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

May 16, 2018 - By Susanne Funderburg

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 is positive. 100 increased stakes while 52 funds amassed stakes. Funds hold 113.60 million shares thus 1.43% less from 2017Q3’s 115.24 million shares.

Lazard Asset Management Limited Liability Com has 0.01% invested in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Moreover, Voya Invest Mgmt Lc has 0% invested in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Australia-based Macquarie Grp Limited has invested 0% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Manufacturers Life Insur Company The accumulated 74,577 shs. Hudson Bay Cap Management Ltd Partnership invested in 0.01% or 37,063 shs. Mutual Of America Cap Ltd Liability Corp, a New York-based fund reported 217,975 shs. 93,369 are owned by One Trading L P. Meeder Asset Mgmt, a Ohio-based fund reported 2,932 shs. Envestnet Asset Mngmt stated it has 5,637 shs. Vanguard Inc has 0.01% invested in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Laurion Capital Mngmt Limited Partnership holds 305,587 shs or 0.03% of its capital. The New York-based Renaissance Ltd Liability Corporation has invested 0.02% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). 31,114 are owned by Ontario Teachers Pension Plan Board. Ellington Ltd Company has 75,769 shs for 0.21% of their capital. Pub Employees Retirement Association Of Colorado holds 12,513 shs or 0% of its capital.

American Axle & Manufacturing Holdings, Inc. had 4 insider sales and 0 insider purchases since December 15, 2017. This’s net activity of $5.01 million. On Tuesday, March 13 Lynch Michael Joseph had sold 16,337 shs worth $256,164. Shares for $380,488 were sold by Satine Alberto L on Tuesday, March 13.

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

In the following link 000091957418003851 you can find SC 13G SEC filling about American Axle & Manufacturing Holdings Inc, registered by Anchor Bolt Capital.The Robert Polak’s Anchor Bolt Capital’s position increased by 50.95 % for 7,707,366 shares.On May 8, 2018 Robert Polak’s Anchor Bolt Capital owns 6.9% of the Consumer Discretionary- stock.

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

The hedge fund have positions in the Finance sector. 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 Securities and Exchange Commission 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.

The stock take place in the top Ten portfolios of 2 managers. Significant investors are: Anchor Bolt Capital Lp..

As of Q3 2017 Northpointe Capital Llc is owning 1.05% of its US portfolio or 560562 shares. The stake that Sib Llc posted worth 1.60% of its portfolio 126666 shares. Further, Anchor Bolt Capital Lp posted stake worth 1.72% of the manager�s US portfolio. 242500 shares owns NY Anchor Bolt Capital Lp which is 2.00% of their stock portfolio. The 25691349 shares are had by NY American Securities Llc. American Axle & Manufacturing Holdings Inc is 48.25% of its portfolio.

Robert Polak’s Anchor Bolt Capital website.

Earnings report for American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) is anticipated on July, 27., according to RTT. Last year’s EPS was $0.99, while now analysts expect change of 13.13 % up from current $1.12 EPS. If reported the P/E will be 3.56 with $125.06M profit. Analysts at Wall Street see American Axle & Manufacturing Holdings, Inc.’s 14.29 % EPS growth compared to $0.98 EPS for previous quarter.

Ticker’s shares touched $15.95 during the last trading session after 2.51% change.American Axle & Manufacturing Holdings, Inc. has volume of 1.47M shares. Since May 17, 2017 AXL has declined 17.15% and is downtrending. AXL underperformed by 28.70% the S&P500.

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 $1.78 billion market cap. 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.4.97 is the P/E ratio. 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

Total analysts of 7 have positions in American Axle (NYSE:AXL) as follows: 5 rated it a “Buy”, 1 with “Sell” and 1 with “Hold”. The positive are 71%. The firm has $25.0 highest while $1200 is the lowest price target. The average target $20.17 is 26.46% above the last ($15.95) price. Since December 19, 2017 according to StockzIntelligence Inc American Axle has 9 analyst reports. On Thursday, March 22 the stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has “Overweight” rating given by Morgan Stanley. On Monday, May 7 the stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has “Sell” rating given by FBR Capital. The stock rating was maintained by Susquehanna with “Hold” on Wednesday, March 14. On Tuesday, May 8 the stock has “Buy” rating by Citigroup. In Thursday, April 19 report Guggenheim maintained it with “Buy” rating and $1900 target. On Tuesday, December 19 the stock has “Buy” rating by RBC Capital Markets. On Friday, January 19 the firm has “Buy” rating by RBC Capital Markets given. On Tuesday, March 27 the rating was upgraded by Citigroup to “Buy”.

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