Equity investment – Brl Speak http://brlspeak.net/ Wed, 15 Jun 2022 08:20:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://brlspeak.net/wp-content/uploads/2021/11/brl-160x160.png Equity investment – Brl Speak http://brlspeak.net/ 32 32 American Equity Investment Life: Declaration of Changes in Beneficial Ownership (Form 4) https://brlspeak.net/american-equity-investment-life-declaration-of-changes-in-beneficial-ownership-form-4/ Tue, 14 Jun 2022 20:23:47 +0000 https://brlspeak.net/american-equity-investment-life-declaration-of-changes-in-beneficial-ownership-form-4/ Property Submission FORM 4 Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed […]]]>







Property Submission

FORM 4

Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed under Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average charge hours per response…0.5

1. Name and address of reporting person *

Matula Alan David

2. Name of issuer and stock symbol or trading symbol
AMERICAN EQUITY INVESTMENT LIFE HOLDING CO [AEL]

5. Relationship between the reporting person(s) and the issuer
(Check all that apply)

__X__ Director

_____ 10% Owner

_____ Officer (indicate title below)

_____ Other (specify below)

(Last)

(First)

(Environment)

6000 WEST DRIVE

3. Date of first transaction (month/day/year)

(Street)

WEST OF THE MONKS

AI

50266

4. In case of modification, date of filing of the original (month/day/year)

6. Individual or joint/group filing (check applicable row)
_X_ Form filed by a reporting person
___ Form filed by more than one declarant

Table I – Non-derivative securities acquired, sold or beneficially owned

1. Title of guarantee

2. Transaction date (month/day/year)

2A. Deemed execution date, if applicable (month/day/year)

3. Transaction code

4. Securities acquired (A) or transferred (D)

5. Amount of securities beneficially owned as a result of the reported transaction(s)

6. Form of ownership: direct (D) or indirect (I)

7. Nature of Indirect Beneficial Ownership

Coded

V

Rising

(A) or (D)

Price

Table II – Beneficial ownership derivative securities (for exampleputs, calls, warrants, options, convertible securities)
(for exampleputs, calls, warrants, options, convertible securities)

1. Title of derivative title

2. Conversion or exercise price of the derivative security

3. Transaction date (month/day/year)

3A. Deemed execution date, if applicable (month/day/year)

4. Transaction code

5. Number of derivative securities acquired (A) or sold (D)

6. Exercise date and expiry date

7. Title and amount of the securities underlying the derivative securities

8. Price of derivative securities

9. Number of derivative securities beneficially owned as a result of reported transactions

10. Form of ownership of derivative securities: direct (D) or indirect (I)

11. Nature of Indirect Beneficial Ownership

Coded

V

(A)

(D)

Exercise date

Expiration date

Title

Amount or number of shares

Reporting owners

Name/address of declaring owner Relationships

Director

10% Owner

Officer

Other

Matula Alan David
6000 WEST DRIVE

WEST OF THE MONKS, IA50266

X

Signatures

/s/ Mark A. Schuman, authorized representative

2022-06-14

**Signature of declaring person

Date

Explanation of answers:

If the form is completed by several declarants, see

Section 5(b)(v).

(**) Intentional misrepresentation or omission of facts are federal criminal offenses. See

18 USC 1001 and 15 USC 78ff(a).

(1)

Restricted shares vest earlier than the anniversary of the grant date or AEL’s annual meeting of shareholders in 2023. Note: Submit three copies of this form, one of which must be manually signed. If space is insufficient, See

Instruction 6 for the procedure. Potential individuals who need to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

Disclaimer American Equity Investment Life Holding Company published this content on June 14, 2022 and is solely responsible for the information contained therein. Distributed byAudience unedited and unmodified, onJun 14, 2022 8:22:03 PM UTC

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Public now 2022

All news from AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY

Analyst recommendations on AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY

2022 sales
2,542 million
Net income 2022
680 million
Net debt 2022

PER 2022 ratio
4.81x 2022 return
0.98% Capitalization
3,444 million
3,444 million
capi. / Sales 2022
1.35x capi. / Sales 2023
1.31x # of employees
800 Floating

88.9%

Chart AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY









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$37.01 Average target price
$43.30 Average Spread / Target

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EPFO may increase equity investment limit to 25% https://brlspeak.net/epfo-may-increase-equity-investment-limit-to-25/ Tue, 14 Jun 2022 03:35:00 +0000 https://brlspeak.net/epfo-may-increase-equity-investment-limit-to-25/ At its next board meeting next month, the Employees’ provident fund (EPFO) should consider increasing its equity investment limit by 15% to 25%according to people close to the situation. They said the board could address administrative concerns as well as continue discussions and finalize recommendations from the four EPFO ​​subcommittees. These four […]]]>


At its next board meeting next month, the Employees’ provident fund (EPFO) should consider increasing its equity investment limit by 15% to 25%according to people close to the situation.


