Milacron Holdings Corp. (MCRN) Director Sells $786,155.25 in Stock

Milacron Holdings Corp. (NYSE:MCRN) Director Ira G. Boots sold 43,077 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $18.25, for a total transaction of $786,155.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Milacron Holdings Corp. (MCRN) traded down $0.03 during midday trading on Wednesday, reaching $18.11. 816,100 shares of the company’s stock were exchanged, compared to its average volume of 510,412. The company has a quick ratio of 1.31, a current ratio of 2.39 and a debt-to-equity ratio of -5.41. The stock has a market cap of $1,259.21, a P/E ratio of 10.73, a price-to-earnings-growth ratio of 1.32 and a beta of 0.94. Milacron Holdings Corp. has a 1-year low of $15.09 and a 1-year high of $19.57.

Milacron (NYSE:MCRN) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. The business had revenue of $314.70 million for the quarter, compared to the consensus estimate of $301.13 million. Milacron had a negative net margin of 0.09% and a negative return on equity of 56.93%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. equities research analysts expect that Milacron Holdings Corp. will post 1.62 earnings per share for the current year.

Several research analysts recently commented on the stock. KeyCorp reaffirmed a “buy” rating and issued a $21.00 price target on shares of Milacron in a research note on Friday, October 20th. BidaskClub raised shares of Milacron from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Zacks Investment Research downgraded shares of Milacron from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Robert W. Baird reaffirmed a “buy” rating and issued a $23.00 price target on shares of Milacron in a research note on Wednesday, October 4th. Finally, TheStreet raised shares of Milacron from a “d+” rating to a “c” rating in a research note on Wednesday, August 9th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Milacron presently has a consensus rating of “Buy” and a consensus target price of $21.67.

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA increased its position in Milacron by 765.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,754 shares of the industrial products company’s stock valued at $101,000 after purchasing an additional 5,089 shares during the period. SG Americas Securities LLC purchased a new position in Milacron during the 3rd quarter valued at about $101,000. Bronfman E.L. Rothschild L.P. increased its position in Milacron by 6.0% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,676 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 379 shares during the period. Victory Capital Management Inc. increased its position in Milacron by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,678 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 1,000 shares during the period. Finally, Quantbot Technologies LP purchased a new position in Milacron during the 3rd quarter valued at about $132,000. 99.73% of the stock is currently owned by institutional investors and hedge funds.

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About Milacron

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.

Insider Buying and Selling by Quarter for Milacron (NYSE:MCRN)

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