Orion Portfolio Solutions LLC Lowers Position in Mohawk Industries, Inc. (NYSE:MHK)
From Marketbeat:
Orion Portfolio Solutions LLC significantly reduced its holdings in Mohawk Industries, selling 11,258 shares, worth $402,000. Other institutional investors including PNC Financial, Healthcare of Ontario Pension Plan Trust Fund, MetLife Investment Management LLC, Panagora Asset Management Inc., and Commonwealth of Pennsylvania Public School Empls Retrmt SYS made new purchases or sold shares of the company. 77.04% of Mohawk Industries’ stock is now owned by institutional investors. Mohawk Industries’ stock price is currently trading up by 1.5% at $101.04. The company’s stock has a 52-week low of $76.02 and a 52-week high of $130.63. It has a market capitalization of $6.43 billion and will likely post 9.08 earnings per share for the current fiscal year. Wall Street analysts have given Mohawk Industries a consensus rating of “Hold”, with an average target price of $106.67. Insider selling at Mohawk Industries includes the CEO selling $2,158,500 worth of shares.
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