Barclays Plc Increased American Axle &Amp Mfg Hldgs In (NYSE:AXL) Stake by $33.19 Million

May 23, 2018 - By Maria Brooks

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) LogoInvestors sentiment increased to 2.92 in 2017 Q4. Its up 1.97, from 0.95 in 2017Q3. It improved, as 16 investors sold AXL shares while 36 reduced holdings. 52 funds opened positions while 100 raised stakes. 113.60 million shares or 1.43% less from 115.24 million shares in 2017Q3 were reported. Lpl Limited accumulated 13,584 shares or 0% of the stock. New York State Teachers Retirement Sys holds 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) or 68,505 shares. Foundry Ptnrs Ltd Liability Company holds 813,124 shares. Meeder Asset Mgmt reported 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Riverhead Capital Mgmt Ltd Company reported 0% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). 182,800 are owned by Guggenheim Ltd Liability Corp. Pacad Inv Ltd has 0.02% invested in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) for 4,100 shares. Petrus Communications Lta invested in 0.07% or 17,736 shares. Lsv Asset Management stated it has 1.34 million shares or 0.04% of all its holdings. Cwm Ltd Liability Company has 0% invested in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Envestnet Asset has 5,637 shares. State Of Alaska Department Of Revenue stated it has 19,773 shares. Advisors Preferred Ltd invested in 6,318 shares. Balyasny Asset Management Limited holds 3.78 million shares. The Texas-based Teacher Retirement Of Texas has invested 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL).

Since December 15, 2017, it had 0 insider buys, and 4 selling transactions for $5.01 million activity. On Tuesday, March 13 Satine Alberto L sold $380,488 worth of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) or 25,349 shares. On Tuesday, March 13 the insider Lynch Michael Joseph sold $256,164.

Barclays Plc increased its stake in American Axle &Amp Mfg Hldgs In (NYSE:AXL) by 25435.26% based on its latest 2018Q1 regulatory filing with the SEC. Barclays Plc bought 2.21 million shares as the company’s stock declined 10.90% with the market. The institutional investor held 2.22M shares of the capital goods company at the end of 2018Q1, valued at $33.81M, up from 8,700 at the end of the previous reported quarter. Barclays Plc who had been investing in American Axle &Amp Mfg Hldgs In for a number of months, seems to be bullish on the $1.80 billion market cap company. The stock decreased 0.46% or $0.08 during the last trading session, reaching $16.12. About 164,986 shares traded. American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has declined 17.15% since May 23, 2017 and is downtrending. It has underperformed by 28.70% the S&P500.

Barclays Plc, which manages about $130.90B US Long portfolio, decreased its stake in Fortinet Inc (NASDAQ:FTNT) by 343,999 shares to 140,001 shares, valued at $7.50M in 2018Q1, according to the filing. It also reduced its holding in Sarepta Therapeutics Inc (Put) (NASDAQ:SRPT) by 157,000 shares in the quarter, leaving it with 32,600 shares, and cut its stake in Clovis Oncology Inc (Call) (NASDAQ:CLVS).

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

Among 7 analysts covering American Axle (NYSE:AXL), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. American Axle had 9 analyst reports since December 19, 2017 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Thursday, March 22. The stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) earned “Hold” rating by Susquehanna on Wednesday, March 14. The firm has “Buy” rating by RBC Capital Markets given on Friday, January 19. Guggenheim maintained American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) on Thursday, April 19 with “Buy” rating. The firm earned “Buy” rating on Tuesday, December 19 by RBC Capital Markets. The rating was maintained by FBR Capital with “Sell” on Monday, May 7. The rating was upgraded by Citigroup to “Buy” on Tuesday, March 27. As per Tuesday, May 8, the company rating was maintained by Citigroup.

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 company has market cap of $1.80 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. It has a 5.02 P/E ratio. The firm offers its products for light trucks, sport utility vehicles, passenger cars, and crossover and commercial vehicles.

More recent American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) news were published by: Seekingalpha.com which released: “American Axle & Manufacturing’s (AXL) CEO David Dauch on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018. Also Streetinsider.com published the news titled: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018. Globenewswire.com‘s news article titled: “New Research: Key Drivers of Growth for ManpowerGroup, JC Penney, HP, American Axle & Manufacturing, Mondelez …” with publication date: May 16, 2018 was also an interesting one.

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

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