ATH - Athene Holding Ltd.

NYSE - NYSE Delayed Price. Currency in USD
42.49
-0.01 (-0.02%)
At close: 4:01PM EDT
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Previous Close42.50
Open42.50
Bid42.51 x 900
Ask42.51 x 4000
Day's Range42.47 - 43.18
52 Week Range36.00 - 53.46
Volume2,120,716
Avg. Volume1,246,836
Market Cap7.928B
Beta (3Y Monthly)0.99
PE Ratio (TTM)4.27
EPS (TTM)9.96
Earnings DateOct 29, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est53.93
Trade prices are not sourced from all markets
  • Business Wire

    AM Best Assigns Issue Credit Rating to Athene Holding Ltd.’s New Preferred Stock

    AM Best has assigned a Long-Term Issue Credit Rating of “bb+” to the $300 million, 5.625%, perpetual, non-cumulative preferred stock, Series B, recently issued by Athene Holding Ltd.

  • Business Wire

    Athene Holding Ltd. Announces the Pricing of an Offering of 12,000,000 Depositary Shares Representing an Interest in Series B Preference Shares

    Athene Holding Ltd. (“Athene”) today announced the pricing of its public offering of 12,000,000 depositary shares, each representing a 1/1,000th interest in its 5.625% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series B, $1.00 par value and $25,000 liquidation preference per share (equivalent to $25.00 per depositary share), for an aggregate public offering price of $300,000,000. Athene intends to list the depositary shares on the New York Stock Exchange (“NYSE”) under the ticker symbol “ATHPrB.” Athene has granted the underwriters the option to purchase up to 1,800,000 additional depositary shares solely to cover over-allotments, if any, prior to the closing of the offering. Athene intends to use the net proceeds from the offering for general corporate purposes, including, but not limited to, supporting growth from both organic and inorganic channels and its commitment to Athene Co-Invest Reinsurance Affiliate.

  • General Electric's (GE) GECAS Unit to Divest PK AirFinance
    Zacks

    General Electric's (GE) GECAS Unit to Divest PK AirFinance

    General Electric's (GE) financial services unit GE Capital's divestment of PK AirFinance will help it progress on its plan to divest assets worth $10 billion in 2019.

  • General Electric Takes Another Step In Massive Turnaround Campaign
    Investor's Business Daily

    General Electric Takes Another Step In Massive Turnaround Campaign

    GE's Capital Aviation Services unit is selling its PK AirFinance business to Apollo Global Management and Athene Holding.

  • GE Capital Sells PK AirFinance to APO and ATH
    Market Realist

    GE Capital Sells PK AirFinance to APO and ATH

    Today, General Electric announced the sale of GE Capital's PK AirFinance to Apollo Global Management and Athene Holding. All three stocks rose on the news.

  • GE sells aviation lending unit to Apollo, Athene
    American City Business Journals

    GE sells aviation lending unit to Apollo, Athene

    GE has been significantly downsizing GE Capital, once one of the largest financial services companies in the U.S., for years.

