New York State Common Retirement Fund increased its holdings in shares of Knowles Corporation (NYSE:KN) by 0.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 855,727 shares of the communications equipment provider’s stock after purchasing an additional 1,699 shares during the period. New York State Common Retirement Fund owned approximately 0.96% of Knowles Corporation worth $14,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Knowles Corporation by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,022 shares of the communications equipment provider’s stock worth $220,000 after purchasing an additional 66 shares during the last quarter. Amalgamated Bank raised its holdings in shares of Knowles Corporation by 0.9% during the second quarter. Amalgamated Bank now owns 12,533 shares of the communications equipment provider’s stock worth $212,000 after purchasing an additional 117 shares during the last quarter. Atria Investments LLC raised its holdings in shares of Knowles Corporation by 1.5% during the second quarter. Atria Investments LLC now owns 12,485 shares of the communications equipment provider’s stock worth $211,000 after purchasing an additional 180 shares during the last quarter. Advantus Capital Management Inc raised its holdings in shares of Knowles Corporation by 3.0% during the first quarter. Advantus Capital Management Inc now owns 11,356 shares of the communications equipment provider’s stock worth $215,000 after purchasing an additional 329 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. raised its holdings in shares of Knowles Corporation by 1.0% during the first quarter. Liberty Mutual Group Asset Management Inc. now owns 40,446 shares of the communications equipment provider’s stock worth $766,000 after purchasing an additional 386 shares during the last quarter.

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In other news, insider Michael S. Polacek acquired 3,246 shares of the business’s stock in a transaction on Friday, August 4th. The stock was bought at an average price of $15.40 per share, for a total transaction of $49,988.40. Following the transaction, the insider now owns 42,866 shares in the company, valued at $660,136.40. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Several research analysts recently issued reports on the stock. Dougherty & Co assumed coverage on shares of Knowles Corporation in a report on Thursday, June 8th. They set a “buy” rating and a $22.00 target price for the company. BidaskClub lowered shares of Knowles Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, June 14th. Finally, Zacks Investment Research upgraded shares of Knowles Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $19.33.

Shares of Knowles Corporation (NYSE:KN) opened at 15.89 on Thursday. Knowles Corporation has a 52-week low of $13.61 and a 52-week high of $19.90. The firm’s market cap is $1.42 billion. The company’s 50-day moving average is $14.93 and its 200 day moving average is $16.81.

Knowles Corporation (NYSE:KN) last announced its quarterly earnings data on Wednesday, July 26th. The communications equipment provider reported $0.13 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.02. The company had revenue of $190.20 million during the quarter, compared to the consensus estimate of $190.24 million. Knowles Corporation had a negative net margin of 2.44% and a positive return on equity of 6.98%. Knowles Corporation’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. On average, analysts expect that Knowles Corporation will post $0.92 earnings per share for the current fiscal year.

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).

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

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