Milacron Holdings Corp (NYSE:MCRN) Director Ira G. Boots sold 33,689 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $19.02, for a total value of $640,764.78. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Ira G. Boots also recently made the following trade(s):

  • On Wednesday, December 13th, Ira G. Boots sold 24,300 shares of Milacron stock. The stock was sold at an average price of $18.26, for a total value of $443,718.00.
  • On Tuesday, December 5th, Ira G. Boots sold 43,077 shares of Milacron stock. The stock was sold at an average price of $18.25, for a total value of $786,155.25.

Milacron Holdings Corp (MCRN) opened at $18.69 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.31 and a debt-to-equity ratio of -5.41. The stock has a market capitalization of $1,300.00 and a P/E ratio of -623.00. Milacron Holdings Corp has a 52-week low of $15.09 and a 52-week high of $19.57.

Milacron (NYSE:MCRN) last issued its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.02. The business had revenue of $314.70 million during the quarter, compared to the consensus estimate of $301.13 million. Milacron had a negative return on equity of 56.93% and a negative net margin of 0.09%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.36 earnings per share. research analysts anticipate that Milacron Holdings Corp will post 1.62 EPS for the current year.

Several brokerages have recently issued reports on MCRN. Zacks Investment Research upgraded Milacron from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Friday. KeyCorp reiterated a “buy” rating and set a $21.00 price objective on shares of Milacron in a research report on Friday, October 20th. BidaskClub upgraded Milacron from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. TheStreet upgraded Milacron from a “c” rating to a “b” rating in a research report on Wednesday, December 13th. Finally, Robert W. Baird reiterated a “buy” rating and set a $23.00 price objective on shares of Milacron in a research report on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $21.50.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MCRN. BNP Paribas Arbitrage SA lifted its position in Milacron by 765.3% in the second quarter. BNP Paribas Arbitrage SA now owns 5,754 shares of the industrial products company’s stock worth $101,000 after purchasing an additional 5,089 shares during the period. SG Americas Securities LLC acquired a new stake in Milacron in the third quarter worth approximately $101,000. Victory Capital Management Inc. lifted its position in Milacron by 17.6% in the second quarter. Victory Capital Management Inc. now owns 6,678 shares of the industrial products company’s stock worth $117,000 after purchasing an additional 1,000 shares during the period. Bronfman E.L. Rothschild L.P. lifted its position in Milacron by 6.0% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 6,676 shares of the industrial products company’s stock worth $117,000 after purchasing an additional 379 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Milacron in the third quarter worth approximately $132,000. Hedge funds and other institutional investors own 99.73% of the company’s stock.

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About Milacron

Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies.

Insider Buying and Selling by Quarter for Milacron (NYSE:MCRN)

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