Stake increased In American Axle & Manufacturing Holdings Inc By Robert Polak’s Anchor Bolt Capital

May 16, 2018 - By Eula Gilbert

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Corporate Logo

During 2017 Q4 the big money sentiment increased to 2.92. That’s change of 1.97, from 2017Q3’s 0.95. 16 investors sold all, 36 reduced holdings as American Axle & Manufacturing Holdings, Inc. ratio improved. 100 grew stakes while 52 funds amassed stakes. Funds hold 113.60 million shares thus 1.43% less from 2017Q3’s 115.24 million shares.

Janney Cap Management Ltd Co, a Pennsylvania-based fund reported 18,227 shs. Prudential Public Ltd Co holds 0.13% of its capital in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) for 2.46M shs. The Hawaii-based Ckw Finance has invested 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Gsa Llp invested 0.19% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Amer Interest Group holds 0% or 78,562 shs. The Ontario – Canada-based Cibc Asset has invested 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). State Street Corporation reported 2.43M shs. Portolan Cap Mngmt Limited Liability holds 0.48% or 258,259 shs in its capital. 2.85M were accumulated by Point72 Asset Mngmt Limited Partnership. Stevens Management Limited Partnership, a Pennsylvania-based fund reported 20,409 shs. Aqr Mngmt Ltd Liability Co accumulated 387,696 shs. Financial Architects accumulated 415 shs or 0% of the stock. 1.24M were reported by Northern Trust. Envestnet Asset Mgmt holds 0% of its capital in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) for 5,637 shs. Federated Investors Inc Pa accumulated 148,709 shs.

American Axle & Manufacturing Holdings, Inc. registered $5.01 million net activity with 0 buys and 4 sales since December 15, 2017. Shares for $256,164 were sold by Lynch Michael Joseph. On Tuesday, March 13 25,349 shs were sold by Satine Alberto L, worth $380,488.

Robert Polak’s Anchor Bolt Capital posted increased Interest in American Axle & Manufacturing Holdings Inc

By clicking the link 000091957418003851 you will find SC 13G SEC filling submitted by Anchor Bolt Capital about American Axle & Manufacturing Holdings Inc.The filler increased its holding in the stock by 50.95 % for 7,707,366 shares.In another filling on May 8, 2018 the percentage Robert Polak’s Anchor Bolt Capital owns in Consumer Discretionary- stock is 6.9%.

The hedge fund with about $849.21 million looks more positive after reporting such an increase of its American Axle & Manufacturing Holdings Inc ownership.

The hedge fund is active investor in the Finance sector. In the manager�s latest 13-F, we saw a few other positions. Its 25% of Robert Polak’s Anchor Bolt Capital�s US portfolio.

American Axle & Manufacturing Holdings Inc Institutional Sentiment

164 investors own American Axle & Manufacturing Holdings Inc says the latest SEC reports. In Q3 2017 the institutional ownership is high, which is Infinity of the outstanding shares. By 6190588 shares it is increased. Institutional investors had 115241533. In total 35 funds opened new American Axle & Manufacturing Holdings Inc stakes, 60 increased stakes. There were 38 that closed positions and 62 reduced them.

Here’s the stocks most Significant investors in which it takes place: Anchor Bolt Capital Lp..

The first, Northpointe Capital Llc is owning 560562 shares since Q3 2017 for 1.05% of its portfolio. The next Sib Llc owns 126666 shares or 1.60% of its portfolio. 2391042 shares owns IL Anchor Bolt Capital Lp which is 1.72% of their stock portfolio. Weber Alan W posted stake worth 2.00% of its US stock portfolio. Further, the 25691349 shares are had by NY American Securities Llc. American Axle & Manufacturing Holdings Inc is 48.25% of the manager�s US portfolio.

Robert Polak’s Anchor Bolt Capital website.

Earnings report for American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) is awaited on July, 27., according to Zacks. Analysts have anticipation on stock’s EPS of $1.12. That’s up 13.13 % from last year’s $0.99 EPS. The profit will be $125.06 million for AXL if $1.12 EPS becomes true. 14.29 % EPS growth is what Wall Street’s sees after $0.98 reported EPS last quarter.

The stock increased 2.51% or $0.39 during the last trading session, touching $15.95.American Axle & Manufacturing Holdings, Inc. has volume of 1.47 million shares. Since May 17, 2017 AXL has declined 17.15% and is downtrending. AXL underperformed the S&P500 by 28.70%.

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, validates, and makes driveline and drivetrain systems, and related components and chassis modules for the automotive industry in the United States, Canada, Mexico, South America, Asia, Europe, and internationally.The firm is valued at $1.78 billion. It offers axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems, and metal-formed products that transfer power from the transmission to the drive wheels.The P/E ratio is 4.97. The firm offers its products for light trucks, sport utility vehicles, passenger cars, and crossover and commercial vehicles.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Ratings Coverage

In total 7 analysts cover American Axle (NYSE:AXL). “Buy” rating has 5, “Sell” are 1, while 1 are “Hold”. (NYSE:AXL) has 71% bullish analysts. With $25.0 highest and $1200 lowest price target, American Axle has $20.17 average price target or 26.46% above the current ($15.95) price. 9 are the (NYSE:AXL)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. On Tuesday, March 27 Citigroup upgraded American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) to “Buy” rating. On Wednesday, March 14 Susquehanna maintained American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) with “Hold” rating. On Thursday, April 19 Guggenheim maintained the shares of AXL in report with “Buy” rating. On Tuesday, May 8 the firm earned “Buy” rating by Citigroup. On Friday, January 19 the rating was maintained by RBC Capital Markets with “Buy”. In Monday, May 7 report FBR Capital maintained it with “Sell” rating and $1200 target. On Thursday, March 22 the rating was upgraded by Morgan Stanley to “Overweight”. On Tuesday, December 19 the stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has “Buy” rating given by RBC Capital Markets.

More recent American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) news were released by Globenewswire.com, Streetinsider.com and Seekingalpha.com. The first one has “New Research: Key Drivers of Growth for ManpowerGroup, JC Penney, HP, American Axle & Manufacturing, Mondelez …” as a title and was released on May 16, 2018. The next is “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018. And last was released on May 05, 2018, called “American Axle & Manufacturing’s (AXL) CEO David Dauch on Q1 2018 Results – Earnings Call Transcript”.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Institutional Investors Chart

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