Short Interest: Axis Capital Holders Limited (NYSE:AXS) Could Improve Your Long Portfolio After Less Shorts Reported

November 25, 2016 - By Dolores Ford   ·   0 Comments

Short Interest: Axis Capital Holders Limited (NYSE:AXS) Could Improve Your Long Portfolio After Less Shorts Reported

The stock of Axis Capital Holders Limited (NYSE:AXS) registered a decrease of 5.02% in short interest. AXS’s total short interest was 1.44 million shares in November as published by FINRA. Its down 5.02% from 1.51 million shares, reported previously. With 383,500 shares average volume, it will take short sellers 4 days to cover their AXS’s short positions. The stock increased 0.15% or $0.09 on November 23, hitting $61.15. Axis Capital Holdings Limited (NYSE:AXS) has risen 11.71% since April 22, 2016 and is uptrending. It has outperformed by 6.30% the S&P500.

AXIS Capital Holdings Limited is a holding firm for the AXIS group of companies. The company has a market cap of $5.42 billion. The Firm provides a range of specialty insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe, Australia and Singapore. It has a 12.14 P/E ratio. It operates in two divisions: AXIS Insurance and AXIS Re.

Insitutional Activity: The institutional sentiment decreased to 0.9 in 2016 Q2. Its down 0.02, from 0.92 in 2016Q1. The ratio worsened, as 21 funds sold all Axis Capital Holdings Limited shares owned while 99 reduced positions. 18 funds bought stakes while 92 increased positions. They now own 80.06 million shares or 0.74% more from 79.47 million shares in 2016Q1.
Moreover, Walleye Trading Lc has 0% invested in Axis Capital Holdings Limited (NYSE:AXS) for 5,206 shares. Colony Gru Limited Co holds 0.94% of its portfolio in Axis Capital Holdings Limited (NYSE:AXS) for 155,620 shares. Shinko Asset Limited holds 0% or 252 shares in its portfolio. Blackrock Llc has 0.02% invested in the company for 396,979 shares. Arizona State Retirement Sys accumulated 64,200 shares or 0.05% of the stock. Moreover, Leavell Invest has 0.04% invested in Axis Capital Holdings Limited (NYSE:AXS) for 5,000 shares. Creative Planning has invested 0% of its portfolio in Axis Capital Holdings Limited (NYSE:AXS). Blackrock Fund Advisors has invested 0.03% of its portfolio in Axis Capital Holdings Limited (NYSE:AXS). The Utah-based Wasatch has invested 0.05% in Axis Capital Holdings Limited (NYSE:AXS). Chicago Equity Prtn Ltd Liability Com accumulated 0.01% or 6,070 shares. Clear Harbor Asset Mgmt Ltd Limited Liability Company owns 175,864 shares or 2.1% of their US portfolio. Leuthold Grp Inc Limited Co last reported 0.16% of its portfolio in the stock. Regentatlantic Capital Ltd Co accumulated 0.07% or 12,988 shares. Korea Investment accumulated 0.05% or 148,100 shares. Amp Cap last reported 0.06% of its portfolio in the stock.

Insider Transactions: Since September 2, 2016, the stock had 0 insider buys, and 4 selling transactions for $5.81 million net activity. $30,520 worth of shares were sold by DiSipio Christopher N. on Wednesday, November 16. BUTT MICHAEL A sold $2.87M worth of Axis Capital Holdings Limited (NYSE:AXS) on Friday, September 2. $583,975 worth of Axis Capital Holdings Limited (NYSE:AXS) was sold by Gieryn Richard T JR.

Axis Capital Holdings Limited (NYSE:AXS) Ratings Coverage

Out of 7 analysts covering Axis Capital Holdings Limited (NYSE:AXS), 1 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 14% are positive. Axis Capital Holdings Limited has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. JMP Securities downgraded Axis Capital Holdings Limited (NYSE:AXS) on Tuesday, January 19 to “Mkt Perform” rating. The stock of Axis Capital Holdings Limited (NYSE:AXS) earned “Neutral” rating by Janney Capital on Thursday, May 26. The firm has “Neutral” rating by Citigroup given on Thursday, February 4. The stock has “Sell” rating given by Goldman Sachs on Tuesday, November 15. The firm has “Sell” rating given on Tuesday, November 22 by Citigroup. The stock of Axis Capital Holdings Limited (NYSE:AXS) has “Neutral” rating given on Tuesday, February 16 by UBS. The firm has “Equal-Weight” rating given on Friday, August 14 by Morgan Stanley. Janney Capital upgraded Axis Capital Holdings Limited (NYSE:AXS) on Thursday, July 30 to “Buy” rating.

AXS Company Profile

AXIS Capital Holdings Limited, incorporated on December 9, 2002, is a holding firm for the AXIS group of companies. The Firm provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe, Australia and Singapore. The Firm operates in two divisions: AXIS Insurance and AXIS Re. The Firm also has marketing offices in Brazil, France and Spain.

More news for Axis Capital Holdings Limited (NYSE:AXS) were recently published by: Insurancejournal.com, which released: “AXIS Capital’s New Bermuda Operation, Harrington Re, Raises $600M” on July 06, 2016. Businesswire.com‘s article titled: “John Tatum Joins AXIS Insurance as Executive Vice President & Head of U.S …” and published on July 28, 2016 is yet another important article.

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By Dolores Ford


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