BidaskClub Lowers Milacron Holdings Corp. (MCRN) to Buy

Paterniano Del Favero
Agosto 12, 2017

Baird set a $23.00 target price on Milacron Holdings Corp. and gave the stock a "buy" rating in a research note on Wednesday, May 17th. TheStreet upgraded shares of Milacron Holdings Corp. from a "d+" rating to a "c" rating in a report on Wednesday. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $51.58 on company stock.

Milacron Holdings Corp. shares had a trading volume of 3,173K by the end of trading on Friday. BidaskClub lowered shares of Milacron Holdings Corp. from a "hold" rating to a "sell" rating in a report on Saturday, August 5th. (NYSE MCRN) traded up 0.38% during trading on Monday, hitting $15.87. Milacron Holdings Corp. has a one year low of $12.43 and a one year high of $19.57.

In the market the company is trading down from yesterday's close of $17.26. The firm has a 50-day moving average price of $18.07 and a 200-day moving average price of $17.99.

The value of the investment in Milacron Holdings Corp. went from $148,528,000 to $107,971,000 a change of $40,557,000 quarter to quarter. (NYSE:MCRN) last released its quarterly earnings data on Thursday, July 27th.

As of the latest earnings report the EPS was $-0.10 and is projected to be $1.62 for the current year with 69,242,000 shares now outstanding.

12/11/2015 - Milacron Holdings Corp. had its "neutral" rating reiterated by analysts at JP Morgan. The firm's revenue for the quarter was up.4% on a year-over-year basis. During the same quarter past year, the company earned $0.41 earnings per share.

WARNING: This story was first published by Stock Observer and is the sole property of of Stock Observer. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and worldwide trademark and copyright laws. The original version of this piece can be read at https://weekherald.com/2017/08/10/public-employees-retirement-system-of-ohio-has-992000-position-in-milacron-holdings-corp-nysemcrn-updated.html. Also, insider Ronald M. Krisanda sold 21,260 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $18.30, for a total transaction of $1,185,949.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

In other news, Director Jim M. Kratochvil sold 15,800 shares of the stock in a transaction dated Thursday, May 25th. The disclosure for this sale can be found here. Insiders sold 185,094 shares of company stock valued at $3,378,170 over the last ninety days. (MCRN) most recent 13F filing, the company has 30 new institutional holders - accounting for 2.59 million shares of its common stock. Other individual investors may choose to go with bottom-up analysis when looking for stock to add to the portfolio. Bronfman E.L. Rothschild L.P. increased its stake in Milacron Holdings Corp.by 5.0% in the first quarter. State Street Corp now owns 222,615 shares of the industrial products company's stock valued at $4,144,000 after buying an additional 5,599 shares in the last quarter. Bronfman E.L. Rothschild L.P. now owns 6,297 shares of the industrial products company's stock valued at $117,000 after buying an additional 300 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Milacron Holdings Corp.by 765.3% in the second quarter. American International Group Inc. now owns 8,950 shares of the industrial products company's stock valued at $167,000 after buying an additional 588 shares during the last quarter. Of those holders, 72 had increased positions amounting to 14.71 million shares, 20 had decreased positions amounting to 13.68 million shares, and 7 holders have a held position accounting for 41.84 million shares. AXA now owns 63,800 shares of the industrial products company's stock valued at $1,122,000 after buying an additional 10,700 shares during the period. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.

Milacron Holdings Corp.is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry.

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