Hantz Financial Services Inc. Has $3.27 Million Position in Knowles Co. (NYSE:KN)

Hantz Financial Services Inc. cut its holdings in shares of Knowles Co. (NYSE:KN) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 164,296 shares of the communications equipment provider’s stock after selling 736 shares during the period. Hantz Financial Services Inc. owned 0.19% of Knowles worth $3,274,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hsbc Holdings PLC boosted its holdings in Knowles by 4.8% during the second quarter. Hsbc Holdings PLC now owns 14,489 shares of the communications equipment provider’s stock worth $248,000 after buying an additional 661 shares during the last quarter. Bank of Montreal Can bought a new stake in Knowles in the 2nd quarter valued at approximately $381,000. AQR Capital Management LLC lifted its position in shares of Knowles by 222.3% in the second quarter. AQR Capital Management LLC now owns 82,387 shares of the communications equipment provider’s stock worth $1,422,000 after purchasing an additional 56,825 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Knowles by 2.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 44,633 shares of the communications equipment provider’s stock worth $770,000 after buying an additional 1,257 shares during the last quarter. Finally, Creative Planning grew its stake in Knowles by 11.0% in the second quarter. Creative Planning now owns 148,580 shares of the communications equipment provider’s stock valued at $2,564,000 after purchasing an additional 14,688 shares in the last quarter. 96.35% of the stock is owned by institutional investors.

Knowles Stock Performance

Shares of Knowles stock opened at $18.98 on Friday. The firm has a market capitalization of $1.67 billion, a P/E ratio of -8.11 and a beta of 1.43. Knowles Co. has a fifty-two week low of $14.97 and a fifty-two week high of $20.85. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.35 and a quick ratio of 1.67. The company’s 50 day moving average price is $19.77 and its two-hundred day moving average price is $18.49.

Analyst Upgrades and Downgrades

KN has been the topic of a number of research analyst reports. Craig Hallum raised shares of Knowles to a “strong-buy” rating in a report on Wednesday, October 16th. StockNews.com cut Knowles from a “buy” rating to a “hold” rating in a research note on Saturday, October 26th. Finally, Susquehanna dropped their target price on shares of Knowles from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, October 25th.

Insider Transactions at Knowles

In related news, SVP Robert J. Perna sold 21,080 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $17.56, for a total value of $370,164.80. Following the sale, the senior vice president now directly owns 66,063 shares in the company, valued at $1,160,066.28. This represents a 24.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Air A. Jr. Bastarrica sold 3,762 shares of Knowles stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $19.46, for a total transaction of $73,208.52. Following the transaction, the vice president now directly owns 61,681 shares of the company’s stock, valued at $1,200,312.26. This represents a 5.75 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 182,541 shares of company stock worth $3,436,500. Insiders own 2.65% of the company’s stock.

Knowles Profile

Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).