<div id="readability-page-1"><p>Voya Investment Management LLC trimmed its stake in shares of  Knife River Corporation (NYSE:KNF - Free Report) by 96.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,429 shares of the company's stock after selling 270,239 shares during the quarter. Voya Investment Management LLC's holdings in Knife River were worth $802,000 as of its most recent SEC filing.</p><p>A number of other institutional investors have also added to or reduced their stakes in the stock. State Street Corp increased its position in shares of  Knife River by 0.6% during the second quarter. State Street Corp now owns 2,101,198 shares of the company's stock valued at $171,542,000 after buying an additional 12,308 shares during the period.  Geode Capital Management LLC boosted its position in shares of  Knife River by 1.1% in the second quarter. Geode Capital Management LLC now owns 1,395,726 shares of the company's stock valued at $113,960,000 after acquiring an additional 15,464 shares during the period.  Invesco Ltd. grew its stake in  Knife River by 2.9% during the second quarter. Invesco Ltd. now owns 1,272,829 shares of the company's stock valued at $103,914,000 after acquiring an additional 35,900 shares in the last quarter.  Alliancebernstein L.P. increased its holdings in  Knife River by 7.1% during the 1st quarter. Alliancebernstein L.P. now owns 1,179,797 shares of the company's stock worth $106,429,000 after acquiring an additional 78,209 shares during the period.  Finally, Ameriprise Financial Inc. lifted its stake in  Knife River by 30.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 787,736 shares of the company's stock worth $64,311,000 after purchasing an additional 182,462 shares in the last quarter. Hedge funds and other institutional investors own  80.11% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of research firms have recently commented on KNF. DA Davidson reduced their price target on shares of Knife River from $105.00 to $95.00 and set a &#34;buy&#34; rating for the company in a research report on Wednesday, October 1st. Wall Street Zen lowered Knife River from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Tuesday, December 2nd. UBS Group upgraded Knife River to an &#34;overweight&#34; rating in a research report on Tuesday, November 4th. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Knife River in a research note on Wednesday, October 8th. Finally, Wells Fargo &amp; Company upgraded Knife River from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and set a $75.00 price target for the company in a research report on Tuesday, November 4th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Knife River presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $96.33.</p><p><b>View Our Latest Analysis on Knife River</b></p><h2>Knife River Trading Down 1.7%</h2><p>NYSE KNF opened at $70.42 on Thursday. The company has a quick ratio of 1.47, a current ratio of 2.39 and a debt-to-equity ratio of 0.73. The stock's 50-day simple moving average is $71.02 and its two-hundred day simple moving average is $76.38. Knife River Corporation has a twelve month low of $58.72 and a twelve month high of $108.83. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 26.98, a PEG ratio of 1.45 and a beta of 0.43. </p><p>Knife River (NYSE:KNF - Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $2.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.45 by $0.07. The firm had revenue of $1.20 billion during the quarter, compared to analysts' expectations of $1.22 billion. Knife River had a return on equity of 9.97% and a net margin of 4.87%. Research analysts forecast that  Knife River Corporation will post 4.11 EPS for the current fiscal year. </p><h2>Knife River Company Profile</h2> (Free Report)<p>Knife River Corporation, headquartered in Bismarck, North Dakota, is a leading integrated construction materials and contracting company in the western United States. The company specializes in producing and supplying aggregates, asphalt mix, ready-mixed concrete and other heavy construction materials used in highway, commercial and residential projects. </p><p>In addition to material production, Knife River offers a comprehensive suite of contracting services, including heavy civil construction, road building, underground and open-pit mining and logistics support.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Knife River</li><li>The Best $1 You'll Spend This Holiday Season</li><li>Holiday surprise: $1 gets you everything</li><li>America’s “most deplorable” Christmas sale</li><li>Do not delete, read immediately</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li></ul><p><strong>Want to see what other hedge funds are holding KNF?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knife River Corporation (NYSE:KNF - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtORg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtORg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Knife River Right Now?</h2><p>Before you consider Knife River, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Knife River wasn't on the list.</p><p>While Knife River currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VOYA

<p>Voya Investment Management LLC significantly reduced its stake in Knife River Corporation (NYSE:KNF) by 96.3% in Q3, now holding 10,429 shares valued at $802,000. Other institutional investors, including State Street Corp and Geode Capital Management, have also adjusted their positions. Analyst ratings for Knife River show a mix of upgrades and downgrades, with an average rating of "Moderate Buy" and a price target of $96.33. Knife River's stock is currently trading at $70.42, with a market cap of $3.99 billion and a recent EPS of $2.52, exceeding estimates.</p>

Voya Investment Management LLC Trims Holdings in Knife River Corporation $KNF