Knowles Co. (NYSE:KN – Get Rating) earned a consensus recommendation of “Hold” from the seven research firms that currently cover the company, Marketbeat Ratings reports. Four analysts rated the stock with a hold recommendation and one gave the company a buy recommendation. The 12-month average price target among analysts who have reported on the stock in the past year is $20.10.

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A number of stock analysts have recently commented on KN shares. Craig Hallum reduced his target price on Knowles to $18.00 in a Tuesday, November 1 report. StockNews.com began covering Knowles in a report on Wednesday, October 12. They issued a “hold” rating on the stock.

Insiders place their bets

Separately, director Daniel J. Crowley acquired 2,000 shares of the company in a transaction dated Wednesday, November 2. The shares were purchased at an average price of $13.97 per share, for a total transaction of $27,940.00. Following completion of the transaction, the administrator now directly owns 19,815 shares of the company, valued at approximately $276,815.55. The acquisition was disclosed in a filing with the SEC, which is available via this link. 3.15% of the shares are currently held by insiders of the company.

Institutional entries and exits

A number of institutional investors have recently changed their positions in KN. Waypoint Capital Advisors LLC purchased a new stake in Knowles in the fourth quarter worth approximately $1,404,000. Wesbanco Bank Inc. bought a new position in Knowles in the fourth quarter worth approximately $508,000. Maryland State Retirement & Pension System bought a new position from Knowles in the fourth quarter worth about $617,000. Exchange Traded Concepts LLC increased its holdings in Knowles by 2.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 33,421 shares of the communications equipment provider worth $549,000 after buying an additional 910 shares in the last quarter. Finally, Assenagon Asset Management SA increased its stake in Knowles by 3.5% in the fourth quarter. Assenagon Asset Management SA now owns 532,613 shares of the communications equipment supplier worth $8,746,000 after purchasing an additional 18,104 shares in the last quarter. Hedge funds and other institutional investors own 99.15% of the company’s shares.

Knowles Price Performance

NYSE KN opened at $18.82 on Thursday. The company’s fifty-day moving average price is $16.55 and its 200-day moving average price is $15.51. The stock has a market capitalization of $1.71 billion, a price-earnings ratio of -13.07 and a beta of 1.43. The company has a debt ratio of 0.07, a current ratio of 2.87 and a quick ratio of 1.39. Knowles has a 1-year low of $11.57 and a 1-year high of $23.41.

Knowles (NYSE:KN – Get Rating) last announced its results on Thursday, October 27. The communications equipment provider reported EPS of $0.19 for the quarter, beating analyst consensus estimates of $0.12 by $0.07. Knowles had a positive return on equity of 7.98% and a negative net margin of 16.15%. The company posted revenue of $178.20 million for the quarter, compared to $177.50 million expected by analysts. On average, stock analysts predict Knowles will post 0.98 earnings per share for the current year.

Knowles Company Profile

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Knowles Corporation offers micro-acoustic microphones and balanced armature loudspeakers, audio solutions, high performance capacitors and radio frequency products for the consumer electronics, medical technology, defense, vehicle markets. electricity, industry and communications. It operates in two segments, Audio and Precision Devices (PD).

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