AXIS Capital
About: Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
Employees: 2,048
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
557% more call options, than puts
Call options by funds: $5.86M | Put options by funds: $891K
82% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 34
14% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 8 (+1) [Q3]
10% more capital invested
Capital invested by funds: $5.65B [Q2] → $6.23B (+$586M) [Q3]
9% more funds holding
Funds holding: 318 [Q2] → 346 (+28) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 119
1.89% less ownership
Funds ownership: 94.46% [Q2] → 92.57% (-1.89%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Keefe, Bruyette & Woods Meyer Shields 79% 1-year accuracy 70 / 89 met price target | 11%upside $96 | Outperform Maintained | 6 Nov 2024 |
UBS Brian Meredith 93% 1-year accuracy 37 / 40 met price target | 13%upside $98 | Buy Maintained | 4 Nov 2024 |
B of A Securities Joshua Shanker 62% 1-year accuracy 33 / 53 met price target | 11%upside $96 | Buy Maintained | 10 Oct 2024 |
Wells Fargo Elyse Greenspan 77% 1-year accuracy 66 / 86 met price target | 10%downside $78 | Underweight Maintained | 10 Oct 2024 |
Jefferies Yaron Kinar 69% 1-year accuracy 11 / 16 met price target | 10%upside $95 | Buy Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 12 articles about AXS published over the past 30 days