Axalta Coating Systems Ltd. (NYSE:AXTA) Shares Purchased by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. grew its holdings in shares of Axalta Coating Systems Ltd. (NYSE:AXTA - Free Report) by 54.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,587,090 shares of the specialty chemicals company's stock after purchasing an additional 1,980,296 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 2.56% of Axalta Coating Systems worth $191,190,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Oak Thistle LLC increased its holdings in Axalta Coating Systems by 434.3% in the fourth quarter. Oak Thistle LLC now owns 39,535 shares of the specialty chemicals company's stock valued at $1,353,000 after buying an additional 32,135 shares in the last quarter. Lord Abbett & CO. LLC grew its holdings in shares of Axalta Coating Systems by 5.8% in the 3rd quarter. Lord Abbett & CO. LLC now owns 445,836 shares of the specialty chemicals company's stock worth $16,135,000 after acquiring an additional 24,402 shares during the period. American Century Companies Inc. increased its stake in Axalta Coating Systems by 57.8% in the 4th quarter. American Century Companies Inc. now owns 356,017 shares of the specialty chemicals company's stock valued at $12,183,000 after purchasing an additional 130,427 shares in the last quarter. Principal Securities Inc. raised its holdings in Axalta Coating Systems by 5.5% during the fourth quarter. Principal Securities Inc. now owns 6,378 shares of the specialty chemicals company's stock worth $218,000 after purchasing an additional 332 shares during the last quarter. Finally, Barclays PLC raised its holdings in Axalta Coating Systems by 50.4% during the third quarter. Barclays PLC now owns 154,483 shares of the specialty chemicals company's stock worth $5,589,000 after purchasing an additional 51,748 shares during the last quarter. 98.28% of the stock is owned by hedge funds and other institutional investors.

Axalta Coating Systems Trading Down 1.4 %

AXTA stock traded down $0.46 on Friday, hitting $31.82. 1,146,872 shares of the company were exchanged, compared to its average volume of 2,029,486. The stock has a market capitalization of $6.94 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 0.92 and a beta of 1.33. The business's fifty day moving average is $33.28 and its two-hundred day moving average is $35.84. Axalta Coating Systems Ltd. has a twelve month low of $27.70 and a twelve month high of $41.66. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.01 and a quick ratio of 1.47.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The specialty chemicals company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.09. Axalta Coating Systems had a return on equity of 26.29% and a net margin of 7.41%. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the firm posted $0.43 EPS. The business's revenue for the quarter was up 1.1% on a year-over-year basis. As a group, research analysts forecast that Axalta Coating Systems Ltd. will post 2.55 earnings per share for the current year.

Insider Transactions at Axalta Coating Systems

In related news, insider Troy D. Weaver sold 10,457 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $37.57, for a total transaction of $392,869.49. Following the completion of the sale, the insider now owns 74,905 shares of the company's stock, valued at approximately $2,814,180.85. This represents a 12.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.40% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AXTA. Wolfe Research upgraded Axalta Coating Systems from a "peer perform" rating to an "outperform" rating and set a $41.00 price target for the company in a research report on Friday, January 17th. Wells Fargo & Company lowered their price objective on shares of Axalta Coating Systems from $42.00 to $37.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 9th. StockNews.com cut shares of Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a research report on Friday, February 28th. BNP Paribas upgraded shares of Axalta Coating Systems from a "neutral" rating to an "outperform" rating and set a $38.00 price target on the stock in a research report on Thursday, April 10th. Finally, Mizuho set a $37.00 price objective on shares of Axalta Coating Systems in a research note on Tuesday, April 15th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $41.36.

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.