Mirabella Financial Services LLP Sells 51,611 Shares of Axis Capital Holdings Limited $AXS

Key Points

• Mirabella Financial Services LLP trimmed its Axis Capital stake by 31.3%, selling 51,611 shares in Q3 and retaining 113,494 shares valued at about $10.87 million (Axis represents ~0.9% of Mirabella’s portfolio).
• Other institutional moves were significant: Woodline Partners added 321,145 shares to hold 484,619 shares (~$46.4M) and Danske Bank opened a new ~ $8.94M position, leaving institutional investors with roughly 93.44% ownership.
• Operational/analyst updates: Axis beat quarterly EPS ($3.25 vs. $2.97) with revenue up 17.8%; Zacks raised 2026–2028 estimates, the company declared a quarterly dividend of $0.44 (1.7% yield), and the consensus rating is a “Moderate Buy” with a $124 target.

Mirabella Financial Services LLP trimmed its stake in shares of Axis Capital Holdings Limited (NYSE:AXS - Free Report) by 31.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 113,494 shares of the insurance provider's stock after selling 51,611 shares during the quarter. Axis Capital comprises about 0.9% of Mirabella Financial Services LLP's portfolio, making the stock its 20th biggest holding. Mirabella Financial Services LLP owned approximately 0.15% of Axis Capital worth $10,873,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Allworth Financial LP raised its stake in Axis Capital by 28.7% in the third quarter. Allworth Financial LP now owns 748 shares of the insurance provider's stock valued at $72,000 after purchasing an additional 167 shares in the last quarter. IFP Advisors Inc grew its stake in Axis Capital by 57.7% during the third quarter. IFP Advisors Inc now owns 2,061 shares of the insurance provider's stock worth $200,000 after buying an additional 754 shares in the last quarter. Swiss Life Asset Management Ltd increased its holdings in Axis Capital by 75.5% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 3,563 shares of the insurance provider's stock valued at $341,000 after buying an additional 1,533 shares during the period. Danske Bank A S bought a new position in Axis Capital in the 3rd quarter valued at about $8,941,000. Finally, Woodline Partners LP raised its position in shares of Axis Capital by 196.5% in the 3rd quarter. Woodline Partners LP now owns 484,619 shares of the insurance provider's stock valued at $46,426,000 after buying an additional 321,145 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Key Axis Capital News

Here are the key news stories impacting Axis Capital this week:

• Positive Sentiment: Zacks raised 2026 quarterly and full‑year EPS: Q1 2026 to $3.17 (from $3.07), Q2 2026 to $3.18 (from $3.13), Q3 2026 to $3.36 (from $3.30), Q4 2026 to $3.47 (from $3.43) and lifted FY2026 to $13.19 (from $12.94). This signals near‑term earnings upside versus prior forecasts. Zacks 2026 estimate upgrades
• Positive Sentiment: Zacks also boosted 2027 quarterly and full‑year estimates: Q2 2027 to $3.47 (from $3.43), Q3 2027 to $3.64 (from $3.61), Q4 2027 to $3.43 and raised FY2027 to $13.94 (from $13.79). These revisions imply continued margin/earnings improvement into FY2027. Zacks 2027 estimate upgrades
• Positive Sentiment: Zacks nudged FY2028 to $15.03 (from $15.01), a modest increase that rounds out a multi‑year upward revision trend and supports a higher earnings runway. Zacks FY2028 revision

Axis Capital Stock Performance

NYSE AXS opened at $101.65 on Thursday. The firm's fifty day moving average price is $102.83 and its two-hundred day moving average price is $100.42. The stock has a market cap of $7.52 billion, a PE ratio of 8.20, a PEG ratio of 2.03 and a beta of 0.61. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.65 and a current ratio of 0.65. Axis Capital Holdings Limited has a fifty-two week low of $84.81 and a fifty-two week high of $110.34.

Axis Capital (NYSE:AXS - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The insurance provider reported $3.25 EPS for the quarter, beating analysts' consensus estimates of $2.97 by $0.28. Axis Capital had a return on equity of 18.72% and a net margin of 15.37%.The company had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $1.33 billion. During the same period in the prior year, the company earned $3.38 EPS. Axis Capital's revenue was up 17.8% compared to the same quarter last year. On average, equities analysts expect that Axis Capital Holdings Limited will post 11.19 EPS for the current fiscal year.

Axis Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.44 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $1.76 annualized dividend and a yield of 1.7%. Axis Capital's dividend payout ratio (DPR) is currently 14.21%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AXS. Mizuho set a $141.00 price objective on shares of Axis Capital in a research note on Monday, February 2nd. Keefe, Bruyette & Woods upped their target price on Axis Capital from $121.00 to $130.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 6th. Bank of America decreased their price target on Axis Capital from $119.00 to $115.00 and set a "neutral" rating on the stock in a research note on Thursday, January 29th. The Goldman Sachs Group reissued a "neutral" rating and set a $110.00 price target on shares of Axis Capital in a report on Wednesday, January 7th. Finally, Jefferies Financial Group restated a "buy" rating and set a $122.00 price objective on shares of Axis Capital in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Axis Capital presently has a consensus rating of "Moderate Buy" and a consensus price target of $124.00.

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.

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