How Analysts Feel About Axis Capital Holders Limited (NYSE:AXS) After Decrease in Sellers?

December 7, 2017 - By Louis Casey

 How Analysts Feel About Axis Capital Holders Limited (NYSE:AXS) After Decrease in Sellers?

Investors sentiment is 0.85 in Q2 2017. Its the same as in 2017Q1. It has no change, as 18 investors sold AXIS Capital Holdings Limited shares while 106 reduced holdings. only 31 funds opened positions while 74 raised stakes. 70.20 million shares or 3.84% less from 73.00 million shares in 2017Q1 were reported.
Gareth Morgan Limited Partnership accumulated 26,986 shares. Alliancebernstein Lp invested 0% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS). Regentatlantic Lc reported 12,658 shares stake. Brandywine Global Investment Mngmt Ltd Liability Com owns 326,269 shares or 0.13% of their US portfolio. Quantitative Invest Mngmt Limited Liability Company owns 52,600 shares for 0.05% of their portfolio. Prudential Incorporated holds 0.01% or 105,762 shares. Federated Investors Pa has invested 0% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS). Blackrock has invested 0.02% in AXIS Capital Holdings Limited (NYSE:AXS). Panagora Asset Management holds 0% or 5,551 shares. Jpmorgan Chase And reported 574,456 shares. Lsv Asset Mngmt has invested 0.21% in AXIS Capital Holdings Limited (NYSE:AXS). Point72 Asia (Hong Kong) has 80 shares for 0.01% of their portfolio. Rbf Limited Liability Company owns 5,000 shares. California-based Natl Planning Corp has invested 0.15% in AXIS Capital Holdings Limited (NYSE:AXS). Franklin stated it has 0.02% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS).

The stock of Axis Capital Holders Limited (NYSE:AXS) registered a decrease of 30.93% in short interest. AXS’s total short interest was 1.07 million shares in December as published by FINRA. Its down 30.93% from 1.55 million shares, reported previously. With 805,400 shares average volume, it will take short sellers 1 days to cover their AXS’s short positions.

The stock decreased 0.92% or $0.46 during the last trading session, reaching $49.8. About 1.10 million shares traded or 34.63% up from the average. AXIS Capital Holdings Limited (NYSE:AXS) has risen 17.55% since December 7, 2016 and is uptrending. It has outperformed by 0.85% the S&P500.

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide. The company has market cap of $4.14 billion. It operates through two divisions, Insurance and Reinsurance. It currently has negative earnings. The Insurance segment offers property insurance for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance covering offshore energy, cargo, liability, recreational marine, fine art, specie, hull, and war; and terrorism, aviation, credit and political risk, and liability insurance.

AXIS Capital Holdings Limited (NYSE:AXS) Ratings Coverage

Among 13 analysts covering Axis Capital Holdings Limited (NYSE:AXS), 3 have Buy rating, 4 Sell and 6 Hold. Therefore 23% are positive. Axis Capital Holdings Limited had 34 analyst reports since July 30, 2015 according to SRatingsIntel. On Tuesday, September 12 the stock rating was upgraded by Citigroup to “Neutral”. The rating was maintained by Citigroup with “Neutral” on Monday, October 2. On Wednesday, October 18 the stock rating was maintained by M Partners with “Buy”. The firm earned “Sell” rating on Tuesday, November 15 by Goldman Sachs. UBS downgraded the stock to “Sell” rating in Monday, January 9 report. The firm has “Buy” rating by Janney Capital given on Thursday, July 30. The stock has “Buy” rating by Bank of America on Friday, October 13. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, June 2. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, October 27. The stock of AXIS Capital Holdings Limited (NYSE:AXS) has “Hold” rating given on Monday, December 4 by Keefe Bruyette & Woods.

More notable recent AXIS Capital Holdings Limited (NYSE:AXS) news were published by: Businesswire.com which released: “AXIS Capital Prices Offering of $350.0 Million of 4.000% Senior Notes Due 2027” on November 29, 2017, also Businessinsurance.com with their article: “2017 Women to Watch: Tracy Harrington Cloud” published on December 04, 2017, Nasdaq.com published: “AXIS Capital Holdings (AXS) Passes Through 3% Yield Mark” on December 05, 2017. More interesting news about AXIS Capital Holdings Limited (NYSE:AXS) were released by: Businesswire.com and their article: “AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares” published on December 07, 2017 as well as Businesswire.com‘s news article titled: “AXIS Capital Launches Offering of Senior Notes” with publication date: November 27, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.