Viking Fund Management Has Lifted Its Oneok (OKE) Position; Hound Partners Has Trimmed Its Mohawk Inds (MHK) Holding

April 24, 2018 - By Hazel Jackson

Mohawk Industries, Inc. (NYSE:MHK) Logo

Viking Fund Management Llc increased Oneok Inc (OKE) stake by 3.5% reported in 2017Q4 SEC filing. Viking Fund Management Llc acquired 16,300 shares as Oneok Inc (OKE)’s stock rose 7.05%. The Viking Fund Management Llc holds 481,900 shares with $25.76 million value, up from 465,600 last quarter. Oneok Inc now has $24.65B valuation. The stock increased 0.71% or $0.42 during the last trading session, reaching $59.96. About 1.65M shares traded. ONEOK, Inc. (NYSE:OKE) has risen 7.29% since April 24, 2017 and is uptrending. It has underperformed by 4.26% the S&P500.

Hound Partners Llc decreased Mohawk Inds Inc (MHK) stake by 7.85% reported in 2017Q4 SEC filing. Hound Partners Llc sold 62,046 shares as Mohawk Inds Inc (MHK)’s stock declined 17.56%. The Hound Partners Llc holds 728,053 shares with $200.87M value, down from 790,099 last quarter. Mohawk Inds Inc now has $17.59B valuation. The stock increased 0.15% or $0.36 during the last trading session, reaching $235.93. About 613,938 shares traded. Mohawk Industries, Inc. (NYSE:MHK) has risen 0.12% since April 24, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Analysts await Mohawk Industries, Inc. (NYSE:MHK) to report earnings on April, 26 after the close. 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 $224.35M for 19.60 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.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.03, from 1.1 in 2017Q3. It improved, as 28 investors sold MHK shares while 181 reduced holdings. 74 funds opened positions while 163 raised stakes. 56.08 million shares or 0.46% more from 55.82 million shares in 2017Q3 were reported. Nuwave Inv Mgmt Limited Liability holds 0.14% or 424 shares. Cap Invest Of America has 1.49% invested in Mohawk Industries, Inc. (NYSE:MHK) for 33,997 shares. Sei reported 0.01% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Ontario Teachers Pension Plan Board holds 0.11% or 31,735 shares in its portfolio. Wells Fargo And Company Mn, California-based fund reported 1.01 million shares. Stifel Corp has invested 0.02% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Palestra Capital Mngmt Ltd Liability invested in 330,686 shares or 5.11% of the stock. Stone Run Ltd Llc owns 3.64% invested in Mohawk Industries, Inc. (NYSE:MHK) for 25,700 shares. Sumitomo Life owns 8,110 shares for 0.28% of their portfolio. Caxton Assoc Lp owns 40,000 shares. Newbrook Cap Advsrs Limited Partnership holds 2.6% or 139,643 shares in its portfolio. The New York-based Mutual Of America Capital Limited Liability Corporation has invested 0.04% in Mohawk Industries, Inc. (NYSE:MHK). Arizona State Retirement Sys stated it has 37,061 shares. Pictet And Cie (Europe) Sa holds 0.13% or 3,311 shares in its portfolio. Banque Pictet Cie Sa invested in 2,738 shares.

Since February 14, 2018, it had 1 insider purchase, and 11 selling transactions for $9.24 million activity. Shares for $344,580 were sold by Boykin Frank H. On Friday, February 16 the insider WELLBORN CHISTOPHER sold $2.19M. Thiers Bernard sold 2,617 shares worth $654,250. Turner John C JR sold $230,917 worth of Mohawk Industries, Inc. (NYSE:MHK) on Friday, March 9. Patton Rodney David sold 911 shares worth $214,996. The insider RUNGE WILLIAM HENRY III bought $125,435.

