Retirement Systems of Alabama lessened its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN – Get Rating) by 0.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,293 shares of the company's stock after selling 552 shares during the quarter. Retirement Systems of Alabama owned 0.13% of MillerKnoll worth $1,549,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. US Bancorp DE acquired a new stake in MillerKnoll during the 1st quarter valued at approximately $36,000. Steward Partners Investment Advisory LLC bought a new position in MillerKnoll during the 2nd quarter worth approximately $37,000. Janiczek Wealth Management LLC bought a new position in MillerKnoll during the 2nd quarter worth approximately $40,000. Captrust Financial Advisors lifted its holdings in MillerKnoll by 31.3% during the 2nd quarter. Captrust Financial Advisors now owns 1,551 shares of the company's stock worth $41,000 after buying an additional 370 shares during the last quarter. Finally, National Bank of Canada FI bought a new position in MillerKnoll during the 2nd quarter worth approximately $57,000. Institutional investors and hedge funds own 97.23% of the company's stock.
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Analyst Ratings Changes
Separately, Benchmark downgraded MillerKnoll from a "buy" rating to a "hold" rating in a report on Tuesday, November 29th.
MillerKnoll Trading Up 0.8 %
NASDAQ:MLKN opened at $24.15 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. The business's 50 day moving average is $21.25 and its two-hundred day moving average is $23.33. MillerKnoll, Inc. has a 52 week low of $15.54 and a 52 week high of $41.69. The company has a market cap of $1.83 billion, a PE ratio of 24.39 and a beta of 1.48.
MillerKnoll (NASDAQ:MLKN – Get Rating) last announced its quarterly earnings results on Wednesday, December 21st. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.04. The business had revenue of $1.07 billion for the quarter. MillerKnoll had a return on equity of 9.46% and a net margin of 1.78%.
MillerKnoll Company Profile
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MillerKnoll, Inc engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate.
Further Reading
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