Jane Street Group LLC Has $2.25 Million Stock Holdings in MillerKnoll, Inc. (NASDAQ:MLKN)

Jane Street Group LLC boosted its holdings in MillerKnoll, Inc. (NASDAQ:MLKN - Free Report) by 56.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,960 shares of the company's stock after buying an additional 32,861 shares during the period. Jane Street Group LLC owned approximately 0.13% of MillerKnoll worth $2,252,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Pacer Advisors Inc. raised its stake in MillerKnoll by 15.3% during the second quarter. Pacer Advisors Inc. now owns 4,015,462 shares of the company's stock worth $106,370,000 after acquiring an additional 532,427 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of MillerKnoll by 12.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,392,354 shares of the company's stock worth $89,864,000 after purchasing an additional 377,121 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in MillerKnoll by 127.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 547,540 shares of the company's stock valued at $13,557,000 after purchasing an additional 307,210 shares during the last quarter. State of New Jersey Common Pension Fund D bought a new position in MillerKnoll during the 2nd quarter valued at about $1,901,000. Finally, Intech Investment Management LLC boosted its position in MillerKnoll by 289.0% in the third quarter. Intech Investment Management LLC now owns 62,473 shares of the company's stock valued at $1,547,000 after buying an additional 46,413 shares in the last quarter. 87.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

MillerKnoll Trading Down 0.2 %

Shares of MLKN traded down $0.04 during trading hours on Tuesday, hitting $22.03. 386,853 shares of the stock traded hands, compared to its average volume of 667,326. The business has a fifty day moving average of $24.34 and a 200-day moving average of $26.08. The company has a current ratio of 1.59, a quick ratio of 0.93 and a debt-to-equity ratio of 0.99. The firm has a market capitalization 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, Inc. has a 1-year low of $20.89 and a 1-year high of $31.73.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last released its earnings results on Wednesday, December 18th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The company had revenue of $970.40 million for the quarter, compared to the consensus estimate of $959.60 million. MillerKnoll had a net margin of 1.80% and a return on equity of 10.93%. The company's revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 EPS. Analysts expect that MillerKnoll, Inc. will post 2.17 EPS for the current year.

MillerKnoll Dividend Announcement

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