They said the board could address administrative concerns as well as continue discussions and finalize recommendations from the four EPFO ​​subcommittees.


These four sub-committees of EPFO ​​are responsible for setting up EPFO, prospective enforcement of the Social Security Code, building digital capabilities, and pension concerns.


EPFO central board (CBT) will meet for the 231st time on July 8 and 9 in Bangaloreaccording to the pension fund authority.


The CBT is headed by the Minister of Labor and includes members from businesses, employees, and federal and state governments. EPFO has not yet released the agenda for the meeting.


At its meeting last month, the Finance, Investment and Audit Committee (FIAC), a sub-committee of the CBT, proposed raising the equity investment cap in two equal tranches of 5% each. to provide higher returns to ETH participants.


The sharp drop in the interest rate on PF deposits to 8.1% for 2021-2022, compared to 8.5% the previous year, is the cause.


“At the last FIAC meeting, many opportunities and choices, including the possibility of removing the barrier to equity investment, were considered. However, no judgment has yet been made because we need more information,” said KE Raghunathan, member of both FIAC and CBT.


“A day before next month’s CBT, the committee will meet to discuss the matter further.” Due to the lack of a government-backed guarantee on such investments, the proposal to boost equity investments could meet with strong opposition from trade unions.


It would also force the Ministry of Finance to change its investment strategy, which now allows EPFO ​​to invest up to 15% of its additional income in the stock market.

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Second Quarter 2022 EPS Estimates for American Equity Investment Life Holding (NYSE:AEL) Reduced by Jefferies Financial Group https://brlspeak.net/second-quarter-2022-eps-estimates-for-american-equity-investment-life-holding-nyseael-reduced-by-jefferies-financial-group/ Tue, 07 Jun 2022 11:56:13 +0000 https://brlspeak.net/second-quarter-2022-eps-estimates-for-american-equity-investment-life-holding-nyseael-reduced-by-jefferies-financial-group/ Investment in American shares Life Holding (NYSE:AEL – Get a rating) – Jefferies Financial Group research analysts dropped their second-quarter 2022 earnings estimates for American Equity Investment Life in a report released Sunday, June 5. Jefferies Financial Group analyst D. Bergman now expects the financial services provider to post earnings per share of $1.00 for […]]]>

Investment in American shares Life Holding (NYSE:AELGet a rating) – Jefferies Financial Group research analysts dropped their second-quarter 2022 earnings estimates for American Equity Investment Life in a report released Sunday, June 5. Jefferies Financial Group analyst D. Bergman now expects the financial services provider to post earnings per share of $1.00 for the quarter, down from its previous forecast of 1.05. $. Jefferies Financial Group also released estimates for American Equity Investment Life Q3 2022 earnings at $1.09 EPS, Q4 2022 earnings at $1.19 EPS, fiscal year 2022 earnings at $4.20 $EPS, Q1 2023 earnings at $1.20 EPS, Q2 2023 earnings at $1.25 EPS, Q3 2023 earnings at $1.30 EPS, Fourth Quarter 2023 earnings at $1.35 EPS , FY2023 profit at $5.10 EPS, FY2024 profit at $5.70 EPS, FY2025 profit at $6.40 EPS and FY2026 profit at 7.20 $EPS.

A number of other research analysts have also recently commented on AEL. StockNews.com upgraded American Equity Investment Life from a “buy” to a “hold” rating in a Friday, May 20 research note. Morgan Stanley raised its price target on American Equity Investment Life from $40.00 to $41.00 and gave the stock an “equal weight” rating in a Tuesday, Feb. 22 research note. To finish, Zacks Investment Research upgraded American Equity Investment Life from a “sell” to a “hold” rating and set a price target of $37.00 for the stock in a Tuesday, May 10 research note. Five equity research analysts gave the stock a hold rating and six gave the company a buy rating. According to data from MarketBeat, American Equity Investment Life has an average rating of “Buy” and a consensus target price of $42.18.

Shares of ALE opened at $41.47 on Tuesday. The stock’s 50-day moving average is $38.35 and its two-hundred-day moving average is $38.84. The stock has a market capitalization of $3.86 billion, a PE ratio of 5.61 and a beta of 1.09. American Equity Investment Life has a 12-month low of $27.12 and a 12-month high of $44.49. The company has a debt ratio of 0.11, a current ratio of 0.17 and a quick ratio of 0.17.

