Is Axis Capital Holders Limited (NYSE:AXS)’s Fuel Running High? Reports Show Less Sellers

December 7, 2017 - By Linda Rogers

 Is Axis Capital Holders Limited (NYSE:AXS)’s Fuel Running High? Reports Show Less Sellers

Investors sentiment is 0.85 in Q2 2017. Its the same as in 2017Q1. It is the same, 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.
60,998 were reported by Nomura Asset Mgmt Ltd. Commercial Bank Of Mellon has invested 0.01% in AXIS Capital Holdings Limited (NYSE:AXS). Qs Investors Limited Com stated it has 73,730 shares. Schroder Investment Grp Inc stated it has 12,390 shares or 0% of all its holdings. Donald Smith And, a New York-based fund reported 406,700 shares. Rbf Cap Ltd Liability Com holds 5,000 shares. Pacad Inv Ltd reported 0.09% in AXIS Capital Holdings Limited (NYSE:AXS). Jane Street Gp Ltd Liability Com reported 0.01% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS). Moreover, British Columbia Corp has 0.05% invested in AXIS Capital Holdings Limited (NYSE:AXS) for 99,217 shares. Pnc Group Incorporated reported 0% in AXIS Capital Holdings Limited (NYSE:AXS). Mackenzie Fin invested in 22,085 shares or 0.01% of the stock. Moreover, Wasatch has 0.04% invested in AXIS Capital Holdings Limited (NYSE:AXS). Johnson Inv Counsel holds 62,470 shares or 0.11% of its portfolio. Brandywine Glob Mngmt Lc invested in 326,269 shares or 0.13% of the stock. Point72 Asia (Hong Kong) invested in 80 shares or 0.01% of the stock.

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 1.55M 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. The stock of AXIS Capital Holdings Limited (NYSE:AXS) earned “Sell” rating by Citigroup on Tuesday, November 22. Morgan Stanley reinitiated the stock with “Equal-Weight” rating in Friday, August 14 report. As per Wednesday, July 5, the company rating was maintained by Wells Fargo. The firm has “Buy” rating given on Wednesday, October 18 by M Partners. Buckingham Research initiated it with “Hold” rating and $58.0 target in Monday, September 11 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, October 12. Citigroup upgraded the shares of AXS in report on Tuesday, September 12 to “Neutral” rating. On Thursday, July 13 the stock rating was maintained by Citigroup with “Sell”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, December 4. The firm earned “Sell” rating on Tuesday, November 15 by Goldman Sachs.

More notable recent AXIS Capital Holdings Limited (NYSE:AXS) news were published by: Businessinsurance.com which released: “2017 Women to Watch: Tracy Harrington Cloud” on December 04, 2017, also Prnewswire.com with their article: “Pre-Market Technical Recap on Insurance Stocks — AXIS Capital, MBIA, Old …” published on November 08, 2017, Businesswire.com published: “AXIS Capital Launches Offering of Senior Notes” on November 27, 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 Prices Offering of $350.0 Million of 4.000% Senior Notes Due 2027” with publication date: November 29, 2017.

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