Butensky & Cohen Financial Security Inc. boosted its position in Knowles Corp. (NYSE:KN) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 67,405 shares of the company’s stock after buying an additional 71 shares during the period. Butensky & Cohen Financial Security Inc.’s holdings in Knowles Corp. were worth $922,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Raymond James Trust N.A. increased its position in shares of Knowles Corp. by 4.3% in the second quarter. Raymond James Trust N.A. now owns 13,910 shares of the company’s stock worth $190,000 after buying an additional 574 shares during the last quarter. Eqis Capital Management Inc. increased its position in shares of Knowles Corp. by 3.7% in the second quarter. Eqis Capital Management Inc. now owns 17,353 shares of the company’s stock worth $237,000 after buying an additional 613 shares during the last quarter. BlackRock Inc. increased its position in shares of Knowles Corp. by 2.0% in the first quarter. BlackRock Inc. now owns 34,887 shares of the company’s stock worth $459,000 after buying an additional 693 shares during the last quarter. First Republic Investment Management Inc. increased its position in shares of Knowles Corp. by 8.2% in the first quarter. First Republic Investment Management Inc. now owns 50,698 shares of the company’s stock worth $668,000 after buying an additional 3,842 shares during the last quarter. Finally, Commonwealth Equity Services Inc increased its position in shares of Knowles Corp. by 11.4% in the first quarter. Commonwealth Equity Services Inc now owns 69,749 shares of the company’s stock worth $919,000 after buying an additional 7,124 shares during the last quarter.

Shares of Knowles Corp. (NYSE:KN) traded up 1.84% during mid-day trading on Monday, hitting $14.37. The stock had a trading volume of 521,933 shares. Knowles Corp. has a 52 week low of $9.68 and a 52 week high of $22.33. The stock has a 50 day moving average of $13.90 and a 200-day moving average of $13.82. The stock’s market capitalization is $1.27 billion.

Knowles Corp. (NYSE:KN) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company earned $190.30 million during the quarter, compared to analysts’ expectations of $189.88 million. Knowles Corp. had a positive return on equity of 4.04% and a negative net margin of 26.09%. Knowles Corp.’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 earnings per share. On average, equities research analysts predict that Knowles Corp. will post $0.86 earnings per share for the current year.

A number of research analysts recently weighed in on KN shares. JPMorgan Chase & Co. started coverage on Knowles Corp. in a research note on Tuesday, September 6th. They issued a “neutral” rating and a $15.00 price objective on the stock. Zacks Investment Research raised Knowles Corp. from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Friday, July 29th. Finally, Benchmark Co. started coverage on Knowles Corp. in a research note on Wednesday, June 29th. They issued a “hold” rating and a $15.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Knowles Corp. currently has an average rating of “Buy” and a consensus price target of $17.50.

In other news, VP Thomas G. Jackson sold 3,764 shares of the company’s stock in a transaction dated Friday, July 29th. The stock was sold at an average price of $13.42, for a total transaction of $50,512.88. Following the completion of the transaction, the vice president now directly owns 32,059 shares of the company’s stock, valued at $430,231.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.49% of the company’s stock.

About Knowles Corp.

Knowles Corporation is a supplier of advanced micro-acoustic, audio processing and specialty component solutions, serving the mobile consumer electronics, communications, medical, military, aerospace and industrial markets. It uses micro-electro-mechanical systems (MEMS) microphones and audio processing technologies to optimize audio systems and develop the user experience in smartphones, tablets and wearables.

5 Day Chart for NYSE:KN

Want to see what other hedge funds are holding KN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knowles Corp. (NYSE:KN).

Receive News & Ratings for Knowles Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knowles Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.