Bronfman E.L. Rothschild L.P. Boosts Stake in Milacron Holdings Corp (MCRN)

Bronfman E.L. Rothschild L.P. increased its stake in Milacron Holdings Corp (NYSE:MCRN) by 5.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,297 shares of the industrial products company’s stock after buying an additional 300 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Milacron Holdings Corp were worth $117,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Swiss National Bank increased its position in shares of Milacron Holdings Corp by 61.3% in the first quarter. Swiss National Bank now owns 50,800 shares of the industrial products company’s stock valued at $945,000 after buying an additional 19,300 shares during the period. Bank of New York Mellon Corp increased its position in shares of Milacron Holdings Corp by 16.8% in the first quarter. Bank of New York Mellon Corp now owns 96,097 shares of the industrial products company’s stock valued at $1,789,000 after buying an additional 13,818 shares during the period. First Trust Advisors LP increased its position in shares of Milacron Holdings Corp by 60.2% in the first quarter. First Trust Advisors LP now owns 73,103 shares of the industrial products company’s stock valued at $1,360,000 after buying an additional 27,481 shares during the period. Wells Fargo & Company MN increased its position in shares of Milacron Holdings Corp by 1.0% in the first quarter. Wells Fargo & Company MN now owns 1,004,593 shares of the industrial products company’s stock valued at $18,695,000 after buying an additional 9,894 shares during the period. Finally, Russell Investments Group Ltd. increased its position in shares of Milacron Holdings Corp by 22.8% in the first quarter. Russell Investments Group Ltd. now owns 1,011,064 shares of the industrial products company’s stock valued at $18,809,000 after buying an additional 187,512 shares during the period.

Institutional Ownership by Quarter for Milacron Holdings Corp (NYSE:MCRN)

Milacron Holdings Corp (NYSE:MCRN) traded up 2.93% on Friday, reaching $17.56. 412,979 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $17.89 and its 200 day moving average is $17.62. Milacron Holdings Corp has a 52 week low of $12.43 and a 52 week high of $19.32. The company’s market cap is $1.21 billion.

Milacron Holdings Corp (NYSE:MCRN) last announced its quarterly earnings results on Thursday, April 27th. The industrial products company reported $0.32 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.32. Milacron Holdings Corp had a negative return on equity of 55.61% and a net margin of 3.79%. The firm had revenue of $285.40 million for the quarter, compared to analyst estimates of $270.31 million. During the same period last year, the firm posted $0.27 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, equities analysts anticipate that Milacron Holdings Corp will post $1.60 earnings per share for the current year.

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Several research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Milacron Holdings Corp from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Monday, January 23rd. Robert W. Baird set a $22.00 target price on shares of Milacron Holdings Corp and gave the company a “buy” rating in a research report on Monday, February 6th.

In other news, major shareholder Ccmp Capital, Lp sold 2,975,442 shares of Milacron Holdings Corp stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of $15.60, for a total transaction of $46,416,895.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jim M. Kratochvil sold 23,800 shares of Milacron Holdings Corp stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $17.52, for a total value of $416,976.00. Following the sale, the director now directly owns 38,948 shares in the company, valued at $682,368.96. The disclosure for this sale can be found here. Insiders have sold 26,176,715 shares of company stock worth $429,556,353 over the last three months. Insiders own 5.40% of the company’s stock.

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.

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