Global Assets Advisory LLC Invests $1.87 Million in AXIS Capital Holdings Limited (NYSE:AXS) – Information Today Online

Global Assets Advisory LLC purchased a newborn function in shares of AXIS Capital Holdings Limited (NYSE:AXS – Free Report) in the prototypal quarter, according to the consort in its most past 13F filing with the Securities and Exchange Commission. The concern purchased 28,799 shares of the shelter provider’s stock, valued at roughly $1,873,000.

Other inclose assets and another institutionalised investors hit also prefabricated changes to their positions in the company. Paragon Capital Management Ltd purchased a newborn function in shares of AXIS Capital during the 1st lodge worth roughly $202,000. Alaska Permanent Fund Corp boosted its function in shares of AXIS Capital by 0.9% during the 1st quarter. Alaska Permanent Fund Corp today owns 56,915 shares of the shelter provider’s hit worth $3,701,000 after acquire an added 491 shares during the period. CWM LLC boosted its function in shares of AXIS Capital by 135.6% during the 1st quarter. CWM LLC today owns 6,694 shares of the shelter provider’s hit worth $435,000 after acquire an added 3,853 shares during the period. Vanguard Group Inc. boosted its function in shares of AXIS Capital by 0.9% during the 4th quarter. Vanguard Group Inc. today owns 8,707,110 shares of the shelter provider’s hit worth $482,113,000 after acquire an added 75,085 shares during the period. Finally, nihilist Sachs Group Inc. boosted its function in shares of AXIS Capital by 1.9% during the 4th quarter. nihilist Sachs Group Inc. today owns 303,481 shares of the shelter provider’s hit worth $16,804,000 after acquire an added 5,578 shares during the period. Institutional investors and inclose assets possess 93.44% of the company’s stock.

Insider Transactions at AXIS Capital

In another news, Director W Marston Becker acquired 3,025 shares of the firm’s hit in a dealings dated Monday, May 6th. The hit was acquired at an cipher outlay of $66.58 per share, with a amount continuance of $201,404.50. Following the transaction, the administrator today owns 21,821 shares in the company, valued at $1,452,842.18. The dealings was unconcealed in a writing filed with the SEC, which is acquirable at this link. In attendant news, Director W Marston Becker purchased 3,025 shares of the business’s hit in a dealings that occurred on Monday, May 6th. The shares were purchased at an cipher outlay of $66.58 per share, for a amount dealings of $201,404.50. Following the purchase, the administrator today direct owns 21,821 shares of the company’s stock, valued at $1,452,842.18. The acquire was unconcealed in a writing filed with the Securities & Exchange Commission, which crapper be accessed finished this link. Also, Director archangel Millegan purchased 1,400 shares of the business’s hit in a dealings that occurred on Tuesday, May 21st. The shares were bought at an cipher toll of $71.49 per share, for a amount dealings of $100,086.00. Following the termination of the purchase, the administrator today direct owns 9,016 shares in the company, valued at $644,553.84. The revealing for this acquire crapper be institute here. In the terminal threesome months, insiders bought 6,425 shares of consort hit valued at $444,351. Insiders possess 0.50% of the company’s stock.

AXIS Capital Stock Performance

Shares of AXS stock unsealed at $71.50 on Wednesday. The hit has a mart estimation of $6.05 billion, a PE ratio of 10.93, a P/E/G ratio of 0.26 and a beta of 0.89. The concern has a 50 punctuation agitated cipher of $68.73 and a two-hundred punctuation agitated cipher of $62.79. AXIS Capital Holdings Limited has a 52 hebdomad baritone of $52.02 and a 52 hebdomad broad of $74.05. The consort has a hurried ratio of 0.62, a underway ratio of 0.62 and a debt-to-equity ratio of 0.38.

AXIS Capital (NYSE:AXS – Get Free Report) terminal free its quarterly earnings accumulation on Thursday, May 2nd. The shelter bourgeois reportable $2.57 earnings per deal (EPS) for the quarter, superior the consensus judge of $2.40 by $0.17. The playing had income of $1.42 1000000000 during the quarter, compared to analysts’ expectations of $1.49 billion. AXIS Capital had a gain edge of 10.34% and a convey on justness of 19.11%. The company’s income for the lodge was up 6.0% on a year-over-year basis. During the aforementioned punctuation in the preceding year, the consort attained $2.33 EPS. On average, investigate analysts prognosticate that AXIS Capital Holdings Limited module place 10.11 EPS for the underway playing year.

AXIS Capital Announces Dividend

The consort also fresh unconcealed a quarterly dividend, which module be paying on Thursday, July 18th. Stockholders of achievement on Friday, June 28th module be presented a dividend of $0.44 per share. The ex-dividend fellow of this dividend is Friday, June 28th. This represents a $1.76 annualized dividend and a dividend consent of 2.46%. AXIS Capital’s dividend payout ratio (DPR) is currently 26.91%.

Wall Street Analyst Weigh In

A sort of investigate firms fresh weighed in on AXS. StockNews.com upraised shares of AXIS Capital from a “hold” judgement to a “buy” judgement in a investigate inform on Friday, May 3rd. author metropolis & Company upraised their toll direct on shares of AXIS Capital from $57.00 to $63.00 and gave the consort an “underweight” judgement in a investigate inform on Friday, May 10th. Finally, Keefe, Bruyette & Woods reissued an “outperform” judgement and issued a $86.00 toll direct on shares of AXIS Capital in a investigate inform on Monday, June 17th. Two assets analysts hit rated the hit with a delude judgement and quaternary hit presented a acquire judgement to the company’s stock. According to MarketBeat, the consort currently has an cipher judgement of “Hold” and an cipher toll direct of $69.33.

Check Out Our Latest Research Report on AXIS Capital

About AXIS Capital

(Free Report)

AXIS Capital Holdings Limited, finished its subsidiaries, provides different specialty shelter and reinsurance products in Bermuda, the United States, and internationally. It operates finished digit segments, Insurance and Reinsurance. The Insurance portion offers professed shelter products that counterbalance directors’ and officers’ liability, errors and omissions, job practices, fiduciary, crime, professed indemnity, scrutiny malpractice, and another playing shelter attendant coverages for advertizement enterprises, playing institutions, not-for-profit organizations, and another professed assist providers; and concept shelter products for advertizement buildings, residential premises, cerebration projects, concept in transit, onshore renewable forcefulness installations, and fleshly alteration and playing gap mass an behave of terrorism.

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