Dynamic Technology Lab Private Ltd increased its position in shares of Knoll, Inc. (NYSE:KNL) by 134.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,030 shares of the business services provider’s stock after acquiring an additional 20,059 shares during the quarter. Dynamic Technology Lab Private Ltd owned approximately 0.07% of Knoll worth $701,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in KNL. Federated Investors Inc. PA raised its holdings in Knoll by 71.7% in the 2nd quarter. Federated Investors Inc. PA now owns 111,974 shares of the business services provider’s stock valued at $2,245,000 after buying an additional 46,749 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in Knoll by 5.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 284,187 shares of the business services provider’s stock valued at $5,698,000 after buying an additional 13,545 shares during the period. Dean Capital Management raised its holdings in Knoll by 4.8% in the 2nd quarter. Dean Capital Management now owns 154,387 shares of the business services provider’s stock valued at $3,095,000 after buying an additional 7,100 shares during the period. Sciencast Management LP purchased a new stake in Knoll in the 2nd quarter valued at about $353,000. Finally, FMR LLC raised its holdings in Knoll by 28.1% in the 2nd quarter. FMR LLC now owns 4,036,259 shares of the business services provider’s stock valued at $80,927,000 after buying an additional 884,982 shares during the period. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Knoll, Inc. (NYSE:KNL) opened at $20.77 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.62 and a current ratio of 1.31. The stock has a market cap of $1,018.09, a PE ratio of 14.43 and a beta of 1.07. Knoll, Inc. has a one year low of $16.57 and a one year high of $28.40.

Knoll (NYSE:KNL) last issued its quarterly earnings results on Monday, October 23rd. The business services provider reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.04. The company had revenue of $291.26 million for the quarter, compared to analyst estimates of $277.40 million. Knoll had a net margin of 6.21% and a return on equity of 21.94%. The business’s revenue for the quarter was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share. sell-side analysts anticipate that Knoll, Inc. will post 1.42 EPS for the current fiscal year.

Several brokerages recently issued reports on KNL. TheStreet upgraded shares of Knoll from a “c+” rating to a “b-” rating in a report on Friday, November 17th. Raymond James Financial, Inc. upgraded shares of Knoll from a “market perform” rating to an “outperform” rating and set a $20.00 price objective on the stock in a report on Monday, August 28th. UBS AG upgraded shares of Knoll from a “market perform” rating to an “outperform” rating in a report on Monday, August 28th. Sidoti began coverage on shares of Knoll in a report on Wednesday, August 16th. They issued a “buy” rating and a $28.00 price objective on the stock. Finally, Zacks Investment Research lowered shares of Knoll from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. Knoll currently has an average rating of “Hold” and a consensus price target of $24.00.

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About Knoll

Knoll, Inc is a manufacturer of commercial and residential furniture, accessories and coverings. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes a range of workplace products that address workplace planning paradigms. These products include systems furniture, seating, storage, tables, desks and KnollExtra accessories, as well as the international sales of its North American Office products.

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Institutional Ownership by Quarter for Knoll (NYSE:KNL)

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