Wasatch Advisors Inc. lifted its position in Axis Capital Holdings Limited (NYSE:AXS) by 59.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,692 shares of the insurance provider’s stock after acquiring an additional 25,571 shares during the quarter. Wasatch Advisors Inc. owned approximately 0.08% of Axis Capital Holdings Limited worth $3,937,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. lifted its position in shares of Axis Capital Holdings Limited by 1.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,678,214 shares of the insurance provider’s stock valued at $108,514,000 after acquiring an additional 27,465 shares in the last quarter. Northern Trust Corp lifted its position in shares of Axis Capital Holdings Limited by 1.3% in the 2nd quarter. Northern Trust Corp now owns 1,143,841 shares of the insurance provider’s stock valued at $73,960,000 after acquiring an additional 14,526 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Axis Capital Holdings Limited by 2,474.1% in the 3rd quarter. Bessemer Group Inc. now owns 819,192 shares of the insurance provider’s stock valued at $46,948,000 after acquiring an additional 787,368 shares in the last quarter. Swiss National Bank lifted its position in shares of Axis Capital Holdings Limited by 0.3% in the 3rd quarter. Swiss National Bank now owns 759,346 shares of the insurance provider’s stock valued at $43,518,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of Axis Capital Holdings Limited by 5,369.7% in the 2nd quarter. Janus Henderson Group PLC now owns 695,588 shares of the insurance provider’s stock valued at $44,976,000 after acquiring an additional 682,871 shares in the last quarter. Institutional investors and hedge funds own 86.59% of the company’s stock.

Shares of Axis Capital Holdings Limited (NYSE:AXS) opened at $51.66 on Friday. Axis Capital Holdings Limited has a 12-month low of $51.20 and a 12-month high of $71.06. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.51 and a quick ratio of 0.51.

Axis Capital Holdings Limited (NYSE:AXS) last released its earnings results on Wednesday, October 25th. The insurance provider reported ($5.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($5.34) by ($0.01). Axis Capital Holdings Limited had a negative return on equity of 2.59% and a negative net margin of 4.55%. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $972.10 million. During the same quarter in the previous year, the company earned $1.78 EPS. equities research analysts expect that Axis Capital Holdings Limited will post -2.2 EPS for the current fiscal year.

AXS has been the subject of several research analyst reports. MKM Partners cut their target price on shares of Axis Capital Holdings Limited from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday, October 18th. Bank of America Corporation cut their target price on shares of Axis Capital Holdings Limited from $73.00 to $67.00 and set a “buy” rating for the company in a research report on Friday, October 13th. TheStreet downgraded shares of Axis Capital Holdings Limited from a “b-” rating to a “c” rating in a research report on Wednesday, October 25th. Morgan Stanley cut their target price on shares of Axis Capital Holdings Limited from $70.00 to $61.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 31st. Finally, ValuEngine downgraded shares of Axis Capital Holdings Limited from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $61.45.

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Axis Capital Holdings Limited Company Profile

AXIS Capital Holdings Limited is a holding company. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe and Singapore. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re.

Institutional Ownership by Quarter for Axis Capital Holdings Limited (NYSE:AXS)

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