Investment in American Life stocks (NYSE:AELGet a rating) last reported quarterly earnings data on Wednesday, May 4. The financial services provider reported EPS of $0.92 for the quarter, missing analyst consensus estimates of $0.95 per ($0.03). American Equity Investment Life posted a net margin of 26.35% and a return on equity of 7.26%. The company posted revenue of $147.80 million in the quarter, compared to $612.85 million expected by analysts. During the same period of the previous year, the company achieved EPS of $0.43. American Equity Investment Life’s revenue for the quarter was down 84.6% year over year.

In related news, EVP Ronald James Grensteiner sold 15,963 shares in a trade that took place on Monday, March 14. The stock was sold at an average price of $38.37, for a total value of $612,500.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available via the SEC website. Additionally, director Joyce Ann Chapman sold 3,856 shares in a trade that took place on Wednesday, March 9. The stock was sold at an average price of $38.26, for a total value of $147,530.56. Disclosure of this sale can be found here. Insiders sold 29,007 shares of the company valued at $1,112,023 in the past ninety days. Company insiders own 1.90% of the company’s shares.

Hedge funds and other institutional investors have recently changed their stakes in the company. EverSource Wealth Advisors LLC bought a new position in American Equity Investment Life during Q4 worth $27,000. Byrne Asset Management LLC increased its stake in American Equity Investment Life to 95.9% in Q1. Byrne Asset Management LLC now owns 960 shares of the financial services provider valued at $38,000 after buying an additional 470 shares last quarter. Strs Ohio bought a new position in American Equity Investment Life during Q4, valued at $42,000. Covestor Ltd bought a new position in American Equity Investment Life during Q4, valued at $61,000. Finally, Counterpoint Mutual Funds LLC bought a new position in American Equity Investment Life during Q1 worth $65,000. 95.15% of the shares are held by hedge funds and other institutional investors.

American Equity Investment Life Insurance Company Profile (Get a rating)

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues index and fixed rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks and registered investment advisers.

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EPFO plans to increase equity investment limit to 25% to make up shortfall https://brlspeak.net/epfo-plans-to-increase-equity-investment-limit-to-25-to-make-up-shortfall/ Mon, 06 Jun 2022 03:48:00 +0000 https://brlspeak.net/epfo-plans-to-increase-equity-investment-limit-to-25-to-make-up-shortfall/ The Employees Provident Fund Organization (EPFO) is considering a proposal to increase its equity investment limit to 25% of incremental flows from the existing 15%, according to a report in the Economic period. The capital investment will be increased first to 20 percent, then to 25 percent in the second phase. […]]]>


The Employees Provident Fund Organization (EPFO) is considering a proposal to increase its equity investment limit to 25% of incremental flows from the existing 15%, according to a report in the Economic period. The capital investment will be increased first to 20 percent, then to 25 percent in the second phase.

Earlier on Saturday, the government approved an 8.1% interest rate on ETH deposits for 2021-22, the lowest in four decades, for around 50 million subscribers to the EPFO.

EPFO’s idea of ​​gaining greater exposure to equities appears to be aimed at helping fill the gap in returns with investments in debt securities

According to ET’s report, the Financial Investments and Audit Committee met two weeks ago to discuss the issue of equity investments. The report says the proposal will be considered in June last week at a meeting of EPFO’s Central Board of Directors (CBT). The recommendation will be sent to the Ministry of Labor and the Ministry of Finance for final approval.

EPFO invests around Rs 1,800-2,000 crore in some exchange traded funds at its current level of 15%. According to the ET report, EPFO ​​receives total flows of Rs 600 crore every day on average and uses around Rs 200 crore to settle claims. EPFO officials met with mutual fund managers to assess the possibility of investing in equity programs.

The current EPF interest rate of 8.1% is the lowest since 1977-78, when it was 8%. The 8.5% interest rate on ETH deposits for 2020-21 was decided by the CBT in March 2021. It was ratified by the Ministry of Finance in October 2021. Subsequently, the EPFO has instructed field offices to credit interest income at 8.5 percent. cent for 2020-21 in the account of subscribers.

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Equity Investment: EPFO ​​Considers Raising Equity Investment Limit to 25% to Address Yield Gap https://brlspeak.net/equity-investment-epfo-considers-raising-equity-investment-limit-to-25-to-address-yield-gap/ Mon, 06 Jun 2022 01:09:00 +0000 https://brlspeak.net/equity-investment-epfo-considers-raising-equity-investment-limit-to-25-to-address-yield-gap/ Mumbai: The Employees Provident Fund Organization (EPFO) is weighing a proposal to raise its equity investment limit to up to 25% of additional flows from the existing 15%, people familiar with the matter have said. The higher exposure to equities is intended to help the apex pension fund fill the yield gap with investments in […]]]>
Mumbai: The Employees Provident Fund Organization (EPFO) is weighing a proposal to raise its equity investment limit to up to 25% of additional flows from the existing 15%, people familiar with the matter have said. The higher exposure to equities is intended to help the apex pension fund fill the yield gap with investments in debt securities that are struggling to help it achieve its goals.

