The Producers Life Insurance coverage Firm decreased its holdings in Axalta Coating Techniques Ltd. (NYSE: AXTA) through the third quarter by 2.5%, as said in the newest Type 13F that the corporate filed with the Securities and Trade Fee. The group now has a complete of two,226,772 shares of the specialty chemical substances firm’s inventory after promoting 56,177 shares of the corporate’s inventory through the quarter. The Producers Life Insurance coverage Firm is estimated to personal roughly 1.01% of Axalta Coating Techniques, in line with the newest submitting that it has made with the SEC. In the intervening time, this holding is estimated to be value $46,896,000.
Current transactions have resulted in a number of institutional buyers and different hedge funds modifying the quantity of the corporate’s inventory that they presently maintain of their portfolios. Gamco Traders elevated the proportion of Axalta Coating Techniques inventory owned by 5.9% through the yr’s second quarter. On account of the acquisition of seven,400 extra shares through the interval, Gamco Traders Inc. and related entities now maintain a complete of 132,100 shares of the specialty chemical substances firm’s inventory, which has an estimated market worth of $2,921,000. The portfolio of the Financial institution of Nova Scotia was elevated by roughly $10,635,000 value of Axalta Coating Techniques shares through the second quarter, bringing the entire funding to roughly that quantity. Allspring World Investments Holdings LLC elevated the proportion of Axalta Coating Techniques inventory owned by 1.4% through the third quarter. Allspring World Investments Holdings LLC elevated its stake within the specialty chemical substances firm by buying an extra 31,220 shares throughout the newest reporting interval. On account of these purchases, the corporate now owns a complete of two,247,118 shares of the corporate’s inventory, which has a market worth of $47,324,000. Y Intercept Hong Kong Ltd elevated its earlier funding in Axalta Coating Techniques by 120.1% through the second quarter. Y Intercept Hong Kong Ltd now owns 20,382 shares of the specialty chemical substances firm after buying an extra 11,120 shares throughout this era. These shares are presently value $450,000 on the present market worth. And eventually, through the second quarter, Rhumbline Advisers elevated the proportion of Axalta Coating Techniques inventory by 26.4%. Rhumbline Advisers now holds a complete of 214,721 shares of the specialty chemical substances firm’s inventory following the acquisition of an extra 44,898 shares through the interval in query. These shares have a mixed worth of $4,747,000 as a result of Rhumbline Advisers now holds 214,721 shares.
Analysis analysts have put collectively a number of experiences concerning AXTA. These experiences will be discovered right here. In a analysis notice revealed on January eleventh, UBS Group upgraded Axalta Coating Techniques to a “purchase” ranking and elevated their worth goal on the corporate from $29.00 to $31.00. Each of those strikes had been made in regards to the firm’s inventory. Citigroup elevated its worth goal for Axalta Coating Techniques from $25.60 to $30.29 in a analysis report made public on Thursday, December fifteenth. In a analysis notice revealed on October seventeenth, Deutsche Financial institution Aktiengesellschaft downgraded Axalta Coating Techniques from a “maintain” ranking to a “promote” ranking and decreased their worth goal for the corporate from $28.00 to $25.00. This motion was taken at the side of a discount in t