Butensky & Cohen Financial Security Inc. raised its position in Knowles Corporation (NYSE:KN) by 1.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,281 shares of the communications equipment provider’s stock after buying an additional 1,015 shares during the period. Butensky & Cohen Financial Security Inc. owned about 0.07% of Knowles Corporation worth $1,105,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of KN. Dimensional Fund Advisors LP increased its stake in Knowles Corporation by 53.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,140,962 shares of the communications equipment provider’s stock worth $35,776,000 after buying an additional 749,385 shares during the period. Bank of Montreal Can increased its stake in Knowles Corporation by 6.6% in the first quarter. Bank of Montreal Can now owns 9,048 shares of the communications equipment provider’s stock worth $172,000 after buying an additional 562 shares during the period. Royce & Associates LP increased its stake in Knowles Corporation by 10.8% in the first quarter. Royce & Associates LP now owns 674,677 shares of the communications equipment provider’s stock worth $12,785,000 after buying an additional 66,000 shares during the period. Tudor Investment Corp Et Al purchased a new stake in Knowles Corporation during the fourth quarter worth $238,000. Finally, Canada Pension Plan Investment Board increased its stake in Knowles Corporation by 31.5% in the first quarter. Canada Pension Plan Investment Board now owns 9,600 shares of the communications equipment provider’s stock worth $182,000 after buying an additional 2,300 shares during the period.

Knowles Corporation (KN) traded up 0.49% during midday trading on Friday, reaching $16.49. The company’s stock had a trading volume of 461,952 shares. The firm’s market cap is $1.47 billion. Knowles Corporation has a 52 week low of $12.82 and a 52 week high of $19.90. The firm has a 50 day moving average price of $17.21 and a 200-day moving average price of $17.98.

Knowles Corporation (NYSE:KN) last announced its earnings results on Wednesday, April 26th. The communications equipment provider reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.03. Knowles Corporation had a positive return on equity of 6.69% and a negative net margin of 1.86%. The business had revenue of $193.70 million for the quarter, compared to the consensus estimate of $190 million. During the same period in the prior year, the business posted $0.08 earnings per share. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, analysts forecast that Knowles Corporation will post $0.99 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on KN shares. Zacks Investment Research downgraded Knowles Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, April 11th. Dougherty & Co began coverage on Knowles Corporation in a research report on Thursday, June 8th. They set a “buy” rating and a $22.00 target price on the stock. Finally, BidaskClub downgraded Knowles Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Knowles Corporation has an average rating of “Hold” and a consensus price target of $18.33.

About Knowles Corporation

Knowles Corporation is a global supplier of micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. The Company operates through two segments: Mobile Consumer Electronics (MCE) and Specialty Components (SC).

Institutional Ownership by Quarter for Knowles Corporation (NYSE:KN)

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