MillerKnoll, Inc. (MLKN)

MillerKnoll, Inc. (NASDAQ:MLKN) Shares Sold by Swiss National Bank

Swiss National Bank lessened its stake in shares of MillerKnoll, Inc. (NASDAQ:MLKN – Free Report) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,752 shares of the company’s stock after selling 21,500 shares during the quarter. Swiss National Bank owned about 0.20% of MillerKnoll worth $3,862,000 at the end of the most recent quarter. Several other hedge funds have also recently modified their holdings of MLKN. Allspring Global Investments Holdings LLC purchased a new position in MillerKnoll during the 3rd quarter worth $36,000. Signaturefd LLC increased its stake in shares of MillerKnoll by 52,066.7% during the third quarter. Signaturefd LLC now owns 1,565 shares of the company’s stock worth $38,000 after acquiring an additional 1,562 shares during the period. International Assets Investment Management LLC raised its holdings in MillerKnoll by 1,117.6% during the fourth quarter. International Assets Investment Management LLC now owns 1,449 shares of the company’s stock worth $39,000 after purchasing an additional 1,330 shares in the last quarter. Daiwa Securities Group Inc. acquired a new stake in MillerKnoll in the fourth quarter valued at about $40,000. Finally, GAMMA Investing LLC purchased a new stake in MillerKnoll in the 4th quarter valued at approximately $63,000. 87.50% of the stock is owned by institutional investors and hedge funds. MillerKnoll Price Performance Shares of NASDAQ MLKN opened at $28.67 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.95 and a current ratio of 1.59. MillerKnoll, Inc. has a one year low of $13.20 and a one year high of $31.33. The firm has a market capitalization of $2.05 billion, a P/E ratio of 29.56, a PEG ratio of 1.23 and a beta of 1.25. The company’s fifty day moving average is $27.24 and its two-hundred day moving average is $27.17. MillerKnoll (NASDAQ:MLKN – Get Free Report) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. MillerKnoll had a net margin of 1.96% and a return on equity of 9.61%. The firm had revenue of $872.30 million for the quarter, compared to the consensus estimate of $909.55 million. During the same quarter in the previous year, the firm earned $0.54 earnings per share. The firm’s revenue was down 11.4% on a year-over-year basis. Analysts forecast that MillerKnoll, Inc. will post 1.94 EPS for the current fiscal year. MillerKnoll Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Saturday, June 1st will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.62%. The ex-dividend date is Friday, May 31st. MillerKnoll’s payout ratio is currently 77.32%. Analyst Upgrades and Downgrades Separately, StockNews.com downgraded MillerKnoll from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 28th. View Our Latest Stock Report on MLKN MillerKnoll Company 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. See Also Five stocks we like better than MillerKnoll How to Start Investing in Real Estate MarketBeat Week in Review – 5/13 – 5/17 Roth IRA Calculator: Calculate Your Potential Returns Take-Two Interactive Software Offers 2nd Chance for Investors Options Trading – Understanding Strike Price Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook