34,067 Shares in MillerKnoll, Inc. (NASDAQ:MLKN) Purchased by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,067 shares of the company's stock, valued at approximately $770,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its stake in MillerKnoll by 3.3% in 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 in the last quarter. William Blair Investment Management LLC grew its position in shares of MillerKnoll by 2.6% in the fourth quarter. William Blair Investment Management LLC now owns 956,425 shares of the company's stock valued at $21,606,000 after purchasing an additional 23,933 shares during the last quarter. Forager Capital Management LLC raised its position in shares of MillerKnoll by 45.9% during the 3rd quarter. Forager Capital Management LLC now owns 953,841 shares of the company's stock worth $23,617,000 after purchasing an additional 300,000 shares during the last quarter. Disciplined Growth Investors Inc. MN lifted its stake in MillerKnoll by 157.4% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 852,584 shares of the company's stock valued at $21,110,000 after buying an additional 521,318 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in MillerKnoll by 39.9% during the 4th quarter. Wellington Management Group LLP now owns 804,105 shares of the company's stock valued at $18,165,000 after buying an additional 229,283 shares during the last quarter. Institutional investors and hedge funds own 87.50% of the company's stock.

MillerKnoll Trading Down 7.0 %

Shares of MLKN traded down $1.24 during mid-day trading on Thursday, reaching $16.49. The company had a trading volume of 187,865 shares, compared to its average volume of 626,797. MillerKnoll, Inc. has a fifty-two week low of $15.91 and a fifty-two week high of $31.73. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 0.89 and a beta of 1.05. The company has a current ratio of 1.60, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02. The firm has a fifty day simple moving average of $20.26 and a 200-day simple moving average of $22.49.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.44 EPS for the quarter, meeting the consensus estimate of $0.44. MillerKnoll had a net margin of 1.81% and a return on equity of 10.74%. The firm had revenue of $876.20 million for the quarter, compared to analyst estimates of $918.88 million. During the same quarter last year, the firm posted $0.45 earnings per share. MillerKnoll's revenue for the quarter was up .4% compared to the same quarter last year. On average, sell-side analysts anticipate that MillerKnoll, Inc. will post 2.12 EPS for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be issued a $0.1875 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.75 annualized dividend and a yield of 4.55%. MillerKnoll's dividend payout ratio is currently 178.57%.

Analyst Ratings Changes

MLKN has been the topic of a number of analyst reports. Sidoti upgraded shares of MillerKnoll to a "hold" rating in a research report on Tuesday, March 25th. StockNews.com cut MillerKnoll from a "buy" rating to a "hold" rating in a report on Saturday, March 29th.

MillerKnoll Company Profile

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.