Arizona State Retirement System lowered its position in MillerKnoll, Inc. (NASDAQ:MLKN – Free Report) by 4.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 20,543 shares of the company’s stock after selling 990 shares during the period. Arizona State Retirement System’s holdings in MillerKnoll were worth $548,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently modified their holdings of MLKN. BlackRock Inc. acquired a new position in shares of MillerKnoll in the 1st quarter worth approximately $288,708,000. Vanguard Group Inc. acquired a new position in shares of MillerKnoll in the 1st quarter worth approximately $245,927,000. State Street Corp acquired a new position in shares of MillerKnoll in the 1st quarter worth approximately $85,709,000. Eaton Vance Management acquired a new position in shares of MillerKnoll in the 1st quarter worth approximately $81,726,000. Finally, Fuller & Thaler Asset Management Inc. acquired a new position in shares of MillerKnoll in the 1st quarter worth approximately $68,747,000. Institutional investors and hedge funds own 87.50% of the company’s stock.
MillerKnoll Stock Up 1.4 %
MillerKnoll stock opened at $25.12 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.59 and a debt-to-equity ratio of 0.93. MillerKnoll, Inc. has a 12-month low of $13.20 and a 12-month high of $31.33. The firm’s fifty day moving average is $28.46 and its 200 day moving average is $26.73. The company has a market capitalization of $1.80 billion, a PE ratio of 25.90, a PEG ratio of 1.05 and a beta of 1.29.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of MillerKnoll from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 28th.
Get Our Latest Stock Report on MLKN
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.
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