AXIS Capital (AXS)

• Market cap: $7.77B
• 1 day: -1.30%
• 5 days: -0.02%
• 1 month: 11.13%
• 3 months: 21.03%
• 6 months: 28.79%
• Year to date: 67.93%
• 1 year: 65.30%
• 5 years: 58.28%
• 10 years: 80.85%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

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

94% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 33

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] → $6.24B (+$590M) [Q3]

10% more funds holding

Funds holding: 318 [Q2] → 349 (+31) [Q3]

6% more repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 119

1.83% less ownership

Funds ownership: 94.46% [Q2] → 92.62% (-1.83%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $78 16% downside
• Avg. target: $98 6% upside
• High target: $127 37% upside

6 analyst ratings

• positive: 5 83%
• neutral: 0 0%
• negative: 1 17%

TD Cowen Andrew Kligerman 82% 1-year accuracy 9 / 11 met price target	37% upside $127	Buy Maintained	27 Nov 2024
Keefe, Bruyette & Woods Meyer Shields 81% 1-year accuracy 67 / 83 met price target	3% upside $96	Outperform Maintained	6 Nov 2024
UBS Brian Meredith 93% 1-year accuracy 27 / 29 met price target	6% upside $98	Buy Maintained	4 Nov 2024
B of A Securities Joshua Shanker 63% 1-year accuracy 32 / 51 met price target	3% upside $96	Buy Maintained	10 Oct 2024
Wells Fargo Elyse Greenspan 76% 1-year accuracy 53 / 70 met price target	16% downside $78	Underweight Maintained	10 Oct 2024