The Finance, Investment and Audit Committee met nearly two weeks ago to discuss this. The committee’s proposal will be taken up at a meeting of EPFO’s Central Board of Directors (CBT) probably the last week of June. The recommendation will then be sent to the ministries of labor and finance for final approval, the people quoted above said.

Agencies

The investment committee has proposed to increase equity investments up to 25% of daily inflows in two phases, CBT member Prabhakar Banasure told ET – first to 20% and then to 25%. in the second phase. The roadmap and details of the higher investment limits could not be determined. EPFO did not respond to ET’s questions.

Meetings with MFs

EPFO officials recently met with major mutual funds to get feedback on equity program investment opportunities, the people quoted above said. EPFO invests in stocks through exchange-traded funds (ETFs) that track the Sensex and Nifty indices operated by

UTI Mutual and Mutual Fund. EPFO does not invest in actively managed equity mutual funds or directly in equities.

At the 15% limit, EPFO ​​invests around ₹1,800-2,000 crore in these ETFs. The central provident fund body is said to receive total flows of ₹600 crore each day on average, of which it uses about ₹200 crore to settle claims. This translates to ₹12,000 crore per month for various investments. If the equity investment limit increases to 25%, the EPFO ​​could potentially inject around ₹3,000 crore into the stock market every month.

“We think equities are likely to perform well over the next few years,” Banasure said. “The investment returns of other existing categories are not able to generate the desired investment returns.”

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Analysts expect American Equity Investment Life Holding (NYSE:AEL) to report quarterly sales of $552.45 million https://brlspeak.net/analysts-expect-american-equity-investment-life-holding-nyseael-to-report-quarterly-sales-of-552-45-million/ Sun, 05 Jun 2022 18:55:36 +0000 https://brlspeak.net/analysts-expect-american-equity-investment-life-holding-nyseael-to-report-quarterly-sales-of-552-45-million/ Wall Street brokerages predict that American Equity Investment Life Holding (NYSE:AEL – Get a rating) will announce sales of $552.45 million for the current quarter, according to Zacks Investment Research. Four analysts have made earnings estimates for American Equity Investment Life, with estimates ranging from $547.10 million to $560.60 million. American Equity Investment Life recorded […]]]>

Wall Street brokerages predict that American Equity Investment Life Holding (NYSE:AELGet a rating) will announce sales of $552.45 million for the current quarter, according to Zacks Investment Research. Four analysts have made earnings estimates for American Equity Investment Life, with estimates ranging from $547.10 million to $560.60 million. American Equity Investment Life recorded sales of $499.32 million in the same quarter last year, indicating a positive year-over-year growth rate of 10.6%. The company is expected to release its next quarterly results on Monday, January 1.

On average, analysts expect American Equity Investment Life to post annual sales of $2.23 billion in the current fiscal year, with estimates ranging from $2.19 billion to $2.26 billion. of dollars. For the next fiscal year, analysts expect the company to report sales of $2.29 billion, with estimates ranging from $2.24 billion to $2.39 billion. Zacks Investment Research sales calculations are an average average based on a survey of research analysts who follow American Equity Investment Life.

Investment in American Life stocks (NYSE:AELGet a rating) last reported results on Wednesday, May 4. The financial services provider reported earnings per share of $0.92 for the quarter, missing the consensus estimate of $0.95 per ($0.03). The company posted revenue of $147.80 million for the quarter, compared to $612.85 million expected by analysts. American Equity Investment Life posted a net margin of 26.35% and a return on equity of 7.26%. The company’s revenue decreased by 84.6% compared to the same quarter last year. In the same quarter of the previous year, the company had earned earnings per share of $0.43.

A number of research companies have published reports on AEL. StockNews.com cut shares of American Equity Investment Life from a “buy” rating to a “hold” rating in a Friday, May 20 research report. Zacks Investment Research upgraded American Equity Investment Life from a “sell” rating to a “hold” rating and set a price target of $37.00 for the company in a Tuesday, May 10 research report. Finally, Morgan Stanley raised its price target on American Equity Investment Life from $40.00 to $41.00 and gave the stock an “equal weight” rating in a Tuesday, February 22 research report. Five analysts gave the stock a hold rating and six gave the stock a buy rating. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $42.18.

