American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has analysts on the Bullish side this week.

May 22, 2018 - By Stephen Andrade

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 is positive, as 16 investors sold American Axle & Manufacturing Holdings, Inc. 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.
31,204 were accumulated by Metropolitan Life Insur New York. Plante Moran Advsr Limited Liability Company holds 0.01% or 1,208 shares in its portfolio. Lazard Asset Management Limited Liability Company reported 0.01% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Foundry Ptnrs Lc invested 0.58% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Moreover, Janney Capital Management Lc has 0.01% invested in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Fmr Limited Liability holds 0.01% or 3.04 million shares in its portfolio. Peak6 Invests L P holds 0.02% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) for 209,741 shares. Prelude Capital Mngmt Limited Liability invested in 0% or 1,862 shares. Pub Employees Retirement Association Of Colorado has invested 0% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Deutsche Bank Ag holds 0.05% of its portfolio in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) for 4.68 million shares. 18,402 were reported by Hap Trading Lc. Leuthold Limited Com owns 175,464 shares. Arizona State Retirement System accumulated 0.03% or 166,476 shares. Northern Trust Corporation has invested 0.01% in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL). Capital Fund Mgmt Sa invested in 202,871 shares or 0.02% of the stock.

Since December 15, 2017, it had 0 buys, and 4 sales for $5.01 million activity. $1.72 million worth of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) was sold by Thanopoulos George. Satine Alberto L sold $380,488 worth of stock.

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 “Buy” rating given on Tuesday, May 8 by Citigroup. RBC Capital Markets maintained American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) on Friday, January 19 with “Buy” rating. The rating was upgraded by Citigroup on Tuesday, March 27 to “Buy”. The stock of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has “Buy” rating given on Tuesday, December 19 by RBC Capital Markets. The rating was maintained by FBR Capital with “Sell” on Monday, May 7. Susquehanna maintained it with “Hold” rating and $17.0 target in Wednesday, March 14 report. The stock has “Buy” rating by Guggenheim on Thursday, April 19. On Thursday, March 22 the stock rating was upgraded by Morgan Stanley to “Overweight”. Below is a list of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) latest ratings and price target changes.

07/05/2018 Broker: FBR Capital Rating: Sell New Target: $12.0000 Maintain
08/05/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $20 New Target: $23 Maintain
19/04/2018 Broker: Guggenheim Rating: Buy New Target: $19.0000 Maintain
27/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
22/03/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Overweight Upgrade
14/03/2018 Broker: Susquehanna Rating: Hold New Target: $17.0 Maintain
19/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $25.0 Maintain
08/01/2018 Broker: Barclays Capital Rating: Buy New Target: $25.0
19/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $24.0 Maintain

The stock increased 0.93% or $0.15 during the last trading session, reaching $16.27. About 1.20M shares traded. American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has declined 17.15% since May 22, 2017 and is downtrending. It has 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 market cap of $1.82 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 5.07 P/E ratio. The firm offers its products for light trucks, sport utility vehicles, passenger cars, and crossover and commercial vehicles.

More important recent American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) news were published by: Globenewswire.com which released: “New Research: Key Drivers of Growth for ManpowerGroup, JC Penney, HP, American Axle & Manufacturing, Mondelez …” on May 16, 2018, also Prnewswire.com published article titled: “AAM to Present at the 2018 Barclays High Yield Bond and Syndicated Loan Conference on May 22”, Streetinsider.com published: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018. More interesting news about American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) was released by: Seekingalpha.com and their article: “American Axle & Manufacturing’s (AXL) CEO David Dauch on Q1 2018 Results – Earnings Call Transcript” with publication date: May 05, 2018.

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

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