Nationwide Fund Advisors held its stake in shares of Milacron Holdings Corp. (NYSE:MCRN) during the second quarter, Holdings Channel reports. The institutional investor owned 109,253 shares of the company’s stock at the end of the second quarter. Nationwide Fund Advisors owned 0.16% of Milacron Holdings Corp. worth $1,585,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its position 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 last quarter. Spark Investment Management LLC bought a new position in Milacron Holdings Corp. during the first quarter worth $382,000. UBS Group AG raised its position 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 last quarter. Barclays PLC bought a new position in Milacron Holdings Corp. during the first quarter worth $2,000,000. Finally, Emerald Acquisition Ltd. bought a new position in Milacron Holdings Corp. during the second quarter worth $12,221,000. 99.19% of the stock is owned by institutional investors.
Milacron Holdings Corp. (NYSE:MCRN) opened at 15.52 on Monday. The stock’s 50 day moving average price is $15.93 and its 200 day moving average price is $16.07. Milacron Holdings Corp. has a one year low of $11.56 and a one year high of $19.07. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 39.79 and a beta of 0.54.
Milacron Holdings Corp. (NYSE:MCRN) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. The firm had revenue of $308.10 million for the quarter, compared to the consensus estimate of $303.17 million. Milacron Holdings Corp. had a negative return on equity of 54.02% and a net margin of 2.28%. The firm’s revenue was up 2.3% on a year-over-year basis. Equities analysts predict that Milacron Holdings Corp. will post $1.49 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the company. Credit Suisse Group AG reaffirmed a “hold” rating on shares of Milacron Holdings Corp. in a report on Saturday, July 9th. Zacks Investment Research lowered Milacron Holdings Corp. from a “hold” rating to a “sell” rating in a report on Friday, July 15th.
About Milacron Holdings Corp.
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).