In related news, EVP Ronald James Grensteiner sold 9,188 shares of the company in a transaction dated Tuesday, April 12. The shares were sold at an average price of $38.31, for a total value of $351,992.28. Following the transaction, the executive vice president now owns 89,039 shares of the company, valued at approximately $3,411,084.09. The sale was disclosed in a document filed with the SEC, accessible via the SEC website. Additionally, director Joyce Ann Chapman sold 3,856 shares of the company in a trade dated Wednesday, March 9. The shares were sold at an average price of $38.26, for a total transaction of $147,530.56. Disclosure of this sale can be found here. In the past 90 days, insiders have sold 29,007 shares of the company worth $1,112,023. Company insiders own 1.90% of the company’s shares.

Institutional investors and hedge funds have recently increased or reduced their stake in the company. Icon Advisers Inc. Co. bought a new stock position in American Equity Investment Life in Q1 for $5,883,000. Virtu Financial LLC bought a new position in American Equity Investment Life in the first quarter, valued at around $217,000. Jane Street Group LLC bought a new position in American Equity Investment Life in the first quarter, valued at approximately $3,019,000. Quantbot Technologies LP bought a new position in American Equity Investment Life in the first quarter for a value of approximately $105,000. Finally, Dynamic Technology Lab Private Ltd acquired during the 1st quarter a new shareholding in American Equity Investment Life valued at approximately $239,000. 95.15% of the shares are held by hedge funds and other institutional investors.

Shares of NYSE AEL opened at $40.09 on Friday. The company’s fifty-day moving average is $38.34 and its 200-day moving average is $38.78. American Equity Investment Life has a 52-week low of $27.12 and a 52-week high of $44.49. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt ratio of 0.11. The company has a market capitalization of $3.73 billion, a price-earnings ratio of 5.42 and a beta of 1.09.

American Equity Investment Life Insurance Company Profile (Get a rating)

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues index and fixed rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks and registered investment advisers.

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Brokers expect American Equity Investment Life Holding (NYSE:AEL) to post $0.94 per share profit https://brlspeak.net/brokers-expect-american-equity-investment-life-holding-nyseael-to-post-0-94-per-share-profit/ Fri, 03 Jun 2022 07:00:00 +0000 https://brlspeak.net/brokers-expect-american-equity-investment-life-holding-nyseael-to-post-0-94-per-share-profit/ Brokers anticipate that American Equity Investment Life Holding (NYSE:AEL – Get a rating) will report earnings per share (EPS) of $0.94 for the current quarter, Zacks Investment Research reports. Four analysts released earnings estimates for American Equity Investment Life, with the lowest EPS estimate at $0.73 and the highest at $1.07. American Equity Investment Life […]]]>

Brokers anticipate that American Equity Investment Life Holding (NYSE:AELGet a rating) will report earnings per share (EPS) of $0.94 for the current quarter, Zacks Investment Research reports. Four analysts released earnings estimates for American Equity Investment Life, with the lowest EPS estimate at $0.73 and the highest at $1.07. American Equity Investment Life reported earnings of $0.98 per share in the same quarter last year, suggesting a negative 4.1% year-over-year growth rate. The company is due to announce its next quarterly earnings report on Monday, January 1.

According to Zacks, analysts expect American Equity Investment Life to report annual earnings of $3.94 per share for the current year, with EPS estimates ranging from $3.30 to $4.35 . For the next fiscal year, analysts expect the company to post earnings of $5.03 per share, with EPS estimates ranging from $4.65 to $5.25. Zacks earnings per share averages are an average based on a survey of research firms that track American Equity Investment Life.

Investment in American Life stocks (NYSE:AELGet a rating) last released its quarterly earnings data on Wednesday, May 4. The financial services provider reported EPS of $0.92 for the quarter, missing analyst consensus estimates of $0.95 per ($0.03). American Equity Investment Life achieved a return on equity of 7.26% and a net margin of 26.35%. The company posted revenue of $147.80 million in the quarter, compared to $612.85 million expected by analysts. In the same quarter last year, the company earned $0.43 per share. The company’s revenue for the quarter was down 84.6% from the same quarter last year.

AEL has been the subject of several recent research reports. StockNews.com downgraded shares of American Equity Investment Life from a “buy” rating to a “hold” rating in a Friday, May 20 research report. Zacks Investment Research upgraded American Equity Investment Life from a “sell” to a “hold” rating and set a price target of $37.00 for the company in a Tuesday, May 10 report. Finally, Morgan Stanley raised its price target on American Equity Investment Life from $40.00 to $41.00 and gave the company an “equal weight” rating in a Tuesday, February 22 research report. Five research analysts gave the stock a hold rating and six gave the company a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $42.18.

