Country Club Trust Company n.a. Acquires 14,359 Shares of Axalta Coating Systems Ltd (AXTA)

Country Club Trust Company n.a. boosted its holdings in Axalta Coating Systems Ltd (NYSE:AXTA) by 183.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,194 shares of the specialty chemicals company’s stock after acquiring an additional 14,359 shares during the period. Country Club Trust Company n.a.’s holdings in Axalta Coating Systems were worth $718,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Axalta Coating Systems by 927.6% during the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,059 shares of the specialty chemicals company’s stock valued at $117,000 after buying an additional 3,664 shares during the last quarter. Commonwealth Bank of Australia raised its holdings in shares of Axalta Coating Systems by 18.1% during the second quarter. Commonwealth Bank of Australia now owns 4,581 shares of the specialty chemicals company’s stock valued at $146,000 after buying an additional 703 shares during the last quarter. Acrospire Investment Management LLC raised its holdings in shares of Axalta Coating Systems by 257.0% during the second quarter. Acrospire Investment Management LLC now owns 4,862 shares of the specialty chemicals company’s stock valued at $156,000 after buying an additional 3,500 shares during the last quarter. Advisor Group Inc. raised its holdings in shares of Axalta Coating Systems by 217.3% during the second quarter. Advisor Group Inc. now owns 5,603 shares of the specialty chemicals company’s stock valued at $179,000 after buying an additional 3,837 shares during the last quarter. Finally, K2 Principal Fund L.P. bought a new stake in shares of Axalta Coating Systems during the second quarter valued at approximately $202,000. 99.21% of the stock is currently owned by hedge funds and other institutional investors.

Axalta Coating Systems Ltd (NYSE AXTA) opened at $32.44 on Friday. Axalta Coating Systems Ltd has a 12 month low of $27.66 and a 12 month high of $38.20. The company has a current ratio of 2.11, a quick ratio of 1.50 and a debt-to-equity ratio of 2.69. The company has a market cap of $7,971.59, a P/E ratio of 135.17, a P/E/G ratio of 1.72 and a beta of 1.55.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Thursday, October 26th. The specialty chemicals company reported $0.26 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.03. Axalta Coating Systems had a net margin of 1.46% and a return on equity of 19.91%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business earned $0.33 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. research analysts expect that Axalta Coating Systems Ltd will post 1.15 EPS for the current fiscal year.

A number of research firms have recently weighed in on AXTA. Zacks Investment Research cut Axalta Coating Systems from a “hold” rating to a “sell” rating in a report on Tuesday. TheStreet cut Axalta Coating Systems from a “b-” rating to a “c+” rating in a report on Thursday, December 28th. UBS Group began coverage on Axalta Coating Systems in a report on Tuesday, December 19th. They set a “market perform” rating on the stock. Raymond James Financial began coverage on Axalta Coating Systems in a report on Tuesday, December 19th. They set a “market perform” rating on the stock. Finally, Vertical Research cut Axalta Coating Systems from a “buy” rating to a “hold” rating and set a $31.00 price target on the stock. in a report on Friday, December 1st. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $33.73.

In other Axalta Coating Systems news, SVP Michael F. Finn sold 3,950 shares of Axalta Coating Systems stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $32.66, for a total value of $129,007.00. Following the transaction, the senior vice president now owns 108,818 shares in the company, valued at $3,553,995.88. The transaction was disclosed in a document filed with the SEC, which is available at this link. 2.30% of the stock is owned by company insiders.

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Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. is a holding company. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company’s segments include Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base.

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Institutional Ownership by Quarter for Axalta Coating Systems (NYSE:AXTA)

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