1 day Ago By ABMN Staff
Renaissance Technologies LLC decreased its holdings in shares of MillerKnoll, Inc. ( NASDAQ:MLKN – Free Report ) by 58.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 48,700 shares of the company’s stock after selling 69,500 shares during the quarter. Renaissance Technologies LLC’s holdings in MillerKnoll were worth $1,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors have also recently made changes to their positions in the company.
Charles Schwab Investment Management Inc. raised its stake in shares of MillerKnoll by 3.3% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 1,312,945 shares of the company’s stock valued at $29,659,000 after purchasing an additional 42,343 shares during the period. William Blair Investment Management LLC increased its position in shares of MillerKnoll by 2.
6% during the fourth quarter. William Blair Investment Management LLC now owns 956,425 shares of the company’s stock valued at $21,606,000 after buying an additional 23,933 shares during the period. Wellington Management Group LLP lifted its holdings in shares of MillerKnoll by 39.
9% in the fourth quarter. Wellington Management Group LLP now owns 804,105 shares of the company’s stock worth $18,165,000 after buying an additional 229,283 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of MillerKnoll by 11.
9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 516,496 shares of the company’s stock valued at $11,668,000 after acquiring an additional 54,752 shares during the period. Finally, Russell Investments Group Ltd.
grew its stake in MillerKnoll by 198.0% during the fourth quarter. Russell Investments Group Ltd.
now owns 433,884 shares of the company’s stock valued at $9,801,000 after acquiring an additional 288,304 shares in the last quarter. Hedge funds and other institutional investors own 87.50% of the company’s stock.
Wall Street Analyst Weigh In MLKN has been the subject of several analyst reports. Sidoti raised shares of MillerKnoll to a “hold” rating in a report on Tuesday, March 25th. StockNews.
com lowered MillerKnoll from a “buy” rating to a “hold” rating in a research note on Saturday, March 29th. MillerKnoll Trading Up 1.4 % Shares of MLKN opened at $16.
63 on Wednesday. MillerKnoll, Inc. has a 1-year low of $15.
25 and a 1-year high of $31.73. The company has a market capitalization of $1.
13 billion, a P/E ratio of 18.27, a P/E/G ratio of 0.89 and a beta of 1.
05. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.
60 and a quick ratio of 0.99. The firm’s 50 day simple moving average is $18.
55 and its 200 day simple moving average is $21.69. MillerKnoll ( NASDAQ:MLKN – Get Free Report ) last posted its quarterly earnings data on Wednesday, March 26th.
The company reported $0.44 earnings per share for the quarter, meeting the consensus estimate of $0.44.
The firm had revenue of $876.20 million for the quarter, compared to analysts’ expectations of $918.88 million.
MillerKnoll had a net margin of 1.81% and a return on equity of 10.74%.
The business’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter last year, the company posted $0.
45 EPS. Sell-side analysts forecast that MillerKnoll, Inc. will post 2.
12 earnings per share for the current fiscal year. MillerKnoll Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Sunday, June 1st will be given a dividend of $0.
1875 per share. The ex-dividend date is Friday, May 30th. This represents a $0.
75 annualized dividend and a dividend yield of 4.51%. MillerKnoll’s dividend payout ratio (DPR) is presently 178.
57%. MillerKnoll Profile ( Free Report ) MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail.
The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions. Read More Want to see what other hedge funds are holding MLKN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MillerKnoll, Inc.
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