Swiss National Bank Has $3.07 Million Position in MillerKnoll, Inc. (NASDAQ:MLKN)

Swiss National Bank decreased its position in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 136,052 shares of the company’s stock after selling 3,900 shares during the period. Swiss National Bank’s holdings in MillerKnoll were worth $3,073,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its holdings in shares of MillerKnoll by 458.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,463 shares of the company’s stock valued at $33,000 after purchasing an additional 1,201 shares in the last quarter. KBC Group NV lifted its position in shares of MillerKnoll by 62.9% during the 4th quarter. KBC Group NV now owns 3,319 shares of the company’s stock worth $75,000 after buying an additional 1,281 shares during the last quarter. Avior Wealth Management LLC boosted its stake in MillerKnoll by 228.8% in the fourth quarter. Avior Wealth Management LLC now owns 2,081 shares of the company’s stock valued at $47,000 after buying an additional 1,448 shares in the last quarter. Franklin Resources Inc. grew its position in MillerKnoll by 5.6% in the third quarter. Franklin Resources Inc. now owns 39,928 shares of the company’s stock valued at $973,000 after acquiring an additional 2,128 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in MillerKnoll by 1.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 159,420 shares of the company’s stock worth $3,947,000 after acquiring an additional 2,449 shares in the last quarter. 87.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th.

MillerKnoll Stock Down 1.5 %

Shares of NASDAQ:MLKN opened at $18.34 on Thursday. MillerKnoll, Inc. has a 52-week low of $17.83 and a 52-week high of $31.73. The company has a market capitalization of $1.25 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 1.60. The company has a fifty day moving average of $21.28 and a 200-day moving average of $23.16.

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

MillerKnoll Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Saturday, March 1st will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll’s dividend payout ratio (DPR) is currently 82.42%.

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.