2 weeks Ago By ABMN Staff
Xponance Inc. cut its position in shares of Mohawk Industries, Inc. ( NYSE:MHK – Free Report ) by 3.
0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,617 shares of the company’s stock after selling 141 shares during the quarter. Xponance Inc.
’s holdings in Mohawk Industries were worth $550,000 at the end of the most recent reporting period. A number of other hedge funds have also bought and sold shares of the company. FMR LLC grew its holdings in Mohawk Industries by 52.
3% during the 3rd quarter. FMR LLC now owns 2,179,510 shares of the company’s stock worth $350,204,000 after acquiring an additional 748,070 shares during the period. Amundi boosted its position in shares of Mohawk Industries by 117.
4% during the 4th quarter. Amundi now owns 331,750 shares of the company’s stock valued at $39,239,000 after purchasing an additional 179,121 shares in the last quarter. JPMorgan Chase & Co.
grew its stake in Mohawk Industries by 2.5% during the third quarter. JPMorgan Chase & Co.
now owns 3,024,539 shares of the company’s stock worth $485,983,000 after purchasing an additional 74,123 shares during the period. BNP Paribas Financial Markets increased its holdings in Mohawk Industries by 111.1% in the third quarter.
BNP Paribas Financial Markets now owns 129,186 shares of the company’s stock worth $20,758,000 after purchasing an additional 67,990 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in Mohawk Industries by 64.6% in the third quarter.
Bank of Montreal Can now owns 139,867 shares of the company’s stock valued at $22,212,000 after buying an additional 54,914 shares during the period. Institutional investors own 78.98% of the company’s stock.
Mohawk Industries Stock Performance NYSE MHK opened at $116.05 on Wednesday. The company has a fifty day moving average price of $119.
81 and a 200-day moving average price of $132.88. The firm has a market cap of $7.
26 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 1.44 and a beta of 1.
44. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.
06 and a quick ratio of 1.12. Mohawk Industries, Inc.
has a 1 year low of $104.88 and a 1 year high of $164.29.
Wall Street Analysts Forecast Growth Several research firms have recently weighed in on MHK. Evercore ISI lowered their price objective on shares of Mohawk Industries from $150.00 to $140.
00 and set an “in-line” rating for the company in a research note on Monday, February 10th. Wells Fargo & Company decreased their price target on shares of Mohawk Industries from $135.00 to $130.
00 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. The Goldman Sachs Group cut their price objective on shares of Mohawk Industries from $170.00 to $145.
00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Barclays decreased their target price on Mohawk Industries from $130.00 to $125.
00 and set an “equal weight” rating for the company in a research report on Monday, February 10th. Finally, Bank of America cut their price target on Mohawk Industries from $152.00 to $150.
00 and set a “buy” rating on the stock in a report on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $146.
92. Read Our Latest Stock Report on MHK Insider Activity at Mohawk Industries In other Mohawk Industries news, insider Suzanne L. Helen sold 10,500 shares of the company’s stock in a transaction on Friday, March 14th.
The stock was sold at an average price of $113.44, for a total value of $1,191,120.00.
Following the completion of the transaction, the insider now owns 93,584 shares in the company, valued at $10,616,168.96. This represents a 10.
09 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . 17.
10% of the stock is currently owned by company insiders. Mohawk Industries Company Profile ( Free Report ) Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.
Read More Want to see what other hedge funds are holding MHK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mohawk Industries, Inc. ( NYSE:MHK – Free Report ).
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