Crossmark Global Holdings Inc. grew its holdings in MillerKnoll, Inc. (NASDAQ:MLKN – Get Rating) by 19.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,770 shares of the company's stock after buying an additional 1,930 shares during the period. Crossmark Global Holdings Inc.'s holdings in MillerKnoll were worth $184,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of MillerKnoll in the 1st quarter worth $288,708,000. Vanguard Group Inc. purchased a new position in shares of MillerKnoll in the 1st quarter worth $245,927,000. Scharf Investments LLC grew its stake in shares of MillerKnoll by 7.9% in the 3rd quarter. Scharf Investments LLC now owns 4,015,947 shares of the company's stock worth $62,649,000 after buying an additional 294,959 shares in the last quarter. State Street Corp purchased a new position in shares of MillerKnoll in the 1st quarter worth $85,709,000. Finally, Eaton Vance Management purchased a new position in shares of MillerKnoll during the 1st quarter worth about $81,726,000. 97.23% of the stock is owned by hedge funds and other institutional investors.
Get MillerKnoll alerts:Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Craig Hallum cut shares of MillerKnoll from a "buy" rating to a "hold" rating and dropped their price target for the stock from $50.00 to $20.00 in a research note on Thursday, September 29th. Benchmark cut shares of MillerKnoll from a "buy" rating to a "hold" rating in a research note on Tuesday, November 29th.
MillerKnoll Price Performance
MLKN stock opened at $22.75 on Wednesday. MillerKnoll, Inc. has a 12 month low of $15.54 and a 12 month high of $41.69. The company has a current ratio of 1.69, a quick ratio of 0.93 and a debt-to-equity ratio of 1.00. The company has a 50-day moving average price of $21.18 and a 200 day moving average price of $23.47. The stock has a market cap of $1.72 billion, a PE ratio of 22.98 and a beta of 1.44.MillerKnoll (NASDAQ:MLKN – Get Rating) last released its quarterly earnings data on Wednesday, December 21st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. The company had revenue of $1.07 billion during the quarter. MillerKnoll had a net margin of 1.78% and a return on equity of 9.46%.
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.
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