Mohawk Inds INC (MHK) Holder Baldwin Brothers INC Has Trimmed Holding by $3.54 Million

November 10, 2018 - By Mona Holcomb

Mohawk Industries, Inc. (NYSE:MHK) LogoInvestors sentiment increased to 1.06 in 2018 Q2. Its up 0.32, from 0.74 in 2018Q1. It is positive, as 59 investors sold MHK shares while 151 reduced holdings. 69 funds opened positions while 154 raised stakes. 56.91 million shares or 3.41% more from 55.03 million shares in 2018Q1 were reported. Los Angeles Cap Mngmt & Equity Research invested 0.03% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Moreover, Canada Pension Plan Inv Board has 0.15% invested in Mohawk Industries, Inc. (NYSE:MHK). Comerica Bankshares owns 16,094 shares for 0.03% of their portfolio. Saybrook Capital Nc stated it has 46,077 shares or 4.52% of all its holdings. Maverick Cap Ltd stated it has 1.49M shares. Westport Asset Mngmt holds 0.13% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK) for 800 shares. Cibc Asset Mgmt invested in 0.01% or 6,247 shares. Amica Pension Fund Board Of Trustees holds 0.07% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK) for 2,347 shares. Ranger Inv Mgmt Ltd Partnership holds 970 shares. Cleararc Cap Incorporated stated it has 0.05% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Mathes holds 1.27% or 12,435 shares in its portfolio. Badgley Phelps And Bell stated it has 34,263 shares. 8,879 were reported by Meiji Yasuda Life Ins. Samlyn Ltd Llc stated it has 119,658 shares. Sun Life Fincl holds 0.01% or 172 shares in its portfolio.

Since May 14, 2018, it had 3 buys, and 3 selling transactions for $15.38 million activity. Thiers Bernard sold $2.13M worth of Mohawk Industries, Inc. (NYSE:MHK) on Friday, June 15. LORBERBAUM JEFFREY S had sold 13,400 shares worth $2.50 million on Friday, September 14.

Baldwin Brothers Inc decreased its stake in Mohawk Inds Inc (MHK) by 81.99% based on its latest 2018Q2 regulatory filing with the SEC. Baldwin Brothers Inc sold 16,526 shares as the company’s stock declined 11.47% while stock markets rallied. The institutional investor held 3,630 shares of the consumer durables company at the end of 2018Q2, valued at $778,000, down from 20,156 at the end of the previous reported quarter. Baldwin Brothers Inc who had been investing in Mohawk Inds Inc for a number of months, seems to be less bullish one the $9.32 billion market cap company. The stock decreased 1.24% or $1.58 during the last trading session, reaching $125.65. About 981,134 shares traded. Mohawk Industries, Inc. (NYSE:MHK) has declined 28.55% since November 10, 2017 and is downtrending. It has underperformed by 44.17% the S&P500.

More recent Mohawk Industries, Inc. (NYSE:MHK) news were published by: Seekingalpha.com which released: “Best And Worst Performing S&P 500 Stocks On Earnings” on November 03, 2018. Also Investorplace.com published the news titled: “The 9 Best Stocks to Buy on the Dip (2018 edition)” on November 09, 2018. Seekingalpha.com‘s news article titled: “Mohawk Industries Is In Cyclical Value Territory” with publication date: October 30, 2018 was also an interesting one.

Mohawk Industries, Inc. (NYSE:MHK) Ratings Coverage

Among 11 analysts covering Mohawk Industries (NYSE:MHK), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. Mohawk Industries had 15 analyst reports since June 7, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, July 27 by Raymond James. The firm has “Underperform” rating by Bank of America given on Monday, October 29. The firm earned “Buy” rating on Monday, October 29 by SunTrust. The rating was maintained by JP Morgan on Thursday, June 7 with “Neutral”. The rating was downgraded by JP Morgan on Tuesday, October 9 to “Underweight”. The stock of Mohawk Industries, Inc. (NYSE:MHK) earned “Outperform” rating by Raymond James on Monday, October 29. As per Friday, July 27, the company rating was maintained by Stifel Nicolaus. The firm earned “Neutral” rating on Monday, October 29 by Credit Suisse. The firm has “Buy” rating by Jefferies given on Tuesday, July 31. The rating was maintained by Wells Fargo with “Market Perform” on Monday, October 29.

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

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