Here is What Institutional Investors Think About Miller Herman Inc (NASDAQ:MLHR)

July 18, 2017 - By Adrian Mccoy

 Here is What Institutional Investors Think About Miller Herman Inc (NASDAQ:MLHR)

Sentiment for Miller Herman Inc (NASDAQ:MLHR)

Miller Herman Inc (NASDAQ:MLHR) institutional sentiment increased to 1.08 in 2016 Q4. Its up 0.22, from 0.86 in 2016Q3. The ratio has increased, as 107 investment professionals opened new and increased stock positions, while 99 sold and reduced their positions in Miller Herman Inc. The investment professionals in our partner’s database now hold: 47.48 million shares, down from 48.45 million shares in 2016Q3. Also, the number of investment professionals holding Miller Herman Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 31 Reduced: 68 Increased: 71 New Position: 36.

Herman Miller, Inc. is engaged in the research, design, manufacture, sale and distribution of office furniture systems, seating products, home furnishings and related services, among others. The company has market cap of $2.03 billion.

The stock decreased 0.88% or $0.3 during the last trading session, reaching $33.95. About shares traded. Herman Miller, Inc. (NASDAQ:MLHR) has risen 6.46% since July 18, 2016 and is uptrending. It has underperformed by 10.24% the S&P500.

Speece Thorson Capital Group Inc holds 2.37% of its portfolio in Herman Miller, Inc. for 309,575 shares. Van Berkom & Associates Inc. owns 1.24 million shares or 1.71% of their US portfolio. Moreover, Netols Asset Management Inc. has 1.34% invested in the company for 190,875 shares. The Vermont-based Clean Yield Group has invested 0.85% in the stock. Opus Capital Group Llc, a Ohio-based fund reported 167,984 shares.#img1#

Since January 1, 0001, it had 0 buys, and 4 sales for $798,656 activity.

Herman Miller, Inc. (NASDAQ:MLHR) Ratings Coverage

Ratings analysis reveals 25% of Herman Miller’s analysts are positive. Out of 4 Wall Street analysts rating Herman Miller, 1 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. MLHR was included in 5 notes of analysts from December 18, 2015. The stock of Herman Miller, Inc. (NASDAQ:MLHR) earned “Hold” rating by BB&T Capital on Friday, June 24. The stock of Herman Miller, Inc. (NASDAQ:MLHR) has “Mkt Perform” rating given on Friday, December 18 by Raymond James. The stock of Herman Miller, Inc. (NASDAQ:MLHR) earned “Underperform” rating by Raymond James on Tuesday, January 3. The firm has “Neutral” rating given on Friday, November 4 by Seaport Global. The rating was initiated by Sidoti on Tuesday, June 27 with “Buy”.

More notable recent Herman Miller, Inc. (NASDAQ:MLHR) news were published by: Nasdaq.com which released: “Herman Miller is Oversold” on June 22, 2017, also Seekingalpha.com with their article: “Herman Miller, Inc. (MLHR) CEO Brian Walker on Q4 2017 Results – Earnings Call …” published on July 06, 2017, Benzinga.com published: “Mid-Afternoon Market Update: L Brands Falls Following Disappointing Sales …” on July 06, 2017. More interesting news about Herman Miller, Inc. (NASDAQ:MLHR) were released by: Seekingalpha.com and their article: “Another Furniture Maker With 20% Upside: Herman Miller” published on June 28, 2017 as well as Investorplace.com‘s news article titled: “3 Stocks to Watch on Thursday: Egalet Corp (EGLT), Herman Miller, Inc. (MLHR …” with publication date: July 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.