Mohawk Industries, Inc. (NYSE:MHK) VP Rodney David Patton sold 911 shares of the business’s stock in a transaction on Monday, March 5th. The shares were sold at an average price of $236.00, for a total transaction of $214,996.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Mohawk Industries, Inc. (NYSE:MHK) opened at $247.90 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.80 and a debt-to-equity ratio of 0.22. Mohawk Industries, Inc. has a 1-year low of $223.84 and a 1-year high of $286.85. The stock has a market cap of $18,338.43, a PE ratio of 19.10, a price-to-earnings-growth ratio of 1.73 and a beta of 1.37.
Mohawk Industries (NYSE:MHK) last issued its earnings results on Thursday, February 8th. The company reported $3.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.32 by $0.10. Mohawk Industries had a net margin of 10.24% and a return on equity of 15.44%. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the prior year, the business earned $3.26 EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. equities analysts anticipate that Mohawk Industries, Inc. will post 15.65 earnings per share for the current year.
A number of institutional investors have recently modified their holdings of MHK. Nationwide Fund Advisors grew its holdings in Mohawk Industries by 3.1% during the 3rd quarter. Nationwide Fund Advisors now owns 130,496 shares of the company’s stock worth $32,299,000 after acquiring an additional 3,953 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in Mohawk Industries during the 3rd quarter worth about $1,341,000. Andra AP fonden grew its holdings in Mohawk Industries by 14.5% during the 3rd quarter. Andra AP fonden now owns 14,200 shares of the company’s stock worth $3,515,000 after acquiring an additional 1,800 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Mohawk Industries by 2.6% during the third quarter. State Board of Administration of Florida Retirement System now owns 89,941 shares of the company’s stock valued at $22,261,000 after buying an additional 2,302 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of Mohawk Industries by 5.0% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 9,512 shares of the company’s stock valued at $2,354,000 after buying an additional 456 shares during the last quarter. Institutional investors own 78.68% of the company’s stock.
Mohawk Industries Company Profile
Mohawk Industries, Inc is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company’ segments include Global Ceramic, Flooring North America (Flooring NA) and Flooring Rest of the World (Flooring ROW). Its manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile and vinyl flooring.
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