Free Trial

Congress Wealth Management LLC DE Sells 16,395 Shares of Miller Industries, Inc. (NYSE:MLR)

Miller Industries logo with Auto/Tires/Trucks background
Remove Ads

Congress Wealth Management LLC DE lowered its stake in shares of Miller Industries, Inc. (NYSE:MLR - Free Report) by 71.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,670 shares of the auto parts company's stock after selling 16,395 shares during the quarter. Congress Wealth Management LLC DE owned about 0.06% of Miller Industries worth $436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. R Squared Ltd purchased a new position in shares of Miller Industries during the 4th quarter worth approximately $36,000. KLP Kapitalforvaltning AS purchased a new position in Miller Industries during the fourth quarter valued at $137,000. Sanctuary Advisors LLC bought a new stake in shares of Miller Industries during the 3rd quarter valued at $195,000. Raymond James Financial Inc. purchased a new stake in shares of Miller Industries in the 4th quarter worth about $217,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of Miller Industries in the 4th quarter worth about $307,000. 79.24% of the stock is currently owned by hedge funds and other institutional investors.

Miller Industries Stock Down 0.1 %

NYSE MLR traded down $0.06 during trading hours on Wednesday, reaching $42.89. 19,025 shares of the company's stock traded hands, compared to its average volume of 94,105. Miller Industries, Inc. has a 52-week low of $41.38 and a 52-week high of $78.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.12 and a quick ratio of 1.46. The firm has a 50-day simple moving average of $56.02 and a 200 day simple moving average of $63.07. The firm has a market cap of $490.62 million, a PE ratio of 7.11 and a beta of 0.96.

Remove Ads

Miller Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 17th were paid a dividend of $0.20 per share. This is a boost from Miller Industries's previous quarterly dividend of $0.19. The ex-dividend date was Monday, March 17th. This represents a $0.80 dividend on an annualized basis and a yield of 1.87%. Miller Industries's payout ratio is presently 14.57%.

Miller Industries Company Profile

(Free Report)

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.

Featured Articles

Institutional Ownership by Quarter for Miller Industries (NYSE:MLR)

Should You Invest $1,000 in Miller Industries Right Now?

Before you consider Miller Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Miller Industries wasn't on the list.

While Miller Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Trump Tariffs Tumble the Stock Market—Here’s How to Protect Your Money
Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads