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

Ashton Thomas Securities LLC cut its stake in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 52.4% in the 4th quarter, according to its most recent Form 13F filing 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.

A number of other institutional investors also recently made changes to their positions in MLKN. EntryPoint Capital LLC acquired a new stake in MillerKnoll during the 4th quarter worth approximately $419,000. KLP Kapitalforvaltning AS acquired a new stake in shares of MillerKnoll during the fourth quarter worth $339,000. Sei Investments Co. boosted its position in shares of MillerKnoll by 12.7% in the fourth quarter. Sei Investments Co. now owns 16,002 shares of the company’s stock valued at $361,000 after acquiring an additional 1,800 shares during the period. American Century Companies Inc. grew its stake in shares of MillerKnoll by 9.4% in the fourth quarter. American Century Companies Inc. now owns 176,966 shares of the company’s stock valued at $3,998,000 after acquiring an additional 15,175 shares in the last quarter. Finally, William Blair Investment Management LLC increased its position in MillerKnoll by 2.6% during the fourth quarter. William Blair Investment Management LLC now owns 956,425 shares of the company’s stock worth $21,606,000 after acquiring an additional 23,933 shares during the period. Institutional investors own 87.50% of the company’s stock.

MillerKnoll Price Performance

Shares of NASDAQ MLKN opened at $18.61 on Wednesday. The business has a fifty day moving average price of $21.35 and a two-hundred day moving average price of $23.19. The stock has a market capitalization of $1.27 billion, a PE ratio of 20.45, a P/E/G ratio of 0.89 and a beta of 1.22. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99. MillerKnoll, Inc. has a fifty-two week low of $18.28 and a fifty-two week high of $31.73.

MillerKnoll Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be given 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 yield of 4.03%. MillerKnoll’s dividend payout ratio is 82.42%.

Analyst Ratings Changes

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

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.