Louisiana State Employees Retirement System raised its stake in shares of Knowles Corporation (NYSE:KN) by 4.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,300 shares of the communications equipment provider’s stock after buying an additional 900 shares during the period. Louisiana State Employees Retirement System’s holdings in Knowles Corporation were worth $394,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Atria Investments LLC boosted its stake in shares of Knowles Corporation by 1.5% in the second quarter. Atria Investments LLC now owns 12,485 shares of the communications equipment provider’s stock valued at $211,000 after buying an additional 180 shares in the last quarter. State Treasurer State of Michigan boosted its stake in shares of Knowles Corporation by 0.8% in the first quarter. State Treasurer State of Michigan now owns 36,011 shares of the communications equipment provider’s stock valued at $682,000 after buying an additional 300 shares in the last quarter. Advantus Capital Management Inc boosted its stake in shares of Knowles Corporation by 3.0% in the first quarter. Advantus Capital Management Inc now owns 11,356 shares of the communications equipment provider’s stock valued at $215,000 after buying an additional 329 shares in the last quarter. Marathon Capital Management boosted its stake in shares of Knowles Corporation by 0.7% in the first quarter. Marathon Capital Management now owns 53,750 shares of the communications equipment provider’s stock valued at $1,019,000 after buying an additional 350 shares in the last quarter. Finally, Liberty Mutual Group Asset Management Inc. boosted its stake in shares of Knowles Corporation by 1.0% in the first quarter. Liberty Mutual Group Asset Management Inc. now owns 40,446 shares of the communications equipment provider’s stock valued at $766,000 after buying an additional 386 shares in the last quarter.

Knowles Corporation (NYSE:KN) traded down 1.35% during mid-day trading on Tuesday, hitting $14.65. 137,837 shares of the stock traded hands. Knowles Corporation has a 12-month low of $13.32 and a 12-month high of $19.90. The company’s market cap is $1.31 billion. The firm’s 50-day moving average is $16.11 and its 200-day moving average is $17.77.

Knowles Corporation (NYSE:KN) last posted its quarterly earnings data on Wednesday, July 26th. The communications equipment provider reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $190.20 million during the quarter, compared to analyst estimates of $190.24 million. Knowles Corporation had a negative net margin of 2.44% and a positive return on equity of 6.98%. The company’s revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 earnings per share. Equities research analysts expect that Knowles Corporation will post $0.95 EPS for the current year.

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Several brokerages recently issued reports on KN. Zacks Investment Research cut shares of Knowles Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. BidaskClub cut shares of Knowles Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th. Finally, Dougherty & Co began coverage on shares of Knowles Corporation in a research note on Thursday, June 8th. They set a “buy” rating and a $22.00 price objective for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $18.33.

In other news, insider Michael S. Polacek acquired 3,246 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was acquired at an average price of $15.40 per share, with a total value of $49,988.40. Following the completion of the transaction, the insider now directly owns 42,866 shares in the company, valued at approximately $660,136.40. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.20% of the company’s stock.

Knowles Corporation Company Profile

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).

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

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