5 Stocks to Buy According to Michael Rothenberg’s Moab Capital

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1. Athene Holding Ltd. (NYSE:ATH)

Moab Capital’s Stake Value: $5.708 million

Percentage of Moab Capital’s 13F Portfolio: 13.91%

Number of Hedge Fund Holders as of Q3 2021: 49

Moab Capital held 82,888 shares in the retirement services company worth upwards of $5.7 million by the end of Q3 2021. However, the leading institutional shareholder in the company, based on Insider Monkey’s database, was Matthew Halbower’s Pentwater Capital Management with approximately 3.6 million shares valued at $247 million.

Athene Holding Ltd. (NYSE:ATH)’s Q3 2021 EPS announced in November was $2.57, which passed consensus estimates by $0.47. As a result, Truist analyst Mark Hughes raised his price target on Athene Holding Ltd. (NYSE:ATH) to $88 from $68. Moreover, he maintained a “Hold” rating on the stock.

On December 3, Athene Holding Ltd. (NYSE:ATH) announced its plan to acquire a controlling stake in Aqua Finance worth roughly $1 billion.

You can also take a peek at the 10 Best Dividend Stocks to Buy According to Billionaire Howard Marks and 12 Best Autonomous Vehicle Stocks to Buy for 2021.

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