Capital Returns Management LLC Has Decreased Its Axis Capital Holdings LTD (AXS) Position as Stock Declined

AXIS Capital Holdings Limited (NYSE:AXS) LogoInvestors sentiment decreased to 0.94 in Q2 2018. Its down 0.08, from 1.02 in 2018Q1. It fall, as 20 investors sold AXS shares while 97 reduced holdings. 39 funds opened positions while 71 raised stakes. 73.48 million shares or 0.52% less from 73.87 million shares in 2018Q1 were reported. Hermes Inv Ltd reported 12,263 shares. Dekabank Deutsche Girozentrale accumulated 6,668 shares or 0% of the stock. Rbf Capital Ltd holds 0.03% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS) for 5,000 shares. Cornerstone Advsr Inc reported 0.02% in AXIS Capital Holdings Limited (NYSE:AXS). Jacobs Levy Equity Mgmt Inc holds 0.17% or 195,232 shares. Verition Fund Lc accumulated 15,069 shares or 0.05% of the stock. Amp Cap Investors Limited invested in 0.02% or 57,432 shares. Levin Cap Strategies Lp stated it has 0.01% in AXIS Capital Holdings Limited (NYSE:AXS). Utah Retirement reported 0.02% in AXIS Capital Holdings Limited (NYSE:AXS). Asset Mgmt has invested 0.01% in AXIS Capital Holdings Limited (NYSE:AXS). Geode Cap Management Ltd Liability reported 0.01% of its portfolio in AXIS Capital Holdings Limited (NYSE:AXS). Barrow Hanley Mewhinney And Strauss Ltd Liability Company holds 1.68 million shares. Robeco Institutional Asset Mngmt Bv reported 116,265 shares. Bluecrest Capital Management Limited holds 0.01% in AXIS Capital Holdings Limited (NYSE:AXS) or 10,372 shares. Prudential invested in 4,173 shares or 0% of the stock.

Capital Returns Management Llc decreased its stake in Axis Capital Holdings Ltd (AXS) by 14.57% based on its latest 2018Q2 regulatory filing with the SEC. Capital Returns Management Llc sold 66,289 shares as the company’s stock declined 1.97% while stock markets rallied. The hedge fund held 388,711 shares of the property-casualty insurers company at the end of 2018Q2, valued at $21.62 million, down from 455,000 at the end of the previous reported quarter. Capital Returns Management Llc who had been investing in Axis Capital Holdings Ltd for a number of months, seems to be less bullish one the $4.66 billion market cap company. The stock increased 2.90% or $1.57 during the last trading session, reaching $55.76. About 1.07 million shares traded or 57.49% up from the average. AXIS Capital Holdings Limited (NYSE:AXS) has declined 6.01% since December 8, 2017 and is downtrending. It has underperformed by 21.63% the S&P500.

Analysts await AXIS Capital Holdings Limited (NYSE:AXS) to report earnings on February, 6. They expect $0.03 EPS, down 87.50 % or $0.21 from last year’s $0.24 per share. AXS’s profit will be $2.51M for 464.67 P/E if the $0.03 EPS becomes a reality. After $0.96 actual EPS reported by AXIS Capital Holdings Limited for the previous quarter, Wall Street now forecasts -96.88 % negative EPS growth.

More notable recent AXIS Capital Holdings Limited (NYSE:AXS) news were published by: Seekingalpha.com which released: “Axis Capital: Surviving And Thriving – Seeking Alpha” on May 26, 2018, also Seekingalpha.com with their article: “Axis Capital Holdings’ (AXS) CEO Albert Benchimol on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on July 26, 2018, Seekingalpha.com published: “Axis On Sale – Seeking Alpha” on March 16, 2018. More interesting news about AXIS Capital Holdings Limited (NYSE:AXS) were released by: Businesswire.com and their article: “AXIS Capital to Release Third Quarter Financial Results on October 24, 2018 – Business Wire” published on October 04, 2018 as well as Zacks.com‘s news article titled: “Chubb (CB) Provides Q4 Catastrophe Loss Estimate of $195M – Zacks.com” with publication date: December 04, 2018.

AXIS Capital Holdings Limited (NYSE:AXS) Ratings Coverage

Among 3 analysts covering Axis Capital Holdings (NYSE:AXS), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Axis Capital Holdings had 3 analyst reports since June 18, 2018 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Wednesday, November 14 by Morgan Stanley. Citigroup maintained the shares of AXS in report on Thursday, August 2 with “Neutral” rating.

AXIS Capital Holdings Limited (NYSE:AXS) Ratings Chart

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