Capital One National Association Buys Shares of 19,669 American Axle & Manufact. Holdings, Inc. (AXL)

Capital One National Association acquired a new position in American Axle & Manufact. Holdings, Inc. (NYSE:AXL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 19,669 shares of the auto parts company’s stock, valued at approximately $369,000.

Other institutional investors have also modified their holdings of the company. Sei Investments Co. increased its position in shares of American Axle & Manufact. Holdings by 1,152.1% in the third quarter. Sei Investments Co. now owns 8,389 shares of the auto parts company’s stock worth $144,000 after buying an additional 7,719 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of American Axle & Manufact. Holdings by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 8,440 shares of the auto parts company’s stock worth $158,000 after buying an additional 170 shares during the last quarter. Bluestein R H & Co. acquired a new position in shares of American Axle & Manufact. Holdings during the fourth quarter worth about $193,000. Origin Asset Management LLP acquired a new position in shares of American Axle & Manufact. Holdings during the fourth quarter worth about $224,000. Finally, Miles Capital Inc. increased its position in shares of American Axle & Manufact. Holdings by 7.3% in the fourth quarter. Miles Capital Inc. now owns 11,779 shares of the auto parts company’s stock worth $227,000 after buying an additional 805 shares during the last quarter. 98.33% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for American Axle & Manufact. Holdings (NYSE:AXL)

American Axle & Manufact. Holdings, Inc. (NYSE:AXL) traded up 0.25% during midday trading on Friday, reaching $15.81. 581,185 shares of the company’s stock traded hands. The company has a market capitalization of $1.76 billion, a PE ratio of 4.83 and a beta of 1.37. The firm’s 50 day moving average price is $17.21 and its 200-day moving average price is $18.23. American Axle & Manufact. Holdings, Inc. has a 1-year low of $12.61 and a 1-year high of $21.25.

American Axle & Manufact. Holdings (NYSE:AXL) last released its quarterly earnings data on Friday, May 5th. The auto parts company reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.15. American Axle & Manufact. Holdings had a net margin of 6.10% and a return on equity of 54.01%. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the company earned $0.78 EPS. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. Equities analysts expect that American Axle & Manufact. Holdings, Inc. will post $3.38 EPS for the current year.

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AXL has been the topic of a number of recent analyst reports. FBR & Co downgraded American Axle & Manufact. Holdings from a “market perform” rating to an “underperform” rating in a research report on Tuesday, January 31st. Citigroup Inc downgraded American Axle & Manufact. Holdings from a “buy” rating to a “neutral” rating and upped their target price for the company from $21.00 to $24.00 in a research report on Monday, February 13th. They noted that the move was a valuation call. Zacks Investment Research raised American Axle & Manufact. Holdings from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a research report on Tuesday, February 14th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a $23.00 target price on shares of American Axle & Manufact. Holdings in a research report on Monday, May 8th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. American Axle & Manufact. Holdings currently has an average rating of “Hold” and an average target price of $20.38.

American Axle & Manufact. Holdings Company Profile

American Axle & Manufacturing Holdings, Inc (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels.

5 Day Chart for NYSE:AXL

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