Cwm LLC Has $104,000 Stock Holdings in Axalta Coating Systems Ltd. (NYSE:AXTA)

Cwm LLC raised its stake in Axalta Coating Systems Ltd. (NYSE:AXTA) by 23.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,049 shares of the specialty chemicals company’s stock after buying an additional 575 shares during the quarter. Cwm LLC’s holdings in Axalta Coating Systems were worth $104,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its stake in Axalta Coating Systems by 47.7% in the 4th quarter. Fifth Third Bancorp now owns 1,046 shares of the specialty chemicals company’s stock valued at $36,000 after buying an additional 338 shares during the period. Treasurer of the State of North Carolina increased its stake in shares of Axalta Coating Systems by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 97,171 shares of the specialty chemicals company’s stock worth $2,614,000 after purchasing an additional 490 shares during the last quarter. Lmcg Investments LLC increased its stake in shares of Axalta Coating Systems by 2.3% during the 3rd quarter. Lmcg Investments LLC now owns 39,535 shares of the specialty chemicals company’s stock worth $1,063,000 after purchasing an additional 870 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. increased its stake in shares of Axalta Coating Systems by 1.1% during the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 80,345 shares of the specialty chemicals company’s stock worth $2,729,000 after purchasing an additional 890 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of Axalta Coating Systems by 0.5% during the 3rd quarter. Mackenzie Financial Corp now owns 172,500 shares of the specialty chemicals company’s stock worth $4,663,000 after purchasing an additional 900 shares during the last quarter. Institutional investors and hedge funds own 98.28% of the company’s stock.

Analyst Upgrades and Downgrades

AXTA has been the topic of several analyst reports. Citigroup increased their price target on shares of Axalta Coating Systems from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Wolfe Research initiated coverage on shares of Axalta Coating Systems in a research note on Friday, March 1st. They set a “peer perform” rating on the stock. Mizuho dropped their price target on shares of Axalta Coating Systems from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday, May 2nd. Wells Fargo & Company upped their price objective on shares of Axalta Coating Systems from $31.00 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 9th. Finally, Royal Bank of Canada upped their price objective on shares of Axalta Coating Systems from $39.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $38.00.

Axalta Coating Systems Price Performance

Shares of Axalta Coating Systems stock opened at $35.48 on Tuesday. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.07 and a quick ratio of 1.51. Axalta Coating Systems Ltd. has a fifty-two week low of $25.03 and a fifty-two week high of $35.59. The firm has a fifty day moving average price of $32.90 and a two-hundred day moving average price of $32.02. The company has a market cap of $7.83 billion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.51.

Axalta Coating Systems (NYSE:AXTA) last issued its quarterly earnings results on Wednesday, May 1st. The specialty chemicals company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.08. Axalta Coating Systems had a net margin of 4.77% and a return on equity of 21.82%. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $0.35 EPS. The business’s revenue was up 1.3% on a year-over-year basis. Analysts expect that Axalta Coating Systems Ltd. will post 1.99 EPS for the current year.

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.