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Bank Of New York Mellon Continues to Hold Position in Knoll (KNL); Cramer Rosenthal Mcglynn Has Decreased Terex (TEX) Stake as Share Price Rose

Bank Of New York Mellon Corp increased its stake in Knoll Inc (KNL) by 3.15% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of New York Mellon Corp bought 58,169 shares as the company’s stock declined 1.41% while stock markets rallied. The institutional investor held 1.90M shares of the consumer durables company at the end of 2017Q3, valued at $38.09 million, up from 1.85 million at the end of the previous reported quarter. Bank Of New York Mellon Corp who had been investing in Knoll Inc for a number of months, seems to be bullish on the $1.13 billion market cap company. The stock decreased 1.10% or $0.26 during the last trading session, reaching $23.4. About 74,289 shares traded. Knoll, Inc. (NYSE:KNL) has declined 1.97% since January 18, 2017 and is downtrending. It has underperformed by 18.67% the S&P500.

Cramer Rosenthal Mcglynn Llc decreased its stake in Terex Corp (TEX) by 46.13% based on its latest 2017Q3 regulatory filing with the SEC. Cramer Rosenthal Mcglynn Llc sold 796,699 shares as the company’s stock rose 2.25% with the market. The institutional investor held 930,529 shares of the construction and ag equipment and trucks company at the end of 2017Q3, valued at $41.89 million, down from 1.73 million at the end of the previous reported quarter. Cramer Rosenthal Mcglynn Llc who had been investing in Terex Corp for a number of months, seems to be less bullish one the $4.10B market cap company. The stock decreased 0.61% or $0.3 during the last trading session, reaching $48.75. About 333,034 shares traded. Terex Corporation (NYSE:TEX) has risen 32.26% since January 18, 2017 and is uptrending. It has outperformed by 15.56% the S&P500.

Among 21 analysts covering Terex Corporation (NYSE:TEX), 6 have Buy rating, 2 Sell and 13 Hold. Therefore 29% are positive. Terex Corporation had 76 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by KeyBanc Capital Markets on Friday, September 15. The firm earned “Buy” rating on Friday, October 14 by Bank of America. RBC Capital Markets maintained Terex Corporation (NYSE:TEX) on Thursday, January 11 with “Hold” rating. Deutsche Bank initiated the stock with “Hold” rating in Wednesday, September 7 report. UBS upgraded the shares of TEX in report on Monday, December 19 to “Buy” rating. The firm has “Mkt Perform” rating given on Friday, January 29 by Avondale. Evercore downgraded the stock to “Hold” rating in Friday, May 27 report. The firm has “Buy” rating by Deutsche Bank given on Wednesday, August 12. The firm has “Hold” rating given on Wednesday, October 12 by Deutsche Bank. The rating was maintained by BMO Capital Markets on Friday, November 3 with “Outperform”.

Cramer Rosenthal Mcglynn Llc, which manages about $14.64 billion and $6.23 billion US Long portfolio, upped its stake in Patterson (NASDAQ:PTEN) by 105,170 shares to 732,480 shares, valued at $15.34 million in 2017Q3, according to the filing. It also increased its holding in Ashland Global Holdings Inc by 7,140 shares in the quarter, for a total of 292,540 shares, and has risen its stake in Lumentum Holdings Inc.

Since August 3, 2017, it had 3 buys, and 11 sales for $3.97 million activity. 10,000 Terex Corporation (NYSE:TEX) shares with value of $450,000 were sold by COHEN ERIC I. 15,115 shares were sold by Hegarty Kieran, worth $653,421. 13,000 shares were sold by FEARON MATTHEW, worth $494,000 on Friday, August 18. The insider HENRY BRIAN J sold $406,160. Another trade for 263 shares valued at $12,482 was bought by SHEEHAN JOHN D. The insider Clair Mark I sold 4,880 shares worth $195,200.

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.05, from 0.68 in 2017Q2. It fall, as 19 investors sold TEX shares while 115 reduced holdings. 43 funds opened positions while 42 raised stakes. 79.42 million shares or 6.42% less from 84.87 million shares in 2017Q2 were reported. Raymond James And Assoc stated it has 0% in Terex Corporation (NYSE:TEX). Cornerstone Cap Management Hldg Limited Liability Company stated it has 268,076 shares. Credit Suisse Ag has invested 0.01% in Terex Corporation (NYSE:TEX). First Mercantile Tru has invested 0.13% of its portfolio in Terex Corporation (NYSE:TEX). Proshare Limited Liability Com has invested 0% in Terex Corporation (NYSE:TEX). Alliancebernstein Lp stated it has 2.76M shares. 9,375 are owned by Cibc World Incorporated. Oregon Pub Employees Retirement Fund owns 0.02% invested in Terex Corporation (NYSE:TEX) for 31,558 shares. Los Angeles Capital Management & Equity Rech Inc invested in 6,115 shares or 0% of the stock. Millennium Ltd Com holds 0.02% or 285,857 shares. Stifel Finance Corporation accumulated 34,023 shares. Parametrica Management Ltd stated it has 9,346 shares. Advantus Mngmt has invested 0.01% of its portfolio in Terex Corporation (NYSE:TEX). Triangle Secs Wealth Mgmt stated it has 0.22% in Terex Corporation (NYSE:TEX). Glenmede Tru Na reported 186 shares.

Analysts await Terex Corporation (NYSE:TEX) to report earnings on February, 20. They expect $0.25 EPS, up 257.14% or $0.18 from last year’s $0.07 per share. TEX’s profit will be $21.03 million for 48.75 P/E if the $0.25 EPS becomes a reality. After $0.50 actual EPS reported by Terex Corporation for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Bank Of New York Mellon Corp, which manages about $363.33B US Long portfolio, decreased its stake in Clearwater Paper Corp (NYSE:CLW) by 6,425 shares to 202,588 shares, valued at $9.98 million in 2017Q3, according to the filing. It also reduced its holding in Allscripts Healthcare So by 1.60M shares in the quarter, leaving it with 1.10 million shares, and cut its stake in Engility Holdings Inc (NYSE:EGL).

Since August 1, 2017, it had 0 insider purchases, and 1 insider sale for $42,797 activity.

Among 3 analysts covering Knoll (NYSE:KNL), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Knoll had 4 analyst reports since April 25, 2016 according to SRatingsIntel. The stock of Knoll, Inc. (NYSE:KNL) earned “Buy” rating by BB&T Capital on Monday, April 25. The firm earned “Outperform” rating on Monday, August 28 by Raymond James. The company was initiated on Friday, November 4 by Seaport Global. The company was upgraded on Tuesday, December 26 by Raymond James.

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