Jackson Creek Investment Advisors LLC Invests $1 Million in MillerKnoll, Inc. (NASDAQ:MLKN)

Jackson Creek Investment Advisors LLC purchased a new position in shares of MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 37,628 shares of the company's stock, valued at approximately $1,004,000. Jackson Creek Investment Advisors LLC owned about 0.05% of MillerKnoll at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MLKN. International Assets Investment Management LLC raised its position in shares of MillerKnoll by 1,117.6% during the 4th quarter. International Assets Investment Management LLC now owns 1,449 shares of the company's stock valued at $39,000 after acquiring an additional 1,330 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of MillerKnoll in the 3rd quarter valued at approximately $36,000. Daiwa Securities Group Inc. bought a new position in MillerKnoll during the 4th quarter worth approximately $40,000. Signaturefd LLC grew its holdings in MillerKnoll by 52,066.7% during the third quarter. Signaturefd LLC now owns 1,565 shares of the company's stock valued at $38,000 after purchasing an additional 1,562 shares during the period. Finally, GAMMA Investing LLC bought a new stake in MillerKnoll in the fourth quarter valued at approximately $63,000. 87.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of MillerKnoll from a "strong-buy" rating to a "buy" rating in a report on Thursday, March 28th.

MillerKnoll Trading Down 2.9 %

Shares of MillerKnoll stock traded down $0.76 during trading hours on Tuesday, hitting $25.43. The company's stock had a trading volume of 399,917 shares, compared to its average volume of 805,803. The company has a market capitalization of $1.82 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.11 and a beta of 1.29. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.59 and a quick ratio of 0.95. The stock has a 50 day moving average of $27.92 and a 200 day moving average of $26.84. MillerKnoll, Inc. has a 12 month low of $13.20 and a 12 month high of $31.33.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last announced its earnings results on Wednesday, March 27th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The firm had revenue of $872.30 million for the quarter, compared to the consensus estimate of $909.55 million. MillerKnoll had a net margin of 1.96% and a return on equity of 9.61%. The business's quarterly revenue was down 11.4% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. Analysts predict that MillerKnoll, Inc. will post 1.94 earnings per share for the current year.

MillerKnoll 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.