Mutual of America Capital Management LLC trimmed its stake in shares of MillerKnoll, Inc. (NASDAQ:MLKN – Free Report) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,862 shares of the company’s stock after selling 405 shares during the period. Mutual of America Capital Management LLC’s holdings in MillerKnoll were worth $343,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Twin Lakes Capital Management LLC raised its stake in shares of MillerKnoll by 0.9% during the third quarter. Twin Lakes Capital Management LLC now owns 54,627 shares of the company’s stock worth $1,336,000 after buying an additional 474 shares during the last quarter. Intellectus Partners LLC raised its stake in shares of MillerKnoll by 5.3% during the third quarter. Intellectus Partners LLC now owns 16,790 shares of the company’s stock worth $414,000 after buying an additional 845 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of MillerKnoll by 6.4% during the third quarter. HighTower Advisors LLC now owns 21,431 shares of the company’s stock worth $521,000 after buying an additional 1,290 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of MillerKnoll by 1,117.6% during the fourth quarter. International Assets Investment Management LLC now owns 1,449 shares of the company’s stock worth $39,000 after buying an additional 1,330 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of MillerKnoll during the third quarter worth approximately $36,000. 87.50% of the stock is currently owned by institutional investors and hedge funds.
MillerKnoll Stock Performance
Shares of MLKN opened at $26.16 on Wednesday. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 1.08 and a beta of 1.29. The company has a current ratio of 1.59, a quick ratio of 0.95 and a debt-to-equity ratio of 0.93. The firm has a fifty day simple moving average of $28.32 and a 200 day simple moving average of $26.82. MillerKnoll, Inc. has a 12 month low of $13.20 and a 12 month high of $31.33.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded shares of MillerKnoll from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 28th.
Get Our Latest Analysis on MillerKnoll
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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