GSA Capital Partners LLP Has $590,000 Position in Anixter International Inc. (AXE)

GSA Capital Partners LLP trimmed its position in shares of Anixter International Inc. (NYSE:AXE) by 37.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,943 shares of the technology company’s stock after selling 4,114 shares during the period. GSA Capital Partners LLP’s holdings in Anixter International were worth $590,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Anixter International by 4.5% during the 2nd quarter. Vanguard Group Inc. now owns 2,949,688 shares of the technology company’s stock valued at $230,666,000 after purchasing an additional 126,313 shares during the last quarter. Alliancebernstein L.P. grew its holdings in Anixter International by 5.9% during the 2nd quarter. Alliancebernstein L.P. now owns 1,456,881 shares of the technology company’s stock valued at $113,928,000 after purchasing an additional 81,578 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Anixter International by 4.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,379,703 shares of the technology company’s stock valued at $117,275,000 after purchasing an additional 63,922 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Anixter International by 12.2% during the 3rd quarter. Victory Capital Management Inc. now owns 979,820 shares of the technology company’s stock valued at $83,284,000 after purchasing an additional 106,813 shares during the last quarter. Finally, State Street Corp grew its holdings in Anixter International by 2.8% during the 2nd quarter. State Street Corp now owns 743,423 shares of the technology company’s stock valued at $58,132,000 after purchasing an additional 20,422 shares during the last quarter. Institutional investors own 87.90% of the company’s stock.

Anixter International Inc. (NYSE AXE) opened at $76.00 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.07 and a quick ratio of 1.17. The company has a market cap of $2,528.70, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.48 and a beta of 2.03. Anixter International Inc. has a one year low of $62.40 and a one year high of $88.60.

Anixter International (NYSE:AXE) last issued its earnings results on Tuesday, October 24th. The technology company reported $1.30 EPS for the quarter, missing the Zacks’ consensus estimate of $1.51 by ($0.21). The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.06 billion. Anixter International had a return on equity of 12.52% and a net margin of 1.86%. Anixter International’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.38 earnings per share. sell-side analysts anticipate that Anixter International Inc. will post 5.13 earnings per share for the current fiscal year.

Several brokerages recently commented on AXE. ValuEngine upgraded shares of Anixter International from a “hold” rating to a “buy” rating in a report on Friday. Zacks Investment Research upgraded shares of Anixter International from a “sell” rating to a “hold” rating in a report on Monday, September 11th. Finally, TheStreet downgraded shares of Anixter International from a “b-” rating to a “c” rating in a report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. Anixter International has a consensus rating of “Hold” and a consensus price target of $86.00.

In other Anixter International news, CEO Robert J. Eck sold 2,600 shares of the company’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $86.23, for a total value of $224,198.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP William Standish sold 1,758 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $65.00, for a total transaction of $114,270.00. The disclosure for this sale can be found here. Insiders sold a total of 16,358 shares of company stock worth $1,249,668 over the last 90 days. Insiders own 14.70% of the company’s stock.

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Anixter International Company Profile

Anixter International Inc is engaged in the distribution of enterprise cabling and security solutions, electrical and electronic wire and cable products and utility power solutions. The Company operates through three segments: Network & Security Solutions (NSS), Electrical & Electronic Solutions (EES), and Utility Power Solutions (UPS).

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Institutional Ownership by Quarter for Anixter International (NYSE:AXE)

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