New York State Common Retirement Fund lifted its holdings in Knoll, Inc. (NYSE:KNL) by 5.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 52,800 shares of the business services provider’s stock after buying an additional 2,799 shares during the quarter. New York State Common Retirement Fund owned approximately 0.11% of Knoll worth $1,059,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Federated Investors Inc. PA lifted its position in shares of Knoll by 71.7% in the 2nd quarter. Federated Investors Inc. PA now owns 111,974 shares of the business services provider’s stock worth $2,245,000 after buying an additional 46,749 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Knoll by 5.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 284,187 shares of the business services provider’s stock worth $5,698,000 after buying an additional 13,545 shares during the last quarter. Legato Capital Management LLC bought a new position in shares of Knoll in the 2nd quarter worth about $391,000. Tudor Investment Corp ET AL lifted its position in shares of Knoll by 18.3% in the 1st quarter. Tudor Investment Corp ET AL now owns 13,600 shares of the business services provider’s stock worth $324,000 after buying an additional 2,100 shares during the last quarter. Finally, Teachers Advisors LLC lifted its position in shares of Knoll by 10.2% in the 1st quarter. Teachers Advisors LLC now owns 83,972 shares of the business services provider’s stock worth $1,999,000 after buying an additional 7,787 shares during the last quarter. Institutional investors own 90.83% of the company’s stock.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Knoll from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. TheStreet downgraded shares of Knoll from a “b-” rating to a “c+” rating in a research report on Thursday, September 7th. Raymond James Financial, Inc. upgraded shares of Knoll from a “market perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Monday, August 28th. UBS AG upgraded shares of Knoll from a “market perform” rating to an “outperform” rating in a research report on Monday, August 28th. Finally, Sidoti assumed coverage on shares of Knoll in a research report on Wednesday, August 16th. They issued a “buy” rating and a $28.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $25.00.

Knoll (NYSE:KNL) last issued its earnings results on Monday, October 23rd. The business services provider reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.04. Knoll had a net margin of 6.21% and a return on equity of 22.41%. The company had revenue of $291.26 million for the quarter, compared to the consensus estimate of $277.40 million. During the same quarter in the previous year, the company earned $0.44 EPS. The firm’s revenue for the quarter was down .3% compared to the same quarter last year.

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Knoll Profile

Knoll, Inc is a manufacturer of commercial and residential furniture, accessories and coverings. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes a range of workplace products that address workplace planning paradigms. These products include systems furniture, seating, storage, tables, desks and KnollExtra accessories, as well as the international sales of its North American Office products.

Institutional Ownership by Quarter for Knoll (NYSE:KNL)

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