Creative Planning increased its position in Knowles Corp. (NYSE:KN) by 0.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 97,418 shares of the company’s stock after buying an additional 568 shares during the period. Creative Planning owned about 0.11% of Knowles Corp. worth $1,369,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Janus Capital Management LLC boosted its position in shares of Knowles Corp. by 1.8% in the second quarter. Janus Capital Management LLC now owns 11,044,597 shares of the company’s stock worth $151,090,000 after buying an additional 190,499 shares during the period. Vanguard Group Inc. boosted its position in Knowles Corp. by 4.5% in the second quarter. Vanguard Group Inc. now owns 6,517,697 shares of the company’s stock valued at $89,162,000 after buying an additional 283,146 shares during the period. BlackRock Fund Advisors boosted its position in Knowles Corp. by 4.2% in the second quarter. BlackRock Fund Advisors now owns 4,365,881 shares of the company’s stock valued at $59,725,000 after buying an additional 174,496 shares during the period. State Street Corp boosted its position in Knowles Corp. by 1.5% in the first quarter. State Street Corp now owns 2,820,445 shares of the company’s stock valued at $37,175,000 after buying an additional 42,585 shares during the period. Finally, BlackRock Institutional Trust Company N.A. boosted its position in Knowles Corp. by 0.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 2,632,935 shares of the company’s stock valued at $36,019,000 after buying an additional 14,259 shares during the period.

Institutional Ownership by Quarter for Knowles Corp. (NYSE:KN)

Knowles Corp. (NYSE:KN) traded down 3.68% during midday trading on Monday, reaching $16.25. The company’s stock had a trading volume of 713,299 shares. The firm has a 50 day moving average price of $15.14 and a 200-day moving average price of $14.44. The company’s market cap is $1.44 billion. Knowles Corp. has a 12-month low of $9.68 and a 12-month high of $17.10.

Knowles Corp. (NYSE:KN) last posted its quarterly earnings data on Monday, October 24th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.07. The business earned $243.10 million during the quarter, compared to analyst estimates of $233.11 million. Knowles Corp. had a positive return on equity of 6.11% and a negative net margin of 26.75%. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS. On average, equities research analysts predict that Knowles Corp. will post $0.90 earnings per share for the current fiscal year.

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Several research firms have recently issued reports on KN. TheStreet raised Knowles Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, November 16th. Robert W. Baird raised Knowles Corp. from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $17.00 to $20.00 in a research note on Monday, November 14th. Zacks Investment Research raised Knowles Corp. from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Saturday, October 29th. Roth Capital began coverage on Knowles Corp. in a research note on Thursday, September 29th. They set a “buy” rating and a $16.00 target price on the stock. Finally, Susquehanna began coverage on Knowles Corp. in a research note on Tuesday, September 20th. They set a “negative” rating and a $12.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $16.73.

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

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