NYSE AEL traded down $0.34 during Friday’s midday session, hitting $40.24. The company’s shares had a trading volume of 10,222 shares, compared to an average volume of 573,159. The company has a market capitalization of $3.74 billion, a P/E ratio of 5.45 and a beta of 1.09. The company has a debt ratio of 0.11, a current ratio of 0.17 and a quick ratio of 0.17. American Equity Investment Life has a 52-week low of $27.12 and a 52-week high of $44.49. The stock’s fifty-day simple moving average is $38.35 and its two-hundred-day simple moving average is $38.73.

In other news, EVP Ronald James Grensteiner sold 15,963 shares of the company in a transaction that took place on Monday, March 14. The shares were sold at an average price of $38.37, for a total transaction of $612,500.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, available at this hyperlink. Additionally, Director Joyce Ann Chapman sold 3,856 shares of American Equity Investment Life in a trade on Wednesday, March 9. The stock was sold at an average price of $38.26, for a total transaction of $147,530.56. Disclosure of this sale can be found here. In the past three months, insiders have sold 29,007 shares of the company valued at $1,112,023. 1.90% of the shares are currently held by insiders.

Hedge funds have recently changed their holdings in the company. First Trust Advisors LP increased its stake in American Equity Investment Life by 35.4% in the first quarter. First Trust Advisors LP now owns 93,246 shares of the financial services provider valued at $2,520,000 after buying an additional 24,396 shares in the last quarter. Morgan Stanley increased its position in American Equity Investment Life shares by 19.6% in the second quarter. Morgan Stanley now owns 394,595 shares of the financial services provider worth $12,754,000 after acquiring an additional 64,764 shares last quarter. Renaissance Technologies LLC increased its equity stake in American Equity Investment Life by 64.5% in Q3. Renaissance Technologies LLC now owns 149,700 shares of the financial services provider valued at $4,427,000 after acquiring an additional 58,700 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in the shares of American Equity Investment Life during Q3 valued at approximately $259,000. Finally, Invesco Ltd. increased its stake in American Equity Investment Life by 19.3% during the third quarter. Invesco Ltd. now owns 1,676,174 shares of the financial services provider worth $49,565,000 after purchasing an additional 271,562 shares in the last quarter. 95.15% of the shares are currently held by institutional investors and hedge funds.

About American Equity Investment Life (Get a rating)

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues index and fixed rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks and registered investment advisers.

See also

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Domain Money Introduces Actively Managed Stock and Crypto Investment Portfolios to Web and Android Users https://brlspeak.net/domain-money-introduces-actively-managed-stock-and-crypto-investment-portfolios-to-web-and-android-users/ Thu, 02 Jun 2022 13:00:00 +0000 https://brlspeak.net/domain-money-introduces-actively-managed-stock-and-crypto-investment-portfolios-to-web-and-android-users/ Domain Money, an innovative wealth building and investment platform, has launched its web platform and Android app. Tweet that Android and web users now join the thousands of customers who joined Domain Money from the iOS platform, where Domain was a featured app in Apple’s App Store. “Investing in emerging technologies used to be reserved […]]]>

Android and web users now join the thousands of customers who joined Domain Money from the iOS platform, where Domain was a featured app in Apple’s App Store.

“Investing in emerging technologies used to be reserved for VCs, high net worth individuals, or those willing to wait for a company to go public. Crypto breaks down these barriers to entry by allowing retail investors to capitalize on innovations revolutionary almost instantly,” says Adam DellCEO and co-founder of Domain Money.

The carefully selected portfolios were constructed by industry veterans from Morgan Stanley, Goldman Sachs and hedge fund Bridgewater Associates and give individual investors access to investments that previously seemed reserved for the wealthy or the technical. Domain Money offers portfolios designed to meet a range of investment risk objectives while incorporating exposure to a wide range of blockchain-based projects, ultimately enabling diverse and uniquely designed investments.

“Current investment options are lacking and unfamiliar to most people. I founded Domain Money to solve this problem by providing professionally managed wallets, including crypto, to anyone who wants to access the benefits of this emerging asset class,” Dell added.

For more information on downloading the app, visit try.domainmoney.com, the App Store or Google Play Store.

