AXIS Capital Holdings Limited (NYSE:AXS) Shares Acquired by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. raised its holdings in AXIS Capital Holdings Limited (NYSE:AXS - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,749,627 shares of the insurance provider's stock after buying an additional 111,187 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 2.09% of AXIS Capital worth $155,052,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in AXIS Capital by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,144,247 shares of the insurance provider's stock valued at $367,265,000 after buying an additional 17,764 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in AXIS Capital by 0.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,444,128 shares of the insurance provider's stock valued at $305,219,000 after purchasing an additional 12,571 shares during the period. American Century Companies Inc. grew its position in shares of AXIS Capital by 1.7% during the fourth quarter. American Century Companies Inc. now owns 3,178,512 shares of the insurance provider's stock worth $281,680,000 after purchasing an additional 53,514 shares in the last quarter. Jennison Associates LLC raised its position in shares of AXIS Capital by 1.6% during the fourth quarter. Jennison Associates LLC now owns 1,650,965 shares of the insurance provider's stock valued at $146,309,000 after buying an additional 25,908 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of AXIS Capital during the fourth quarter valued at approximately $88,175,000. 93.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. JMP Securities restated a "market perform" rating on shares of AXIS Capital in a research report on Monday, February 3rd. UBS Group boosted their target price on shares of AXIS Capital from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Keefe, Bruyette & Woods lowered their target price on shares of AXIS Capital from $120.00 to $114.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. StockNews.com raised shares of AXIS Capital from a "hold" rating to a "buy" rating in a research note on Saturday, April 12th. Finally, Wells Fargo & Company boosted their target price on shares of AXIS Capital from $97.00 to $100.00 and gave the company an "equal weight" rating in a research note on Thursday, April 10th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $106.75.

Insiders Place Their Bets

In related news, Director Charles A. Davis sold 2,234,636 shares of AXIS Capital stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $89.50, for a total value of $199,999,922.00. Following the completion of the sale, the director now directly owns 4,543,170 shares in the company, valued at $406,613,715. This trade represents a 32.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is currently owned by corporate insiders.

AXIS Capital Stock Up 0.8 %

Shares of AXS stock traded up $0.77 on Monday, hitting $95.65. The stock had a trading volume of 123,858 shares, compared to its average volume of 729,207. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $94.61 and a 200 day moving average price of $90.17. The company has a market cap of $7.52 billion, a PE ratio of 7.74, a P/E/G ratio of 3.96 and a beta of 0.67. AXIS Capital Holdings Limited has a one year low of $60.85 and a one year high of $101.42.

AXIS Capital (NYSE:AXS - Get Free Report) last announced its earnings results on Wednesday, January 29th. The insurance provider reported $2.97 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.29. AXIS Capital had a net margin of 18.16% and a return on equity of 18.89%. Research analysts anticipate that AXIS Capital Holdings Limited will post 11.19 earnings per share for the current fiscal year.

AXIS Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were issued a $0.44 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.76 dividend on an annualized basis and a yield of 1.84%. AXIS Capital's dividend payout ratio is presently 14.25%.

About AXIS Capital

AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism.