American Century Companies Inc. Has $2.97 Million Stake in Knowles Co. (NYSE:KN)

American Century Companies Inc. boosted its holdings in shares of Knowles Co. (NYSE:KN - Free Report) by 34.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 149,152 shares of the communications equipment provider's stock after acquiring an additional 38,603 shares during the period. American Century Companies Inc. owned approximately 0.17% of Knowles worth $2,973,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in Knowles in the 4th quarter valued at $16,297,000. Wellington Management Group LLP boosted its holdings in shares of Knowles by 33.1% in the 3rd quarter. Wellington Management Group LLP now owns 2,392,668 shares of the communications equipment provider's stock valued at $43,140,000 after buying an additional 594,484 shares during the last quarter. Royce & Associates LP grew its stake in shares of Knowles by 40.8% in the fourth quarter. Royce & Associates LP now owns 1,225,524 shares of the communications equipment provider's stock valued at $24,425,000 after buying an additional 355,401 shares in the last quarter. Franklin Resources Inc. increased its holdings in Knowles by 2.9% during the third quarter. Franklin Resources Inc. now owns 9,475,339 shares of the communications equipment provider's stock worth $169,135,000 after buying an additional 265,814 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Knowles by 10.3% during the third quarter. JPMorgan Chase & Co. now owns 2,051,346 shares of the communications equipment provider's stock worth $36,986,000 after acquiring an additional 191,383 shares in the last quarter. 96.35% of the stock is currently owned by institutional investors.

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Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Craig Hallum raised shares of Knowles from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a research report on Monday, April 7th. StockNews.com cut Knowles from a "buy" rating to a "hold" rating in a report on Tuesday.

Knowles Stock Performance

Shares of NYSE:KN traded up $0.02 on Friday, hitting $14.57. The company had a trading volume of 925,551 shares, compared to its average volume of 663,522. The stock has a 50 day moving average price of $16.28 and a 200 day moving average price of $18.00. The company has a current ratio of 1.83, a quick ratio of 1.23 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of -5.50 and a beta of 1.41. Knowles Co. has a 1-year low of $12.19 and a 1-year high of $20.86.

Knowles (NYSE:KN - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). Knowles had a positive return on equity of 5.52% and a negative net margin of 34.66%. The company had revenue of $142.50 million for the quarter.

Knowles Profile

Knowles Corporation offers capacitors, radio frequency (RF) filtering products, balanced armature speakers, micro-acoustic microphones, and audio solutions in Asia, the United States, Europe, other Americas, and internationally. It operates through three segments: Precision Devices (PD); Medtech & Specialty Audio (MSA); and Consumer MEMS Microphones (CMM).