Barclays PLC Has $2.96 Million Stock Position in MillerKnoll, Inc. (NASDAQ:MLKN)

Barclays PLC grew its holdings in MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) by 37.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 119,389 shares of the company's stock after buying an additional 32,686 shares during the quarter. Barclays PLC owned 0.17% of MillerKnoll worth $2,957,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its position in MillerKnoll by 254.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,201 shares of the company's stock valued at $32,000 after acquiring an additional 862 shares during the period. GAMMA Investing LLC boosted its stake in shares of MillerKnoll by 35.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,642 shares of the company's stock valued at $41,000 after purchasing an additional 426 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of MillerKnoll in the 3rd quarter worth about $84,000. Innealta Capital LLC acquired a new stake in shares of MillerKnoll during the 2nd quarter worth about $87,000. Finally, DekaBank Deutsche Girozentrale lifted its holdings in MillerKnoll by 99.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 4,640 shares of the company's stock valued at $112,000 after purchasing an additional 2,316 shares during the last quarter. Institutional investors and hedge funds own 87.50% of the company's stock.

MillerKnoll Price Performance

NASDAQ MLKN traded down $0.04 during trading hours on Wednesday, reaching $22.03. 386,853 shares of the company's stock were exchanged, compared to its average volume of 667,326. The firm has a fifty day moving average of $24.29 and a 200-day moving average of $26.05. The company has a current ratio of 1.59, a quick ratio of 0.93 and a debt-to-equity ratio of 0.99. MillerKnoll, Inc. has a one year low of $20.89 and a one year high of $31.73. The stock has a market cap of $1.52 billion, a PE ratio of 25.32, a price-to-earnings-growth ratio of 0.96 and a beta of 1.20.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last announced its earnings results on Wednesday, December 18th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.54 by $0.01. MillerKnoll had a return on equity of 10.93% and a net margin of 1.80%. The company had revenue of $970.40 million for the quarter, compared to analysts' expectations of $959.60 million. During the same quarter in the prior year, the business earned $0.59 earnings per share. The business's revenue for the quarter was up 2.2% on a year-over-year basis. On average, equities research analysts predict that MillerKnoll, Inc. will post 2.17 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Saturday, November 30th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date is Friday, November 29th. MillerKnoll's dividend payout ratio is presently 82.42%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of MillerKnoll from a "hold" rating to a "buy" rating in a research note on Friday, December 20th.

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.