Ak Steel Hldg (AKS) Position Upped by Bw Gestao De Investimentos Ltda; As Allison Transmission Hldgs I (ALSN) Market Value Declined, Sq Advisors Has Trimmed Its Stake

May 22, 2018 - By Winifred Garcia

AK Steel Holding Corporation (NYSE:AKS) Logo

Bw Gestao De Investimentos Ltda increased its stake in Ak Steel Hldg Corp (AKS) by 83.33% based on its latest 2017Q4 regulatory filing with the SEC. Bw Gestao De Investimentos Ltda bought 1.25 million shares as the company’s stock declined 23.12% with the market. The institutional investor held 2.75 million shares of the steel and iron ore company at the end of 2017Q4, valued at $15.57M, up from 1.50 million at the end of the previous reported quarter. Bw Gestao De Investimentos Ltda who had been investing in Ak Steel Hldg Corp for a number of months, seems to be bullish on the $1.41 billion market cap company. The stock decreased 5.11% or $0.24 during the last trading session, reaching $4.46. About 12.93 million shares traded. AK Steel Holding Corporation (NYSE:AKS) has declined 38.26% since May 22, 2017 and is downtrending. It has underperformed by 49.81% the S&P500.

Lou Simpson decreased its stake in Allison Transmission Hldgs I (ALSN) by 0.14% based on its latest 2017Q4 regulatory filing with the SEC. Sq Advisors Llc sold 10,272 shares as the company’s stock declined 12.17% with the market. The hedge fund run by Lou Simpson held 7.17M shares of the capital goods company at the end of 2017Q4, valued at $308.60M, down from 7.18M at the end of the previous reported quarter. Sq Advisors Llc who had been investing in Allison Transmission Hldgs I for a number of months, seems to be less bullish one the $6.09 billion market cap company. The stock increased 2.71% or $1.17 during the last trading session, reaching $44.35. About 1.53 million shares traded or 3.70% up from the average. Allison Transmission Holdings, Inc. (NYSE:ALSN) has risen 7.85% since May 22, 2017 and is uptrending. It has underperformed by 3.70% the S&P500.

Investors sentiment increased to 1.1 in Q4 2017. Its up 0.04, from 1.06 in 2017Q3. It increased, as 22 investors sold ALSN shares while 97 reduced holdings. 52 funds opened positions while 79 raised stakes. 149.21 million shares or 1.73% less from 151.84 million shares in 2017Q3 were reported. Convergence Prns Ltd Company, Wisconsin-based fund reported 35,545 shares. 299,540 are held by Nuveen Asset Limited Liability Company. M&T Natl Bank stated it has 37,455 shares. Schroder Management Gru holds 2.08M shares or 0.15% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) owns 8,169 shares. Walleye Trading Ltd Limited Liability Company invested 0% in Allison Transmission Holdings, Inc. (NYSE:ALSN). 607,131 are owned by Lord Abbett & Ltd Liability Co. 76 are held by Whittier Trust Of Nevada. Geode Capital Management Limited Liability Company stated it has 1.97M shares. Brown Brothers Harriman invested in 40 shares or 0% of the stock. Macquarie Grp Limited accumulated 164,076 shares. 1.39 million were reported by Old Mutual Investors (Uk). Frontier Cap Management Ltd Liability Corporation reported 498 shares stake. Meeder Asset Mngmt invested 0.09% of its portfolio in Allison Transmission Holdings, Inc. (NYSE:ALSN). The California-based First Quadrant Ltd Partnership Ca has invested 0.53% in Allison Transmission Holdings, Inc. (NYSE:ALSN).

Since December 12, 2017, it had 0 buys, and 13 insider sales for $94.12 million activity. The insider Graziosi David S. sold 58,800 shares worth $2.50M. Another trade for 6,565 shares valued at $288,872 was sold by Dick Michael. Scroggins Eric C. sold $190,533 worth of Allison Transmission Holdings, Inc. (NYSE:ALSN) on Wednesday, January 3.

More important recent Allison Transmission Holdings, Inc. (NYSE:ALSN) news were published by: Seekingalpha.com which released: “Allison Transmission 2018 Q1 – Results – Earnings Call Slides” on May 01, 2018, also Seekingalpha.com published article titled: “Allison Transmission promotes Fred Bohley to CFO”, Streetinsider.com published: “Allison Transmission (ALSN) Names Fred Bohley as next CFO” on May 11, 2018. More interesting news about Allison Transmission Holdings, Inc. (NYSE:ALSN) was released by: Seekingalpha.com and their article: “Tracking Lou Simpson’s SQ Advisors Portfolio – Q1 2018 Update” with publication date: May 18, 2018.