Among 20 analysts covering Mohawk (NYSE:MHK), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Mohawk had 50 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Friday, July 28 by Stifel Nicolaus. The stock of Mohawk Industries, Inc. (NYSE:MHK) has “Buy” rating given on Tuesday, October 6 by Goldman Sachs. The stock has “Buy” rating by Jefferies on Tuesday, December 12. The rating was maintained by Nomura on Friday, October 27 with “Buy”. Jefferies maintained the stock with “Buy” rating in Monday, February 12 report. The stock of Mohawk Industries, Inc. (NYSE:MHK) has “Buy” rating given on Monday, June 19 by RBC Capital Markets. Robert W. Baird initiated Mohawk Industries, Inc. (NYSE:MHK) on Tuesday, November 3 with “Outperform” rating. JP Morgan maintained the shares of MHK in report on Monday, October 30 with “Neutral” rating. Credit Suisse maintained the stock with “Buy” rating in Monday, January 22 report. As per Tuesday, November 14, the company rating was maintained by RBC Capital Markets.

Among 21 analysts covering ONEOK (NYSE:OKE), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. ONEOK has $72 highest and $24 lowest target. $58.72’s average target is -2.07% below currents $59.96 stock price. ONEOK had 76 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was upgraded by Argus Research to “Buy” on Monday, January 11. On Thursday, December 31 the stock rating was upgraded by Credit Suisse to “Outperform”. The company was upgraded on Thursday, February 23 by Jefferies. The rating was maintained by RBC Capital Markets on Sunday, October 1 with “Hold”. The company was maintained on Monday, February 12 by JP Morgan. BMO Capital Markets upgraded the shares of OKE in report on Wednesday, July 5 to “Outperform” rating. The stock of ONEOK, Inc. (NYSE:OKE) has “Sector Perform” rating given on Monday, March 28 by RBC Capital Markets. Barclays Capital upgraded the shares of OKE in report on Monday, May 9 to “Overweight” rating. The stock has “Buy” rating by BMO Capital Markets on Thursday, March 8. The rating was downgraded by US Capital Advisors to “Hold” on Wednesday, May 18.

Investors sentiment decreased to 1.18 in Q4 2017. Its down 1.64, from 2.82 in 2017Q3. It dropped, as 49 investors sold OKE shares while 194 reduced holdings. 76 funds opened positions while 211 raised stakes. 270.44 million shares or 2.16% more from 264.73 million shares in 2017Q3 were reported. Old Mutual (Uk) Limited holds 0% in ONEOK, Inc. (NYSE:OKE) or 6,344 shares. Moreover, Robecosam Ag has 0.12% invested in ONEOK, Inc. (NYSE:OKE) for 34,800 shares. Cubist Systematic Strategies Limited Liability holds 0.06% or 20,682 shares. Raymond James Service Advisors Inc invested in 463,987 shares. Private Advisor Group Ltd Limited Liability Company holds 0.03% or 11,700 shares. Thornburg Investment Management owns 4.21M shares or 1.57% of their US portfolio. Dekabank Deutsche Girozentrale invested 0.01% of its portfolio in ONEOK, Inc. (NYSE:OKE). Endurance Wealth accumulated 2,270 shares. Ls Investment Advisors Ltd Liability Company has invested 0.04% in ONEOK, Inc. (NYSE:OKE). Sageworth Trust holds 492 shares or 0% of its portfolio. Massachusetts-based Geode Capital Mgmt Lc has invested 0.07% in ONEOK, Inc. (NYSE:OKE). Price T Rowe Associate Inc Md reported 670,129 shares. Sumitomo Mitsui Asset Management has invested 0.02% in ONEOK, Inc. (NYSE:OKE). Regions invested in 0.01% or 14,815 shares. Advisory has 1.74% invested in ONEOK, Inc. (NYSE:OKE).

Viking Fund Management Llc decreased Us Silica Holdin (NYSE:SLCA) stake by 105,000 shares to 580,000 valued at $18.89M in 2017Q4. It also reduced Halliburton Co (NYSE:HAL) stake by 110,000 shares and now owns 410,000 shares. Cisco Systems (NASDAQ:CSCO) was reduced too.

Mohawk Industries, Inc. (NYSE:MHK) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>