Yousif Capital Management LLC Lowers Stock Holdings in MillerKnoll, Inc. (NASDAQ:MLKN)

Yousif Capital Management LLC lowered its position in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 2.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 36,463 shares of the company’s stock after selling 1,090 shares during the period. Yousif Capital Management LLC’s holdings in MillerKnoll were worth $973,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew 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 purchasing an additional 1,330 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in MillerKnoll in the 3rd quarter worth about $36,000. Daiwa Securities Group Inc. purchased a new stake in shares of MillerKnoll in the 4th quarter valued at about $40,000. Signaturefd LLC boosted its position in shares of MillerKnoll by 52,066.7% during the 3rd quarter. Signaturefd LLC now owns 1,565 shares of the company’s stock valued at $38,000 after acquiring an additional 1,562 shares during the last quarter. Finally, GAMMA Investing LLC purchased a new position in shares of MillerKnoll during the fourth quarter worth about $63,000. Institutional investors own 87.50% of the company’s stock.

Analysts Set New Price Targets

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

MillerKnoll Stock Up 0.2 %

Shares of NASDAQ:MLKN opened at $26.20 on Friday. The firm has a market capitalization of $1.88 billion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 1.12 and a beta of 1.25. 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 52-week low of $13.20 and a 52-week high of $31.33. The firm has a fifty day moving average of $27.72 and a 200 day moving average of $26.84.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings data on Wednesday, March 27th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $872.30 million during the quarter, compared to analysts’ expectations of $909.55 million. MillerKnoll had a return on equity of 9.61% and a net margin of 1.96%. The company’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.54 EPS. As a group, research analysts anticipate that MillerKnoll, Inc. will post 1.94 EPS 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.