Among 22 analysts covering Allison Transmission Holdings (NYSE:ALSN), 9 have Buy rating, 5 Sell and 8 Hold. Therefore 41% are positive. Allison Transmission Holdings had 79 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded Allison Transmission Holdings, Inc. (NYSE:ALSN) rating on Friday, February 16. Stifel Nicolaus has “Buy” rating and $50.0 target. The firm has “Hold” rating given on Wednesday, August 2 by Deutsche Bank. The firm has “Buy” rating given on Tuesday, October 10 by RBC Capital Markets. Deutsche Bank downgraded the stock to “Sell” rating in Tuesday, September 5 report. The rating was downgraded by J.P. Morgan on Friday, February 16 to “Sell”. As per Thursday, August 17, the company rating was downgraded by J.P. Morgan. The firm earned “Hold” rating on Tuesday, September 22 by Deutsche Bank. The firm has “Buy” rating given on Wednesday, September 6 by RBC Capital Markets. The rating was downgraded by JP Morgan to “Neutral” on Thursday, August 17. The stock of Allison Transmission Holdings, Inc. (NYSE:ALSN) earned “Sell” rating by Piper Jaffray on Friday, November 17.

Analysts await Allison Transmission Holdings, Inc. (NYSE:ALSN) to report earnings on July, 30. They expect $0.99 earnings per share, up 57.14% or $0.36 from last year’s $0.63 per share. ALSN’s profit will be $136.03 million for 11.20 P/E if the $0.99 EPS becomes a reality. After $1.08 actual earnings per share reported by Allison Transmission Holdings, Inc. for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.

Among 21 analysts covering AK Steel Holding Corporation (NYSE:AKS), 8 have Buy rating, 2 Sell and 11 Hold. Therefore 38% are positive. AK Steel Holding Corporation had 90 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, September 15 with “Hold”. The rating was maintained by Cowen & Co on Wednesday, July 27 with “Market Perform”. On Monday, October 3 the stock rating was upgraded by Deutsche Bank to “Hold”. The firm has “Hold” rating by Cowen & Co given on Tuesday, October 24. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Buy” rating by Longbow on Monday, June 19. The firm has “Equal-Weight” rating given on Tuesday, January 12 by Barclays Capital. The rating was initiated by BB&T Capital on Thursday, September 10 with “Hold”. The firm earned “Outperform” rating on Tuesday, November 21 by Credit Suisse. The stock of AK Steel Holding Corporation (NYSE:AKS) has “Hold” rating given on Wednesday, July 27 by Jefferies. BMO Capital Markets maintained it with “Market Perform” rating and $5 target in Wednesday, November 1 report.

Since May 8, 2018, it had 0 buys, and 1 sale for $45,712 activity.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.30, from 0.83 in 2017Q3. It is positive, as 52 investors sold AKS shares while 51 reduced holdings. 44 funds opened positions while 72 raised stakes. 208.02 million shares or 5.36% more from 197.43 million shares in 2017Q3 were reported. 21,050 are owned by Next Gp Inc. Luminus accumulated 398,076 shares or 0.05% of the stock. Bw Gestao De Investimentos Ltda holds 2.75 million shares or 2.24% of its portfolio. Goldman Sachs Grp has 1.03 million shares. Levin Capital Strategies LP stated it has 15,000 shares. Northwestern Mutual Wealth Mgmt accumulated 200 shares. Crawford Investment Counsel holds 10,476 shares or 0% of its portfolio. Blair William Il invested in 11,650 shares or 0% of the stock. Cushing Asset LP stated it has 589,136 shares or 0.1% of all its holdings. Wells Fargo & Company Mn has invested 0% in AK Steel Holding Corporation (NYSE:AKS). Huntington Bancorp holds 0% of its portfolio in AK Steel Holding Corporation (NYSE:AKS) for 4,025 shares. 2,700 were reported by Architects. Principal Financial Gp has 0.01% invested in AK Steel Holding Corporation (NYSE:AKS) for 2.39M shares. Edge Wealth Limited Liability Corp stated it has 0.08% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). Lpl Lc invested in 0% or 81,550 shares.

More notable recent AK Steel Holding Corporation (NYSE:AKS) news were published by: Globenewswire.com which released: “GM Recognizes AK Steel for Performance, Quality, and Innovation” on April 24, 2018, also Seekingalpha.com with their article: “US Steel, AK Steel tumble on Trump tariff delay” published on May 21, 2018, Streetinsider.com published: “Wall St. rises on trade war truce; industrials lead” on May 21, 2018. More interesting news about AK Steel Holding Corporation (NYSE:AKS) were released by: Seekingalpha.com and their article: “Do Not Buy AK Steel, Yet” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “US imposes duties on Chinese steel shipped from Vietnam” with publication date: May 21, 2018.

AK Steel Holding Corporation (NYSE:AKS) Institutional Positions Chart

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