AXIS CapitalAXS
Market Cap: $6.49B
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 Q2 SEC filings by fund managers ($100M+ AUM)
521% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $2.96M
50% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 6 (+2) [Q2]
8% more capital invested
Capital invested by funds: $5.16B [Q1] → $5.57B (+$417M) [Q2]
1% less funds holding
Funds holding: 318 [Q1] → 316 (-2) [Q2]
0.8% less ownership
Funds ownership: 94.0% [Q1] → 93.2% (-0.8%) [Q2]
5% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 44
23% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 132
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Elyse Greenspan 75% 1-year accuracy 52 / 69 met price target | 4%downside $74 | Underweight Maintained | 12 Aug 2024 |
Keefe, Bruyette & Woods Meyer Shields 79% 1-year accuracy 62 / 78 met price target | 15%upside $88 | Outperform Maintained | 7 Aug 2024 |
Roth MKM Harry Fong 96% 1-year accuracy 22 / 23 met price target | 17%upside $90 | Buy Maintained | 31 Jul 2024 |
B of A Securities Joshua Shanker 56% 1-year accuracy 20 / 36 met price target | 2%upside $78 | Buy Maintained | 11 Jul 2024 |
UBS Brian Meredith 88% 1-year accuracy 28 / 32 met price target | 11%upside $85 | Buy Maintained | 9 Jul 2024 |
Financial journalist opinion
Based on 26 articles about AXS published over the past 30 days