Bank of New York Mellon Corp lifted its holdings in Milacron Holdings Corp. (NYSE:MCRN) by 100.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 192,413 shares of the industrial products company’s stock after buying an additional 96,316 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.28% of Milacron Holdings Corp. worth $3,384,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Victory Capital Management Inc. bought a new position in shares of Milacron Holdings Corp. in the 1st quarter worth about $106,000. American International Group Inc. lifted its position in shares of Milacron Holdings Corp. by 7.0% in the 1st quarter. American International Group Inc. now owns 8,950 shares of the industrial products company’s stock worth $167,000 after buying an additional 588 shares during the last quarter. Pitcairn Co. lifted its position in shares of Milacron Holdings Corp. by 3.5% in the 2nd quarter. Pitcairn Co. now owns 13,292 shares of the industrial products company’s stock worth $234,000 after buying an additional 452 shares during the last quarter. Gotham Asset Management LLC bought a new position in shares of Milacron Holdings Corp. in the 1st quarter worth about $252,000. Finally, Credit Suisse AG bought a new position in shares of Milacron Holdings Corp. in the 1st quarter worth about $301,000.

Shares of Milacron Holdings Corp. (NYSE:MCRN) opened at 17.56 on Monday. Milacron Holdings Corp. has a 12-month low of $12.43 and a 12-month high of $19.57. The firm’s market cap is $1.22 billion. The company has a 50 day moving average of $16.65 and a 200-day moving average of $16.65.

Milacron Holdings Corp. (NYSE:MCRN) last issued its earnings results on Thursday, July 27th. The industrial products company reported $0.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.05. Milacron Holdings Corp. had a negative net margin of 0.57% and a negative return on equity of 53.40%. The company had revenue of $309.20 million for the quarter, compared to the consensus estimate of $308.25 million. During the same quarter in the previous year, the company earned $0.41 EPS. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Equities research analysts forecast that Milacron Holdings Corp. will post $1.61 EPS for the current fiscal year.

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In other news, CEO Thomas J. Goeke bought 65,000 shares of Milacron Holdings Corp. stock in a transaction dated Monday, August 21st. The shares were bought at an average price of $15.41 per share, for a total transaction of $1,001,650.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Ccmp Capital, Lp sold 7,545,124 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $16.71, for a total transaction of $126,079,022.04. The disclosure for this sale can be found here. Insiders sold a total of 7,606,624 shares of company stock worth $127,052,807 in the last 90 days. 3.40% of the stock is owned by corporate insiders.

A number of analysts recently weighed in on MCRN shares. BidaskClub raised shares of Milacron Holdings Corp. from a “strong sell” rating to a “sell” rating in a report on Thursday, September 28th. Zacks Investment Research cut shares of Milacron Holdings Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Robert W. Baird reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Milacron Holdings Corp. in a report on Wednesday, October 4th. Finally, TheStreet raised shares of Milacron Holdings Corp. from a “d+” rating to a “c” rating in a report on Wednesday, August 9th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Milacron Holdings Corp. presently has an average rating of “Buy” and an average target price of $22.00.

About Milacron Holdings Corp.

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.

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Institutional Ownership by Quarter for Milacron Holdings Corp. (NYSE:MCRN)

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