Knights of Columbus Asset Advisors LLC Has $2.13 Million Position in Box, Inc. (NYSE:BOX)

Knights of Columbus Asset Advisors LLC boosted its holdings in Box, Inc. (NYSE:BOX) by 78.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,018 shares of the software maker’s stock after buying an additional 36,590 shares during the quarter. Knights of Columbus Asset Advisors LLC owned approximately 0.06% of BOX worth $2,126,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in BOX. Fairfield Bush & CO. bought a new position in BOX in the 1st quarter valued at approximately $29,000. Cambridge Investment Research Advisors Inc. bought a new position in BOX in the 1st quarter valued at approximately $206,000. Natixis Advisors L.P. raised its holdings in BOX by 54.5% in the 1st quarter. Natixis Advisors L.P. now owns 22,540 shares of the software maker’s stock valued at $655,000 after buying an additional 7,953 shares during the last quarter. MetLife Investment Management LLC raised its holdings in BOX by 55.3% in the 1st quarter. MetLife Investment Management LLC now owns 74,326 shares of the software maker’s stock valued at $2,160,000 after buying an additional 26,459 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in BOX by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,091,273 shares of the software maker’s stock valued at $31,713,000 after buying an additional 170,949 shares during the last quarter. Institutional investors own 86.74% of the company’s stock.

Analyst Ratings Changes

BOX has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of BOX from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Citigroup lifted their price objective on shares of BOX from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. TheStreet upgraded shares of BOX from a “c” rating to a “b” rating in a research note on Tuesday, March 5th. StockNews.com upgraded shares of BOX from a “buy” rating to a “strong-buy” rating in a research note on Thursday, April 11th. Finally, UBS Group lifted their price objective on shares of BOX from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.89.

Insiders Place Their Bets

In other BOX news, Director Daniel J. Levin sold 73,660 shares of BOX stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $28.40, for a total transaction of $2,091,944.00. Following the transaction, the director now directly owns 43,940 shares of the company’s stock, valued at approximately $1,247,896. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Daniel J. Levin sold 73,660 shares of BOX stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $28.40, for a total transaction of $2,091,944.00. Following the sale, the director now directly owns 43,940 shares in the company, valued at approximately $1,247,896. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $27.30, for a total value of $354,900.00. Following the sale, the chief financial officer now owns 1,578,912 shares in the company, valued at $43,104,297.60. The disclosure for this sale can be found here. Insiders have sold 133,660 shares of company stock valued at $3,792,204 in the last three months. 4.90% of the stock is currently owned by insiders.

BOX Price Performance

BOX opened at $26.67 on Friday. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 39.81, a P/E/G ratio of 8.97 and a beta of 0.84. The firm’s fifty day moving average price is $27.48 and its two-hundred day moving average price is $26.21. Box, Inc. has a 1 year low of $23.29 and a 1 year high of $31.94.

BOX (NYSE:BOX) last posted its quarterly earnings data on Tuesday, March 5th. The software maker reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.07. The firm had revenue of $262.88 million for the quarter, compared to the consensus estimate of $262.92 million. BOX had a net margin of 12.43% and a negative return on equity of 9.46%. As a group, equities analysts anticipate that Box, Inc. will post 0.15 EPS for the current year.

BOX Company Profile

Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.