American Axle & Mfg Hldgs In (AXL) Shareholder Menta Capital LLC Has Decreased Its Position by $3.14 Million

February 15, 2018 - By Winifred Garcia

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.11, from 1.06 in 2017Q2. It turned negative, as 38 investors sold AXL shares while 62 reduced holdings. 35 funds opened positions while 60 raised stakes. 115.24 million shares or 4.03% more from 110.78 million shares in 2017Q2 were reported. Citigroup Incorporated, a New York-based fund reported 113,895 shares. Ameritas Partners holds 0% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) for 7,128 shares. Dupont Capital Corporation holds 0.02% or 53,703 shares in its portfolio. Parametric Associate Lc reported 0.01% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Cwm Llc accumulated 0% or 58 shares. Landscape stated it has 0.14% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). State Street Corp has 1.97M shares. Indexiq Advisors Ltd Liability Corporation accumulated 46,151 shares or 0.03% of the stock. State Bank Of New York Mellon Corporation reported 1.22M shares. Jpmorgan Chase And invested 0% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Bancorp Of America Corp De stated it has 853,519 shares or 0% of all its holdings. Ohio-based Meeder Asset Mgmt has invested 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Georgia-based Voya Inv Ltd Company has invested 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Gmt accumulated 892,900 shares. Amalgamated Bank & Trust invested 0.01% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL).

Since September 12, 2017, it had 0 insider purchases, and 2 insider sales for $3.60 million activity.

Menta Capital Llc decreased its stake in American Axle & Mfg Hldgs In (AXL) by 67.27% based on its latest 2017Q3 regulatory filing with the SEC. Menta Capital Llc sold 184,900 shares as the company’s stock declined 22.34% while stock markets rallied. The hedge fund held 89,950 shares of the capital goods company at the end of 2017Q3, valued at $1.58M, down from 274,850 at the end of the previous reported quarter. Menta Capital Llc who had been investing in American Axle & Mfg Hldgs In for a number of months, seems to be less bullish one the $1.75 billion market cap company. The stock decreased 0.16% or $0.025 during the last trading session, reaching $15.765. About 1.75 million shares traded. American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has risen 4.39% since February 15, 2017 and is uptrending. It has underperformed by 12.31% the S&P500.

More news for American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) were recently published by: Nasdaq.com, which released: “First Week of March 16th Options Trading For American Axle & Manufacturing …” on January 23, 2018. Prnewswire.com‘s article titled: “AAM to Webcast and Teleconference Fourth Quarter and Full Year 2017 Financial …” and published on February 02, 2018 is yet another important article.

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

Among 12 analysts covering American Axle & Manufacturing (NYSE:AXL), 6 have Buy rating, 2 Sell and 4 Hold. Therefore 50% are positive. American Axle & Manufacturing had 40 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) rating on Friday, July 7. RBC Capital Markets has “Buy” rating and $2300 target. On Monday, November 6 the stock rating was maintained by Bank of America with “Underperform”. The firm earned “Underperform” rating on Friday, November 4 by CLSA. The stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has “Buy” rating given on Wednesday, June 21 by CLSA. Barclays Capital maintained the stock with “Equalweight” rating in Monday, January 25 report. The stock has “Underperform” rating by FBR Capital on Monday, February 13. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 3. The stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) earned “Hold” rating by KeyBanc Capital Markets on Friday, November 3. The firm has “Underperform” rating given on Wednesday, November 9 by Bank of America. FBR Capital downgraded it to “Underperform” rating and $12 target in Thursday, November 10 report.

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