American Axle & Manufacturing Holdings, Inc. $DCH Shares Bought by American Century Companies Inc.

American Century Companies Inc. boosted its position in shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) by 8.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,942,565 shares of the auto parts company’s stock after buying an additional 364,180 shares during the quarter. American Century Companies Inc. owned 4.17% of American Axle & Manufacturing worth $29,705,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in American Axle & Manufacturing by 8.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,381 shares of the auto parts company’s stock worth $124,000 after purchasing an additional 2,243 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of American Axle & Manufacturing by 7.4% during the second quarter. The Manufacturers Life Insurance Company now owns 43,524 shares of the auto parts company’s stock valued at $178,000 after buying an additional 2,993 shares in the last quarter. Hantz Financial Services Inc. raised its position in American Axle & Manufacturing by 267.7% during the third quarter. Hantz Financial Services Inc. now owns 4,383 shares of the auto parts company’s stock valued at $26,000 after buying an additional 3,191 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in American Axle & Manufacturing by 27.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 27,317 shares of the auto parts company’s stock worth $158,000 after acquiring an additional 5,909 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in American Axle & Manufacturing by 27.1% in the 2nd quarter. Cetera Investment Advisers now owns 33,774 shares of the auto parts company’s stock worth $138,000 after acquiring an additional 7,197 shares in the last quarter. 91.41% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about American Axle & Manufacturing

Here are the key news stories impacting American Axle & Manufacturing this week:

• Positive Sentiment: Deutsche Bank upgraded DCH from “hold” to “buy” and set an $8.00 price target (≈42.6% above the current price), which can attract buyers and provide near-term upside support. Deutsche Bank Upgrade
• Positive Sentiment: Recent quarterly results showed an earnings beat (Q4 EPS of $0.07 vs. consensus ($0.02)) and slight year-over-year revenue growth, giving fundamental backing to the upgrade and reducing downside risk from operations. DCH Earnings Summary
• Neutral Sentiment: Multiple short-form “head-to-head” competitor comparison pieces were published (AmericanBankingNews ran several March 5–6 articles). These are largely aggregative comparisons rather than proprietary catalysts, so they increase newsflow but are unlikely to materially change fundamentals on their own. AmericanBankingNews Head-to-Head
• Negative Sentiment: Technical and balance-sheet/market-pressure factors may be weighing on the stock: DCH sits below its 50‑day moving average (~$8.23), average trading volume is higher than today’s volume (suggesting weaker conviction), and the company carries significant leverage (debt/equity ~3.61), which can limit upside and increase downside risk in a weak auto-cycle. DCH Price & Metrics

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Bank of America started coverage on American Axle & Manufacturing in a research note on Wednesday. They set a “neutral” rating on the stock. UBS Group increased their price target on shares of American Axle & Manufacturing from $8.50 to $10.50 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Weiss Ratings cut shares of American Axle & Manufacturing from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft raised shares of American Axle & Manufacturing from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a research report on Thursday. Finally, Zacks Research downgraded shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, American Axle & Manufacturing currently has a consensus rating of “Hold” and a consensus target price of $10.12.

American Axle & Manufacturing Stock Down 4.6%

Shares of DCH stock opened at $5.57 on Friday. American Axle & Manufacturing Holdings, Inc. has a fifty-two week low of $3.00 and a fifty-two week high of $9.25. The company has a current ratio of 2.95, a quick ratio of 2.57 and a debt-to-equity ratio of 6.31. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -30.94, a PEG ratio of 0.51 and a beta of 1.61.

American Axle & Manufacturing (NYSE:DCH) last announced its quarterly earnings results on Friday, February 13th. The auto parts company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.09. The business had revenue of $1.38 billion during the quarter. American Axle & Manufacturing had a positive return on equity of 10.00% and a negative net margin of 0.34%.The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.06) earnings per share. On average, research analysts forecast that American Axle & Manufacturing Holdings, Inc. will post 0.57 EPS for the current year.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc (NYSE: AXL) is a global designer, engineer and manufacturer of driveline and drivetrain systems and components for light vehicles, commercial trucks and off-highway applications. The company’s core product portfolio includes axles, driveshafts, half-shafts, drive module assemblies and differential gears, as well as advanced metallic and composite structures for electric and hybrid vehicles. AAM’s capabilities also encompass system testing, rapid prototyping and precision machining to support both high-volume production and low-volume, specialty vehicle applications.

Founded in 1994 following the divestiture of the Detroit Axle Division of General Motors, American Axle & Manufacturing completed its initial public offering in 1998.