Ashton Thomas Securities LLC Has $291,000 Stock Position in MillerKnoll, Inc. (NASDAQ:MLKN)

Ashton Thomas Securities LLC cut its holdings in MillerKnoll, Inc. (NASDAQ:MLKN) by 52.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,863 shares of the company’s stock after selling 14,170 shares during the period. Ashton Thomas Securities LLC’s holdings in MillerKnoll were worth $291,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Disciplined Growth Investors Inc. MN grew its holdings in shares of MillerKnoll by 157.4% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 852,584 shares of the company’s stock valued at $21,110,000 after acquiring an additional 521,318 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in MillerKnoll by 127.8% in the third 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 in the last quarter. Forager Capital Management LLC increased its position in shares of MillerKnoll by 45.9% during the 3rd quarter. Forager Capital Management LLC now owns 953,841 shares of the company’s stock worth $23,617,000 after purchasing an additional 300,000 shares during the last quarter. Intech Investment Management LLC increased its position in shares of MillerKnoll by 289.0% during the 3rd quarter. Intech Investment Management LLC now owns 62,473 shares of the company’s stock worth $1,547,000 after purchasing an additional 46,413 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of MillerKnoll by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,312,945 shares of the company’s stock worth $29,659,000 after purchasing an additional 42,343 shares in the last quarter. Institutional investors own 87.50% of the company’s stock.

MillerKnoll Trading Down 2.2 %

Shares of NASDAQ:MLKN opened at $18.61 on Wednesday. MillerKnoll, Inc. has a 52-week low of $18.28 and a 52-week high of $31.73. 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 market capitalization of $1.27 billion, a P/E ratio of 20.45, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The company has a 50-day simple moving average of $21.35 and a 200 day simple moving average of $23.19.

MillerKnoll Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Saturday, March 1st will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 annualized dividend and a dividend yield of 4.03%. MillerKnoll’s dividend payout ratio is currently 82.42%.

Analyst Upgrades and Downgrades

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

MillerKnoll 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.