61,510 Shares in MillerKnoll, Inc. (NASDAQ:MLKN) Purchased by Trexquant Investment LP

Trexquant Investment LP purchased a new stake in MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 61,510 shares of the company's stock, valued at approximately $1,390,000. Trexquant Investment LP owned approximately 0.09% of MillerKnoll at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in MillerKnoll by 939.8% in the 3rd quarter. FMR LLC now owns 38,784 shares of the company's stock worth $960,000 after acquiring an additional 35,054 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in MillerKnoll by 1.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 159,420 shares of the company's stock valued at $3,947,000 after purchasing an additional 2,449 shares in the last quarter. Verition Fund Management LLC purchased a new stake in MillerKnoll during the 3rd quarter worth $210,000. Wellington Management Group LLP boosted its position in MillerKnoll by 1.2% in the 3rd quarter. Wellington Management Group LLP now owns 574,822 shares of the company's stock valued at $14,233,000 after buying an additional 6,576 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of MillerKnoll by 56.6% during the third quarter. Jane Street Group LLC now owns 90,960 shares of the company's stock worth $2,252,000 after acquiring an additional 32,861 shares during the last quarter. 87.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on MLKN shares. Sidoti upgraded MillerKnoll to a "hold" rating in a report on Tuesday, March 25th. StockNews.com downgraded shares of MillerKnoll from a "buy" rating to a "hold" rating in a research report on Saturday, March 29th.

MillerKnoll Stock Performance

Shares of MLKN stock traded down $0.11 on Tuesday, hitting $16.17. 42,524 shares of the stock traded hands, compared to its average volume of 603,351. The company has a market capitalization of $1.10 billion, a PE ratio of 17.78, a PEG ratio of 0.89 and a beta of 1.05. The company's fifty day moving average is $19.96 and its 200 day moving average is $22.31. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99. MillerKnoll, Inc. has a 1-year low of $15.87 and a 1-year high of $31.73.

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

About MillerKnoll

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.