1 week Ago By Defense World Staff
JPMorgan Chase & Co. lifted its position in shares of Knife River Co. ( NYSE:KNF – Free Report ) by 18.
4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 247,541 shares of the company’s stock after buying an additional 38,405 shares during the quarter. JPMorgan Chase & Co.
owned approximately 0.44% of Knife River worth $25,160,000 at the end of the most recent quarter. Several other hedge funds also recently bought and sold shares of KNF.
Larson Financial Group LLC boosted its stake in shares of Knife River by 58.6% in the fourth quarter. Larson Financial Group LLC now owns 425 shares of the company’s stock worth $43,000 after acquiring an additional 157 shares during the period.
GAMMA Investing LLC boosted its stake in Knife River by 72.8% in the 4th quarter. GAMMA Investing LLC now owns 539 shares of the company’s stock worth $55,000 after purchasing an additional 227 shares during the period.
Lee Danner & Bass Inc. purchased a new stake in Knife River during the 4th quarter valued at approximately $109,000. Jones Financial Companies Lllp raised its position in shares of Knife River by 40.
2% during the fourth quarter. Jones Financial Companies Lllp now owns 1,660 shares of the company’s stock valued at $169,000 after buying an additional 476 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Knife River in the fourth quarter worth $203,000.
Institutional investors own 80.11% of the company’s stock. Wall Street Analyst Weigh In Several research firms recently weighed in on KNF.
Stephens reaffirmed an “overweight” rating and set a $120.00 target price on shares of Knife River in a research note on Friday, February 14th. Wells Fargo & Company initiated coverage on Knife River in a research report on Monday, March 10th.
They set an “overweight” rating and a $102.00 price objective for the company. Finally, Oppenheimer lifted their target price on Knife River from $110.
00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.
com, the company has a consensus rating of “Buy” and an average price target of $110.40. Knife River Price Performance KNF stock opened at $92.
00 on Thursday. Knife River Co. has a 52 week low of $66.
13 and a 52 week high of $108.83. The firm has a market capitalization of $5.
21 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 2.36 and a beta of 0.
97. The company has a fifty day simple moving average of $94.14 and a two-hundred day simple moving average of $96.
91. The company has a quick ratio of 1.64, a current ratio of 2.
67 and a debt-to-equity ratio of 0.45. Knife River ( NYSE:KNF – Get Free Report ) last announced its quarterly earnings results on Thursday, February 13th.
The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.
01. Knife River had a net margin of 6.96% and a return on equity of 14.
82%. The firm had revenue of $657.20 million during the quarter, compared to the consensus estimate of $655.
80 million. Analysts anticipate that Knife River Co. will post 4.
11 earnings per share for the current fiscal year. Knife River Profile ( Free Report ) Knife River Corporation, together with its subsidiaries, provides aggregates- led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments.
The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. Recommended Stories Five stocks we like better than Knife River Why Are Stock Sectors Important to Successful Investing? Quantum Computing: The $6.5 Billion Opportunity You Can’t Ignore Technology Stocks Explained: Here’s What to Know About Tech Are Tariffs Threatening Disney’s Comeback Story? 5 Top Rated Dividend Stocks to Consider Is Alphabet a Generational Buying Opportunity at These Levels? Receive News & Ratings for Knife River Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knife River and related companies with MarketBeat.
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