California State Teachers Retirement System decreased its position in Milacron Holdings Corp. (NYSE:MCRN) by 1.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,654 shares of the company’s stock after selling 500 shares during the period. California State Teachers Retirement System’s holdings in Milacron Holdings Corp. were worth $445,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of MCRN. Spark Investment Management LLC bought a new stake in shares of Milacron Holdings Corp. during the first quarter worth $382,000. Bank of New York Mellon Corp boosted its stake in Milacron Holdings Corp. by 2.3% in the second quarter. Bank of New York Mellon Corp now owns 47,868 shares of the company’s stock worth $695,000 after buying an additional 1,072 shares during the period. Geode Capital Management LLC boosted its stake in Milacron Holdings Corp. by 7.3% in the first quarter. Geode Capital Management LLC now owns 114,303 shares of the company’s stock worth $1,884,000 after buying an additional 7,740 shares during the period. UBS Group AG boosted its stake in Milacron Holdings Corp. by 86,305.0% in the first quarter. UBS Group AG now owns 120,103 shares of the company’s stock worth $1,980,000 after buying an additional 119,964 shares during the period. Finally, Barclays PLC acquired a new stake in Milacron Holdings Corp. during the first quarter worth approximately $2,000,000. Hedge funds and other institutional investors own 99.19% of the company’s stock.
Shares of Milacron Holdings Corp. (NYSE:MCRN) traded down 1.94% on Tuesday, hitting $15.67. The stock had a trading volume of 6,454 shares. The firm has a market cap of $1.06 billion, a PE ratio of 40.18 and a beta of 0.54. Milacron Holdings Corp. has a 52-week low of $11.56 and a 52-week high of $19.07. The firm’s 50-day moving average price is $16.07 and its 200 day moving average price is $16.09.
Milacron Holdings Corp. (NYSE:MCRN) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.03. Milacron Holdings Corp. had a negative return on equity of 54.02% and a net margin of 2.28%. The business earned $308.10 million during the quarter, compared to analysts’ expectations of $303.17 million. The firm’s revenue was up 2.3% compared to the same quarter last year. On average, equities research analysts predict that Milacron Holdings Corp. will post $1.49 EPS for the current year.
MCRN has been the subject of a number of research analyst reports. Zacks Investment Research cut Milacron Holdings Corp. from a “hold” rating to a “sell” rating in a research note on Friday, July 8th. Credit Suisse Group AG reiterated a “hold” rating on shares of Milacron Holdings Corp. in a research note on Saturday, July 9th.
Milacron Holdings Corp. Company Profile
Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids).
Want to see what other hedge funds are holding MCRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Milacron Holdings Corp. (NYSE:MCRN).
Receive News & Ratings for Milacron Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Milacron Holdings Corp. and related companies with MarketBeat.com's FREE daily email newsletter.