Mirae Asset Global Investments Co. Ltd. raised its position in shares of MillerKnoll, Inc. (NASDAQ:MLKN – Get Rating) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,658 shares of the company’s stock after buying an additional 912 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in MillerKnoll were worth $686,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of MLKN. BlackRock Inc. acquired a new stake in shares of MillerKnoll during the first quarter worth approximately $288,708,000. Vanguard Group Inc. acquired a new stake in shares of MillerKnoll during the first quarter worth approximately $245,927,000. State Street Corp acquired a new stake in shares of MillerKnoll during the first quarter worth approximately $85,709,000. Eaton Vance Management acquired a new stake in shares of MillerKnoll during the first quarter worth approximately $81,726,000. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in shares of MillerKnoll during the first quarter worth approximately $68,747,000. Institutional investors and hedge funds own 97.23% of the company’s stock.
MillerKnoll Stock Performance
NASDAQ MLKN opened at $13.55 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.00 and a debt-to-equity ratio of 0.99. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 0.65 and a beta of 1.41. The company has a 50 day moving average of $17.22 and a 200-day moving average of $20.35. MillerKnoll, Inc. has a 1-year low of $13.40 and a 1-year high of $33.46.
MillerKnoll Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Saturday, July 15th. Investors of record on Saturday, June 3rd will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date is Thursday, June 1st. MillerKnoll’s dividend payout ratio is currently 89.29%.
Insider Activity at MillerKnoll
In related news, insider Megan Lyon purchased 6,410 shares of the stock in a transaction that occurred on Friday, May 5th. The stock was acquired at an average price of $15.60 per share, with a total value of $99,996.00. Following the completion of the acquisition, the insider now directly owns 17,875 shares in the company, valued at approximately $278,850. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other MillerKnoll news, insider Megan Lyon bought 6,410 shares of the stock in a transaction on Friday, May 5th. The stock was purchased at an average price of $15.60 per share, with a total value of $99,996.00. Following the acquisition, the insider now owns 17,875 shares of the company’s stock, valued at $278,850. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael A. Volkema bought 60,200 shares of the stock in a transaction on Wednesday, May 3rd. The shares were acquired at an average cost of $16.61 per share, with a total value of $999,922.00. Following the acquisition, the director now directly owns 187,086 shares in the company, valued at approximately $3,107,498.46. The disclosure for this purchase can be found here. 1.81% of the stock is currently owned by company insiders.
MillerKnoll Profile
MillerKnoll, Inc engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: Americas Contract, International Contract, Global Retail, and Knoll.
Featured Stories
- Get a free copy of the StockNews.com research report on MillerKnoll (MLKN)
- A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
- Don’t Worry; Sportsman’s Warehouse Will Get Cheaper
- Trinseo’s Dip, Has Something Changed Or Is It Just A Down Cycle
- The Most Upgraded Stocks From The Q1 Earnings Season
- What U-Haul Earnings Are Showing, Heading Up?
Want to see what other hedge funds are holding MLKN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MillerKnoll, Inc. (NASDAQ:MLKN – Get Rating).
Receive News & Ratings for MillerKnoll Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MillerKnoll and related companies with MarketBeat.com's FREE daily email newsletter.
