Legal & General Group Plc trimmed its stake in Miller Industries, Inc. ( NYSE:MLR – Free Report ) by 61.5% during the fourth quarter, HoldingsChannel.
com reports. The fund owned 12,231 shares of the auto parts company’s stock after selling 19,578 shares during the period. Legal & General Group Plc’s holdings in Miller Industries were worth $799,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of MLR. R Squared Ltd acquired a new stake in shares of Miller Industries in the fourth quarter worth $36,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Miller Industries in the fourth quarter worth $137,000.
Sanctuary Advisors LLC acquired a new stake in shares of Miller Industries in the third quarter worth $195,000. Raymond James Financial Inc. acquired a new stake in shares of Miller Industries in the fourth quarter worth $217,000.
Finally, Cerity Partners LLC acquired a new stake in shares of Miller Industries in the fourth quarter worth $286,000. 79.24% of the stock is currently owned by institutional investors and hedge funds.
Miller Industries Stock Performance Shares of Miller Industries stock opened at $41.39 on Monday. The stock has a market cap of $474.
33 million, a PE ratio of 6.86 and a beta of 1.14.
The business has a fifty day simple moving average of $45.99 and a 200-day simple moving average of $60.22.
The company has a quick ratio of 1.46, a current ratio of 2.12 and a debt-to-equity ratio of 0.
16. Miller Industries, Inc. has a 12 month low of $37.
40 and a 12 month high of $78.25. Miller Industries Increases Dividend Miller Industries Company Profile ( Free Report ) Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment.
The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. Further Reading Want to see what other hedge funds are holding MLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Miller Industries, Inc.
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Business
Miller Industries, Inc. (NYSE:MLR) Shares Sold by Legal & General Group Plc

Legal & General Group Plc trimmed its stake in Miller Industries, Inc. (NYSE:MLR – Free Report) by 61.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,231 shares of the auto parts company’s stock after selling 19,578 shares during the period. Legal & General Group Plc’s holdings in Miller Industries were worth $799,000 at [...]