2 weeks Ago By ABMN Staff
Sei Investments Co. boosted its position in Knife River Co. ( NYSE:KNF – Free Report ) by 13.
6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,114 shares of the company’s stock after buying an additional 6,973 shares during the quarter. Sei Investments Co.
owned approximately 0.10% of Knife River worth $5,907,000 as of its most recent filing with the SEC. Several other institutional investors have also recently bought and sold shares of the company.
Franklin Resources Inc. lifted its stake in Knife River by 10.5% in the third quarter.
Franklin Resources Inc. now owns 421,458 shares of the company’s stock valued at $38,201,000 after acquiring an additional 39,991 shares during the last quarter. Harbor Capital Advisors Inc.
lifted its stake in shares of Knife River by 34.6% during the 4th quarter. Harbor Capital Advisors Inc.
now owns 51,359 shares of the company’s stock worth $5,220,000 after buying an additional 13,199 shares during the last quarter. State Street Corp raised its holdings in Knife River by 1.8% in the 3rd quarter.
State Street Corp now owns 2,003,069 shares of the company’s stock valued at $179,054,000 after acquiring an additional 34,646 shares during the period. JPMorgan Chase & Co. lifted its position in Knife River by 31.
2% during the third quarter. JPMorgan Chase & Co. now owns 209,136 shares of the company’s stock worth $18,695,000 after acquiring an additional 49,785 shares during the last quarter.
Finally, Stifel Financial Corp boosted its holdings in shares of Knife River by 36.3% during the third quarter. Stifel Financial Corp now owns 44,495 shares of the company’s stock worth $3,977,000 after acquiring an additional 11,839 shares during the period.
Institutional investors own 80.11% of the company’s stock. Wall Street Analyst Weigh In KNF has been the topic of several recent research reports.
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 on the stock.
Oppenheimer lifted their price objective on shares of Knife River from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th.
Finally, Stephens restated an “overweight” rating and set a $120.00 target price on shares of Knife River in a research report on Friday, February 14th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.
com, the company currently has a consensus rating of “Buy” and a consensus target price of $110.40. Knife River Price Performance Shares of KNF opened at $92.
46 on Wednesday. The firm has a market cap of $5.23 billion, a PE ratio of 26.
12, a price-to-earnings-growth ratio of 2.36 and a beta of 0.89.
Knife River Co. has a 52-week low of $66.13 and a 52-week high of $108.
83. The business’s 50 day moving average price is $96.67 and its two-hundred day moving average price is $97.
11. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.
64 and a current ratio of 2.67. Knife River ( NYSE:KNF – Get Free Report ) last announced its quarterly earnings data on Thursday, February 13th.
The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.
01. The firm had revenue of $657.20 million during the quarter, compared to analysts’ expectations of $655.
80 million. Knife River had a return on equity of 14.82% and a net margin of 6.
96%. On average, equities analysts anticipate that Knife River Co. will post 4.
11 EPS for the current 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. Further Reading 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.com's FREE daily email newsletter .
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