The Producers Life Insurance coverage Firm decreased its holdings in Axalta Coating Techniques Ltd. (NYSE: AXTA) through the third quarter by 2.5%, as acknowledged in the latest Kind 13F that the corporate filed with the Securities and Change Fee. The group now has a complete of two,226,772 shares of the specialty chemical compounds 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 accordance with the latest submitting that it has made with the SEC. In the mean time, this holding is estimated to be price $46,896,000.
Latest transactions have resulted in a number of institutional buyers and different hedge funds modifying the quantity of the corporate’s inventory that they at present maintain of their portfolios. Gamco Buyers elevated the proportion of Axalta Coating Techniques inventory owned by 5.9% through the 12 months’s second quarter. On account of the acquisition of seven,400 further shares through the interval, Gamco Buyers Inc. and related entities now maintain a complete of 132,100 shares of the specialty chemical compounds 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 price of Axalta Coating Techniques shares through the second quarter, bringing the full funding to roughly that quantity. Allspring International Investments Holdings LLC elevated the proportion of Axalta Coating Techniques inventory owned by 1.4% through the third quarter. Allspring International Investments Holdings LLC elevated its stake within the specialty chemical compounds firm by buying an extra 31,220 shares throughout the latest 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 compounds firm after buying an extra 11,120 shares throughout this era. These shares are at present price $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 compounds 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 might be discovered right here. In a analysis observe printed on January eleventh, UBS Group upgraded Axalta Coating Techniques to a “purchase” score and elevated their worth goal on the corporate from $29.00 to $31.00. Each of those strikes have been made concerning 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 observe printed on October seventeenth, Deutsche Financial institution Aktiengesellschaft downgraded Axalta Coating Techniques from a “maintain” score to a “promote” score and decreased their worth goal for the corporate from $28.00 to $25.00. This motion was taken together with a discount in t