  • GE Sells $3.6 Billion Air Finance Asset to Apollo, Athene
    Bloomberg

    GE Sells $3.6 Billion Air Finance Asset to Apollo, Athene

    (Bloomberg) -- General Electric Co. agreed to sell an aircraft-financing business to Apollo Global Management LLC and Athene Holding Ltd. as the ailing manufacturer slims down its once-vast lending arm.Apollo will acquire PK AirFinance, a subsidiary of GE’s broader aircraft-leasing business known as Gecas, while Athene will buy a related portfolio of loans, the companies said Thursday in a statement. The deal is expected to close in the fourth quarter.While financial terms of the deal weren’t disclosed, the companies said that $3.6 billion of PK AirFinance’s financing receivables would be sold above book value. Bloomberg News reported last month that Apollo and Starwood Capital Group were among the bidders for the unit, in a deal that could fetch around $4 billion.The sale accelerates the dismantling of GE’s finance operation as Chief Executive Officer Larry Culp reorients the company around equipment manufacturing. GE has been moving away from lending since the 2008 financial crisis, though it has resisted selling its aircraft-leasing assets.“This sale is aligned to GE Capital’s overall strategy to become smaller and simpler, and our commitment to reduce our assets by $10 billion in 2019 is now more than halfway complete,” GE Capital CEO Alec Burger said in the statement. The company continues to focus on reducing its debt-to-equity ratio, he said.What Bloomberg Intelligence Says“General Electric continues to seek opportunities to raise cash, with the PK AirFinance sale another positive step toward shrinking its finance subsidiary. We expect GE to keep most of Gecas and may still divest some smaller units.”\-- Karen Ubelhart, Christina Constantino, industry analystsClick here to read the researchGE shares rose 2.3% to $8.13 at 12:28 p.m. in New York. The stock had climbed 9.1% this year through Wednesday, having dropped sharply in the past two weeks after accounting investigator Harry Markopolos accused the company of fraud. GE denied the allegation. The S&P 500 Index has advanced 15% this year.Apollo, which has sought $1 billion for a new aircraft-finance fund, had previously expressed interest in GE’s jet-leasing assets. Culp has said he doesn’t intend to sell all of GE Capital Aviation Services, which is one of the world’s largest plane-leasing companies.PK AirFinance specializes in loans secured by commercial aircraft, engines and helicopters. It has exposure to more than 320 planes and more than 50 engines across the globe, with a principal focus on Asia, Europe, the Middle East and Africa. The company’s investment employees will move to Apollo.The operation traces its roots to 1979, when it was established by a Swedish bank that dubbed the business, PK-Banken. In 1988, the company was renamed Crédit Lyonnais/PK Airfinance after the French lender acquired a majority stake. GE bought the unit in 2000.(Updates with analyst’s comment in quote box)To contact the reporter on this story: Richard Clough in New York at rclough9@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Tony RobinsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    Apollo and Athene to Acquire PK AirFinance From GECAS

    NEW YORK, Aug. 29, 2019 -- Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO); Athene Holding Ltd. (NYSE: ATH); and GE Capital,.

  • Thomson Reuters StreetEvents

    Edited Transcript of ATH.N earnings conference call or presentation 5-Aug-19 2:00pm GMT

    Q2 2019 Athene Holding Ltd Earnings Call

  • Alan Fournier Exits Athene, Trims Alphabet
    GuruFocus.com

    Alan Fournier Exits Athene, Trims Alphabet

    Guru's largest sales of the 2nd quarter Continue reading...

  • Did You Manage To Avoid Athene Holding's (NYSE:ATH) 23% Share Price Drop?
    Simply Wall St.

    Did You Manage To Avoid Athene Holding's (NYSE:ATH) 23% Share Price Drop?

    It's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...

  • Business Wire

    Athene Holding Ltd. Declares Third Quarter 2019 Preferred Stock Dividend

    Athene Holding Ltd. announced that it has declared a dividend on its 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A in the amount of $485.07 per share , payable on September 30, 2019 to holders of record as of the close of business on September 15, 2019.

  • Athene (ATH) Q2 2019 Earnings Call Transcript
    Motley Fool

    Athene (ATH) Q2 2019 Earnings Call Transcript

    ATH earnings call for the period ending June 30, 2019.

  • Athene Holding Ltd. (ATH) Q2 Earnings Beat Estimates
    Zacks

    Athene Holding Ltd. (ATH) Q2 Earnings Beat Estimates

    Athene Holding Ltd. (ATH) delivered earnings and revenue surprises of 7.73% and -0.42%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • ACCESSWIRE

    Athene Holding Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 5, 2019 / Athene Holding Ltd. (NYSE: ATH ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 5, 2019 at 10:00 AM Eastern ...

  • Business Wire

    Athene Holding Ltd. Reports Second Quarter 2019 Results

    Athene Holding Ltd. , a leading provider of retirement savings products, announced financial results for the second quarter 2019.

  • Athene Holding Ltd. (ATH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Athene Holding Ltd. (ATH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Athene Holding Ltd. (ATH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GuruFocus.com

    5 Cheap Stocks With Low Price-Earnings Ratios

    Micron on the list Continue reading...

  • KG Funds Management’s Return, AUM, and Holdings
    Insider Monkey

    KG Funds Management’s Return, AUM, and Holdings

    KG Funds Management is an event-driven hedge fund established in December 2008, with its headquarters in New York. The fund was co-founded by Ike Kier, the current CEO, and Ilya Zaides, its present CIO and Portfolio Manager. Ilya Zaides holds a bachelor’s degree in Economics from Berkeley University of California, and J.D. from New York […]