About Domain Money

Domain Money is a comprehensive and secure wealth-building platform that empowers retail investors to take control and invest seriously in stocks and crypto. Founded by Adam Dell, a former product manager at Marcus by Goldman Sachs, Domain Money provides access to the emerging crypto revolution with both self-managed transactions and actively managed turnkey wallets. The Domain Money platform also offers real-time market insights, an exclusive social sentiment tool, and live client agents. Domain Money is backed by industry-leading expert advisors including Christopher Giancarloformer Chairman of the Commodities Futures Trading Commission (CFTC), Niall FergusonSenior Fellow, Hoover Institution and investors including Bessemer Venture Partners, Maveron, RRE Ventures, SV Angel, Marc Benioff, Joe Lonsdaleand Elisha Wiesel.

Domain Money wallets are managed by Domain Money Advisors, LLC, an investment adviser registered with the United States Securities and Exchange Commission. Investing involves inherent risks and you should always invest within your means and risk tolerance. Past performance is not an indication of future returns. For important information, please see https://domainmoney.com/legal.

Media Contacts

Holly Dugan
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SOURCE domain money

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American Equity Investment Life Holding (NYSE:AEL) Receives Average “Buy” Rating from Analysts https://brlspeak.net/american-equity-investment-life-holding-nyseael-receives-average-buy-rating-from-analysts/ Thu, 02 Jun 2022 06:37:18 +0000 https://brlspeak.net/american-equity-investment-life-holding-nyseael-receives-average-buy-rating-from-analysts/ American Equity Investment Life Holding Shares (NYSE:AEL – Get a rating) have been assigned an average recommendation of “buy” by the twelve analysts who cover the stock, market beat reports. Five research analysts rated the stock with a hold recommendation and six gave the company a buy recommendation. The 1-year average price target among brokers […]]]>

American Equity Investment Life Holding Shares (NYSE:AELGet a rating) have been assigned an average recommendation of “buy” by the twelve analysts who cover the stock, market beat reports. Five research analysts rated the stock with a hold recommendation and six gave the company a buy recommendation. The 1-year average price target among brokers who have reported on the stock in the past year is $42.18.

Several equity research analysts have weighed in on the company. StockNews.com downgraded American Equity Investment Life from a “buy” rating to a “hold” rating in a Friday, May 20, report. Zacks Investment Research upgraded American Equity Investment Life from a “sell” rating to a “hold” rating and set a target price of $37.00 for the company in a Tuesday, May 10 report. Finally, Morgan Stanley raised its price target on American Equity Investment Life from $40.00 to $41.00 and gave the stock an “equal weight” rating in a Tuesday, February 22 report.

Shares of Investing in American stocks Life stocks opened at $40.68 on Thursday. American Equity Investment Life has a 12-month low of $27.12 and a 12-month high of $44.49. The stock’s fifty-day moving average price is $38.34 and its 200-day moving average price is $38.71. The company has a market capitalization of $3.79 billion, a P/E ratio of 5.50 and a beta of 1.10. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt ratio of 0.11.

Investment in American Life stocks (NYSE:AELGet a rating) last released its quarterly results on Wednesday, May 4. The financial services provider reported earnings per share of $0.92 for the quarter, missing the consensus estimate of $0.95 per ($0.03). The company posted revenue of $147.80 million in the quarter, compared to analyst estimates of $612.85 million. American Equity Investment Life achieved a return on equity of 7.26% and a net margin of 26.35%. American Equity Investment Life’s revenues were down 84.6% from the same quarter last year. During the same period a year earlier, the company posted EPS of $0.43. Analysts expect American Equity Investment Life to post earnings per share of 4.06 for the current year.

In other news, Director Joyce Ann Chapman sold 3,856 shares of the company in a trade that took place on Wednesday, March 9. The stock was sold at an average price of $38.26, for a total value of $147,530.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available via the SEC website. Also, VPE Ronald James Grensteiner sold 9,188 shares of the company in a transaction that took place on Tuesday, April 12. The shares were sold at an average price of $38.31, for a total value of $351,992.28. Following the completion of the sale, the executive vice president now owns 89,039 shares of the company, valued at $3,411,084.09. Disclosure of this sale can be found here. During the last quarter, insiders sold 29,007 shares of the company valued at $1,112,023. 1.90% of the shares are held by insiders of the company.

Several institutional investors have recently bought and sold shares of the company. Icon Advisers Inc. Co. acquired a new equity stake in American Equity Investment Life in the first quarter valued at approximately $5,883,000. Virtu Financial LLC acquired a new stake in shares of American Equity Investment Life in the first quarter worth approximately $217,000. Jane Street Group LLC acquired a new equity stake in American Equity Investment Life in the first quarter worth approximately $3,019,000. Quantbot Technologies LP acquired a new stake in the shares of American Equity Investment Life in the first quarter for a value of approximately $105,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of American Equity Investment Life in the first quarter worth approximately $239,000. Institutional investors and hedge funds own 95.15% of the company’s shares.

About American Equity Investment Life (Get a rating)

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues index and fixed rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks and registered investment advisers.

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American Equity Investment Life Holding (NYSE:AEL) sees a significant increase in short-term interest https://brlspeak.net/american-equity-investment-life-holding-nyseael-sees-a-significant-increase-in-short-term-interest/ Mon, 30 May 2022 09:57:38 +0000 https://brlspeak.net/american-equity-investment-life-holding-nyseael-sees-a-significant-increase-in-short-term-interest/ American Equity Investment Life Holding (NYSE: AEL – Get a rating) benefited from strong growth in short-term interest in May. As of May 15, there were short interests totaling 1,300,000 shares, a growth of 40.6% from the total of 924,800 shares as of April 30. Currently, 1.4% of the company’s shares are sold short. Based […]]]>

American Equity Investment Life Holding (NYSE: AEL – Get a rating) benefited from strong growth in short-term interest in May. As of May 15, there were short interests totaling 1,300,000 shares, a growth of 40.6% from the total of 924,800 shares as of April 30. Currently, 1.4% of the company’s shares are sold short. Based on an average trading volume of 581,200 shares, the short-term interest rate ratio is currently 2.2 days.

A number of research companies have weighed in on AEL recently. StockNews.com downgraded American Equity Investment Life from a “buy” rating to a “hold” rating in a report on Friday, May 20. Morgan Stanley raised its price target on American Equity Investment Life from $40.00 to $41.00 and gave the company an “equal weight” rating in a Tuesday, Feb. 22 research note. To finish, Zacks Investment Research upgraded American Equity Investment Life from a “sell” rating to a “hold” rating and set a $37.00 price target for the company in a Tuesday, May 10 research note. Five equity research analysts gave the stock a hold rating and six gave the stock a buy rating. According to data from MarketBeat.com, American Equity Investment Life currently has a consensus rating of “Buy” and an average target price of $42.18.

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In other news from American Equity Investment Life, Director Joyce Ann Chapman sold 3,856 shares of the company in a trade that took place on Wednesday, March 9. The stock was sold at an average price of $38.26, for a total transaction of $147,530.56. The transaction was disclosed in a document filed with the SEC, accessible via the SEC website. Also, VPE Ronald James Grensteiner sold 9,188 shares of the company in a transaction that took place on Tuesday, April 12. The stock was sold at an average price of $38.31, for a total value of $351,992.28. Following the transaction, the executive vice president now directly owns 89,039 shares of the company, valued at $3,411,084.09. Disclosure of this sale can be found here. Insiders sold a total of 29,007 shares of the company worth $1,112,023 in the past 90 days. Insiders of the company own 1.90% of the shares of the company.

A number of large investors have recently increased or reduced their stakes in the stock. Icon Advisers Inc. Co. acquired a new stake in American Equity Investment Life in the first quarter, valued at approximately $5,883,000. Virtu Financial LLC acquired a new stake in shares of American Equity Investment Life during the first quarter, valued at approximately $217,000. Jane Street Group LLC acquired a new equity stake in American Equity Investment Life during the first quarter, valued at approximately $3,019,000. Quantbot Technologies LP acquired a new stake in the shares of American Equity Investment Life during the first quarter, valued at approximately $105,000. Finally, Dynamic Technology Lab Private Ltd acquired a new equity stake in American Equity Investment Life during the first quarter valued at approximately $239,000. 95.15% of the shares are currently held by institutional investors and hedge funds.

AEL opened at $41.35 on Monday. The company has a market capitalization of $3.85 billion, a P/E ratio of 5.60 and a beta of 1.10. American Equity Investment Life has a 52-week low of $27.12 and a 52-week high of $44.49. The company has a debt ratio of 0.11, a quick ratio of 0.17 and a current ratio of 0.17. The company’s 50-day moving average is $38.31 and its 200-day moving average is $38.66.

American Equity Investment Life (NYSE: AEL – Get a rating) last reported results on Wednesday, May 4. The financial services provider reported earnings per share (EPS) of $0.92 for the quarter, missing the consensus estimate of $0.95 ($0.03). The company posted revenue of $147.80 million for the quarter, versus analyst estimates of $612.85 million. American Equity Investment Life achieved a return on equity of 7.26% and a net margin of 26.35%. The company’s revenue for the quarter was down 84.6% from the same quarter last year. During the same period last year, the company posted earnings per share of $0.43. On average, research analysts predict that American Equity Investment Life will post earnings per share of 4.06 for the current fiscal year.

American Equity Investment Life Insurance Company Profile (Get a rating)

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues index and fixed rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks and registered investment advisers.

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