Axis Capital Holdings Ltd. (NYSE:AXS) saw an uptick in trading volume on Monday . 785,949 shares changed hands during trading, an increase of 58% from the previous session’s volume of 497,688 shares.The stock last traded at $55.55 and had previously closed at $55.58.

A number of brokerages recently commented on AXS. Morgan Stanley increased their price target on shares of Axis Capital Holdings from $59.00 to $60.00 and gave the company an “equal weight” rating in a report on Thursday, July 28th. Janney Montgomery Scott downgraded shares of Axis Capital Holdings from a “buy” rating to a “neutral” rating in a report on Thursday, May 26th. Langen Mcalenn downgraded shares of Axis Capital Holdings from a “buy” rating to a “neutral” rating in a research note on Thursday, May 26th. Zacks Investment Research downgraded shares of Axis Capital Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Finally, Citigroup Inc. reissued a “neutral” rating on shares of Axis Capital Holdings in a research note on Tuesday, June 21st. Ten research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Axis Capital Holdings presently has an average rating of “Hold” and a consensus target price of $59.29.

The company has a market capitalization of $5.02 billion and a PE ratio of 9.83. The firm’s 50 day moving average is $53.69 and its 200-day moving average is $54.08.

Axis Capital Holdings (NYSE:AXS) last released its earnings results on Tuesday, July 26th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.19. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $983.53 million. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 EPS. On average, analysts expect that Axis Capital Holdings Ltd. will post $3.55 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, June 28th. This represents a $1.40 annualized dividend and a yield of 2.53%.

In other Axis Capital Holdings news, EVP Richard T. Gieryn, Jr. sold 14,967 shares of the business’s stock in a transaction on Friday, May 20th. The shares were sold at an average price of $54.37, for a total transaction of $813,755.79. Following the completion of the sale, the executive vice president now owns 26,358 shares in the company, valued at $1,433,084.46. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Several institutional investors have recently added to or reduced their stakes in AXS. Andra AP fonden raised its position in Axis Capital Holdings by 0.9% in the fourth quarter. Andra AP fonden now owns 195,800 shares of the company’s stock valued at $11,008,000 after buying an additional 1,700 shares in the last quarter. Dai Ichi Life Insurance CO. LTD. raised its position in shares of Axis Capital Holdings by 18.7% in the fourth quarter. Dai Ichi Life Insurance CO. LTD. now owns 79,529 shares of the company’s stock worth $4,471,000 after buying an additional 12,502 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. raised its position in shares of Axis Capital Holdings by 9.4% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 159,122 shares of the company’s stock worth $9,046,000 after buying an additional 13,689 shares in the last quarter. KBC Group NV raised its position in shares of Axis Capital Holdings by 29.6% in the fourth quarter. KBC Group NV now owns 201,281 shares of the company’s stock worth $11,316,000 after buying an additional 45,915 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Axis Capital Holdings by 188.9% in the fourth quarter. Wells Fargo & Company MN now owns 156,478 shares of the company’s stock worth $8,797,000 after buying an additional 102,315 shares in the last quarter.

AXIS Capital Holdings Limited is a holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe, Australia and Singapore. It operates in two segments: AXIS Insurance and AXIS Re.

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