5 Best Stocks to Invest In According to Clint Murray’s Lodge Hill Capital

2. Athene Holding Ltd. (NYSE: ATH)

Murray’s Stake Value: $22,221,000
Percentage of Clint Murray’s 13F Portfolio: 8.74%
Number of Hedge Fund Holders: 44

Athene Holding Ltd. (NYSE: ATH) is a provider of retirement services. The company was founded in 2008 and ranks second on the list of 10 stocks to invest in according to Clint Murray’s Lodge Hill Capital. Athene Holding Ltd. (NYSE: ATH) currently has a $12.65 billion market capitalization and was able to deliver a 79.76% return in the past 12 months.

On August 10, Truist analyst Mark Hughes downgraded Athene Holding to “Hold” from “Buy” maintaining his price target of $68. On August 5, Athene Holding Ltd. (NYSE: ATH) reported earnings for the second quarter of 2021. Athene Holding Ltd. (NYSE: ATH) announced earnings per share of $5.04, beating the estimates by $1.57. Net investment income for the second quarter was over $2.04 billion, up 52.2% YoY, beating the forecast by $340 million. 

The hedge fund managed by Clint Murray owns 440,900 shares in Athene Holding Ltd. (NYSE: ATH) worth over $22 million, representing 8.74% of their portfolio. Lodge Hill Capital has increased its stake in the firm by 28% in the first quarter of 2021. In addition, hedge funds are loading up on Athene Holding Ltd. (NYSE: ATH), as Insider Monkey’s data shows that 44 hedge funds held stakes in the company as of the end of the first quarter of 2021, up from 36 funds a quarter earlier.