Hahn Capital Management Position in Mohawk Industries (MHK) Has Decreased as Valuation Rose; Scripps Networks Interactive Cl A (SNI) Market Value Declined While Old Second National Bank Of Aurora Trimmed Its Position by $2.42 Million

February 22, 2018 - By Michael Collier

Hahn Capital Management Llc decreased its stake in Mohawk Industries (MHK) by 10.43% based on its latest 2017Q3 regulatory filing with the SEC. Hahn Capital Management Llc sold 19,780 shares as the company’s stock rose 3.82% with the market. The institutional investor held 169,876 shares of the consumer durables company at the end of 2017Q3, valued at $42.05 billion, down from 189,656 at the end of the previous reported quarter. Hahn Capital Management Llc who had been investing in Mohawk Industries for a number of months, seems to be less bullish one the $18.51B market cap company. The stock increased 1.06% or $2.6 during the last trading session, reaching $249. About 671,976 shares traded or 6.72% up from the average. Mohawk Industries, Inc. (NYSE:MHK) has risen 20.32% since February 22, 2017 and is uptrending. It has outperformed by 3.62% the S&P500.

Old Second National Bank Of Aurora decreased its stake in Scripps Networks Interactive Cl A (SNI) by 99.8% based on its latest 2017Q3 regulatory filing with the SEC. Old Second National Bank Of Aurora sold 30,282 shares as the company’s stock declined 10.51% while stock markets rallied. The institutional investor held 62 shares of the consumer services company at the end of 2017Q3, valued at $5,000, down from 30,344 at the end of the previous reported quarter. Old Second National Bank Of Aurora who had been investing in Scripps Networks Interactive Cl A for a number of months, seems to be less bullish one the $11.40 billion market cap company. The stock decreased 0.41% or $0.36 during the last trading session, reaching $87.76. About 1.12 million shares traded or 19.00% up from the average. Scripps Networks Interactive, Inc. (NYSE:SNI) has risen 9.83% since February 22, 2017 and is uptrending. It has underperformed by 6.87% the S&P500.

Since September 5, 2017, it had 1 insider buy, and 2 sales for $7.09 million activity. 19,700 shares were sold by LORBERBAUM JEFFREY S, worth $5.02M. $2.19M worth of Mohawk Industries, Inc. (NYSE:MHK) shares were sold by WELLBORN CHISTOPHER.

Among 19 analysts covering Mohawk (NYSE:MHK), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Mohawk had 48 analyst reports since August 10, 2015 according to SRatingsIntel. On Monday, August 10 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets maintained Mohawk Industries, Inc. (NYSE:MHK) on Monday, December 5 with “Outperform” rating. The firm has “Buy” rating by Robert W. Baird given on Monday, November 20. The firm earned “Buy” rating on Monday, July 31 by RBC Capital Markets. The stock has “Neutral” rating by JP Morgan on Monday, October 30. The firm earned “Overweight” rating on Friday, January 6 by Barclays Capital. The stock of Mohawk Industries, Inc. (NYSE:MHK) has “Buy” rating given on Monday, August 10 by Stifel Nicolaus. The stock of Mohawk Industries, Inc. (NYSE:MHK) has “Outperform” rating given on Friday, December 16 by Macquarie Research. The firm has “Buy” rating by RBC Capital Markets given on Monday, June 19. On Wednesday, January 17 the stock rating was maintained by Jefferies with “Buy”.

Analysts await Mohawk Industries, Inc. (NYSE:MHK) to report earnings on April, 26. They expect $3.01 earnings per share, up 10.66% or $0.29 from last year’s $2.72 per share. MHK’s profit will be $223.76M for 20.68 P/E if the $3.01 EPS becomes a reality. After $3.42 actual earnings per share reported by Mohawk Industries, Inc. for the previous quarter, Wall Street now forecasts -11.99% negative EPS growth.

Hahn Capital Management Llc, which manages about $1011.80 billion US Long portfolio, upped its stake in Fidelity National Financial (NYSE:FNF) by 7,503 shares to 610,179 shares, valued at $28.96 billion in 2017Q3, according to the filing. It also increased its holding in Genpact Ltd. (NYSE:G) by 8,176 shares in the quarter, for a total of 842,242 shares, and has risen its stake in Wabtec (NYSE:WAB).

