 (-1.13%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

MSFT Microsoft
$181.35 /

+0.85 (+0.47%)

GOOGL Alphabet Class A
$1,370.88 /

+13.51 (+1.00%)

AMZN Amazon.com
$2,391.42 /

+2.15 (+0.09%)

Hot Stocks
Tiger Global initiated $185.3M position in Athene during Q1  13:18
05/15/20
05/15
13:18
05/15/20
13:18
ATH

Athene Holding

$24.42 /

-0.06 (-0.25%)

 
ShowHide Related Items >><<
ATH Athene Holding
$24.42 /

-0.06 (-0.25%)

ATH Athene Holding
$24.42 /

-0.06 (-0.25%)

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
ATH Athene Holding
$24.42 /

-0.06 (-0.25%)

Hot Stocks
Athene Holding appoints Doug Niemann as Chief Risk Officer » 08:40
05/12/20
05/12
08:40
05/12/20
08:40
ATH

Athene Holding

$27.02 /

-0.31 (-1.13%)

Athene Holding announced…

Athene Holding announced that Doug Niemann, formerly Senior Managing Director of Investment Management and Chief Investment Risk Officer for Guardian Life Insurance, has been appointed Executive Vice President and Chief Risk Officer at Athene, effective May 18. Mr. Niemann joins the company as John Rhodes has decided to step down from his role as EVP and Chief Risk Officer due to health reasons.

ShowHide Related Items >><<
ATH Athene Holding
$27.02 /

-0.31 (-1.13%)

ATH Athene Holding
$27.02 /

-0.31 (-1.13%)

05/12/20 SunTrust
Athene Holding price target lowered to $45 from $61 at SunTrust
04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
ATH Athene Holding
$27.02 /

-0.31 (-1.13%)

Recommendations
Athene Holding price target lowered to $45 from $61 at SunTrust » 07:20
05/12/20
05/12
07:20
05/12/20
07:20
ATH

Athene Holding

$27.02 /

-0.31 (-1.13%)

SunTrust analyst Mark…

SunTrust analyst Mark Hughes lowered the firm's price target on Athene Holding to $45 from $61 but keeps a Buy rating on the shares. The analyst remains positive on the company's substantial earnings power, with "meaningful excess capital" to cushion against any future volatility or take advantage of dislocation in credit markets, but also reduces his FY20 and FY21 EPS views to $4.85 from $7.55 and to $7.20 from $8.50 due to near-term pressure on yields in the alternatives portfolio, marginally slower asset growth, and higher shares outstanding.

ShowHide Related Items >><<
ATH Athene Holding
$27.02 /

-0.31 (-1.13%)

ATH Athene Holding
$27.02 /

-0.31 (-1.13%)

04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
02/19/20 RBC Capital
Athene Holding price target raised to $60 from $55 at RBC Capital
ATH Athene Holding
$27.02 /

-0.31 (-1.13%)

Earnings
Athene Holding reports Q1 adjusted EPS (60c), consensus 6c » 07:05
05/08/20
05/08
07:05
05/08/20
07:05
ATH

Athene Holding

$24.90 /

+1.9 (+8.26%)

Adjusted book value per…

Adjusted book value per common share of $51.07, an increase of 8% year-over-year. CEO Jim Belardi said, "In these unprecedented times, Athene's core earnings power remains intact and continues to grow and generate attractive levels of profitability. Our actions over the past year have allowed us to operate from a position of strength. While the COVID-19 pandemic caused mark-to-market volatility in Athene's financials during the quarter, we believe these impacts will be transitory and have little impact on Athene's long-term earnings trajectory. I'm incredibly proud of our team for continuing to execute our differentiated strategy as we continue to serve policyholders at a high standard and underwrite strong levels of new business."

ShowHide Related Items >><<
ATH Athene Holding
$24.90 /

+1.9 (+8.26%)

04/27/20 Credit Suisse
Athene Holding price target lowered to $46 from $59 at Credit Suisse
03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
02/19/20 RBC Capital
Athene Holding price target raised to $60 from $55 at RBC Capital
Recommendations
Athene Holding price target lowered to $46 from $59 at Credit Suisse » 07:27
04/27/20
04/27
07:27
04/27/20
07:27
ATH

Athene Holding

$23.62 /

+0.88 (+3.87%)

Credit Suisse analyst…

Credit Suisse analyst Andrew Kligerman lowered the firm's price target on Athene Holding to $46 from $59 and keeps an Outperform rating on the shares. The analyst cited pressure on alternatives income and lower sales.

ShowHide Related Items >><<
ATH Athene Holding
$23.62 /

+0.88 (+3.87%)

03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
02/19/20 RBC Capital
Athene Holding price target raised to $60 from $55 at RBC Capital
02/19/20 SunTrust
Athene Holding price target raised to $61 from $52 at SunTrust
Hot Stocks
Athene Holding confirms consent order, settlement with NYSDFS » 11:11
04/13/20
04/13
11:11
04/13/20
11:11
ATH

Athene Holding

$27.27 /

-3.05 (-10.06%)

Athene Holding disclosed…

Athene Holding disclosed in a regulatory filing that the company and Athene Annuity and Life Company, a wholly-owned subsidiary of the company, entered into a consent order with the New York State Department of Financial Services, or the NYSDFS. The consent order resolves the NYSDFS's previously disclosed inquiry into AAIA's pension risk transfer operations in New York. Pursuant to the consent order, the company and AAIA are required to pay a fine of $45M. As of December 31, 2019, the company had established an accrued liability in the amount of the fine, which was reflected in the company's consolidated balance sheet as of such date. For management reporting purposes, the amount is considered non-operating, the company said.

ShowHide Related Items >><<
ATH Athene Holding
$27.27 /

-3.05 (-10.06%)

03/20/20 RBC Capital
RBC Capital sees some time before Life Insurance returns to 'normal'
03/20/20 RBC Capital
Athene Holding downgraded to Sector Perform from Outperform at RBC Capital
02/19/20 RBC Capital
Athene Holding price target raised to $60 from $55 at RBC Capital
02/19/20 SunTrust
Athene Holding price target raised to $61 from $52 at SunTrust

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.