AXIS Capital Holdings Limited (NYSE:AXS) Shares Bought by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. lifted its position in shares of AXIS Capital Holdings Limited (NYSE:AXS - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,749,627 shares of the insurance provider's stock after acquiring an additional 111,187 shares during the period. Fuller & Thaler Asset Management Inc. owned about 2.09% of AXIS Capital worth $155,052,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new stake in shares of AXIS Capital during the fourth quarter worth $53,000. Versant Capital Management Inc raised its stake in AXIS Capital by 24.0% during the fourth quarter. Versant Capital Management Inc now owns 671 shares of the insurance provider's stock worth $59,000 after acquiring an additional 130 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in AXIS Capital by 73.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 671 shares of the insurance provider's stock worth $59,000 after acquiring an additional 285 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in AXIS Capital in the fourth quarter valued at approximately $60,000. Finally, Assetmark Inc. bought a new position in shares of AXIS Capital during the fourth quarter valued at approximately $70,000. 93.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Charles A. Davis sold 2,139,037 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $93.50, for a total transaction of $199,999,959.50. Following the completion of the transaction, the director now owns 2,404,133 shares in the company, valued at approximately $224,786,435.50. This trade represents a 47.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AXS. Jefferies Financial Group boosted their price objective on AXIS Capital from $116.00 to $119.00 and gave the company a "buy" rating in a research report on Friday, April 11th. Keefe, Bruyette & Woods lowered their price target on shares of AXIS Capital from $120.00 to $114.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. StockNews.com raised shares of AXIS Capital from a "hold" rating to a "buy" rating in a report on Saturday, April 12th. JMP Securities reissued a "market perform" rating on shares of AXIS Capital in a research note on Monday, February 3rd. Finally, BMO Capital Markets started coverage on shares of AXIS Capital in a research note on Monday, January 13th. They issued a "market perform" rating and a $93.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, AXIS Capital presently has an average rating of "Moderate Buy" and a consensus target price of $106.75.

AXIS Capital Stock Up 4.4 %

AXS stock opened at $95.99 on Wednesday. The firm's 50-day moving average is $94.34 and its two-hundred day moving average is $89.78. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 7.77, a price-to-earnings-growth ratio of 3.96 and a beta of 0.67. AXIS Capital Holdings Limited has a 52 week low of $60.64 and a 52 week high of $101.42. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.27.

AXIS Capital (NYSE:AXS - Get Free Report) last announced its earnings results on Wednesday, January 29th. The insurance provider reported $2.97 EPS for the quarter, topping the consensus estimate of $2.68 by $0.29. AXIS Capital had a return on equity of 18.89% and a net margin of 18.16%. On average, analysts forecast that AXIS Capital Holdings Limited will post 11.19 earnings per share for the current fiscal year.

AXIS Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were paid a dividend of $0.44 per share. The ex-dividend date was Monday, March 31st. This represents a $1.76 annualized dividend and a yield of 1.83%. AXIS Capital's dividend payout ratio is currently 14.25%.

About AXIS Capital

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.

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