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.01, from 1.09 in 2017Q2. It is positive, as 27 investors sold MHK shares while 171 reduced holdings. 59 funds opened positions while 158 raised stakes. 55.82 million shares or 0.01% less from 55.83 million shares in 2017Q2 were reported. Caxton Assoc Lp holds 19,500 shares or 0.17% of its portfolio. M&T Retail Bank Corp invested in 0.01% or 4,758 shares. De Burlo Grp Incorporated reported 18,000 shares or 0.99% of all its holdings. Ami Inv accumulated 1.78% or 11,530 shares. Dupont Cap Mgmt holds 0.29% or 51,944 shares. Alpine Woods Capital Investors Ltd Company invested in 9,800 shares or 0.12% of the stock. Rathbone Brothers Public Limited invested 0.13% in Mohawk Industries, Inc. (NYSE:MHK). 82,318 were accumulated by Hsbc Public Limited Company. Symphony Asset Management Limited Liability Company, California-based fund reported 8,180 shares. Prelude Capital Mngmt Limited Com holds 0.01% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK) for 515 shares. Fisher Asset Mngmt Limited Liability Co reported 1,546 shares stake. Federated Investors Pa stated it has 147,095 shares or 0.1% of all its holdings. Aviva Public Limited Com invested in 39,335 shares or 0.05% of the stock. Capstone Investment Ltd Limited Liability Company holds 0.05% in Mohawk Industries, Inc. (NYSE:MHK) or 5,800 shares. Raymond James Financial Advsrs reported 106,573 shares stake.

Among 19 analysts covering Scripps Networks (NYSE:SNI), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Scripps Networks had 52 analyst reports since August 14, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of SNI in report on Monday, November 30 with “Sector Perform” rating. The company was maintained on Friday, May 6 by M Partners. The firm has “Hold” rating given on Tuesday, October 10 by Cowen & Co. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned “Neutral” rating by M Partners on Tuesday, November 10. The firm earned “Hold” rating on Wednesday, October 11 by Needham. As per Monday, July 31, the company rating was upgraded by Moffett Nathanson. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, February 22 report. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned “Hold” rating by RBC Capital Markets on Tuesday, August 8. The stock has “Hold” rating by Jefferies on Thursday, July 6. As per Friday, November 13, the company rating was upgraded by CLSA.

Investors sentiment decreased to 0.58 in Q3 2017. Its down 0.63, from 1.21 in 2017Q2. It turned negative, as 97 investors sold SNI shares while 186 reduced holdings. 92 funds opened positions while 72 raised stakes. 74.60 million shares or 21.30% less from 94.78 million shares in 2017Q2 were reported. Bessemer Grp holds 0% in Scripps Networks Interactive, Inc. (NASDAQ:SNI) or 43 shares. 7,000 were reported by Wheatland Advsr. Moreover, Manufacturers Life Ins The has 0.01% invested in Scripps Networks Interactive, Inc. (NASDAQ:SNI) for 86,182 shares. Twin has 3.45% invested in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Hsbc Holdings Public Limited Co holds 167,095 shares. 22,542 were accumulated by Hartford Investment Co. 16,592 were accumulated by Pub Employees Retirement Association Of Colorado. Blackrock owns 5.61 million shares. St Germain D J Com reported 0.61% of its portfolio in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Whittier Tru Co reported 400 shares stake. Williams Jones Limited Liability Corporation holds 0% or 2,350 shares in its portfolio. Royal Financial Bank Of Canada stated it has 40,216 shares or 0% of all its holdings. James Invest Research invested 0.06% of its portfolio in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Lombard Odier Asset Mngmt (Switzerland) invested 0.16% of its portfolio in Scripps Networks Interactive, Inc. (NASDAQ:SNI). 8,422 were accumulated by Ledyard Bank.

Analysts await Scripps Networks Interactive, Inc. (NASDAQ:SNI) to report earnings on February, 26 after the close. They expect $1.24 earnings per share, up 21.57% or $0.22 from last year’s $1.02 per share. SNI’s profit will be $161.09 million for 17.69 P/E if the $1.24 EPS becomes a reality. After $1.05 actual earnings per share reported by Scripps Networks Interactive, Inc. for the previous quarter, Wall Street now forecasts 18.10% EPS growth.

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