Miller Herman Inc (NASDAQ:MLHR) Quarterly Sentiment Report

July 18, 2017 - By test

 Miller Herman Inc (NASDAQ:MLHR) Quarterly Sentiment Report

Sentiment for Miller Herman Inc (NASDAQ:MLHR)

Miller Herman Inc (NASDAQ:MLHR) institutional sentiment increased to 1.08 in Q4 2016. Its up 0.22, from 0.86 in 2016Q3. The ratio is better, as 107 institutional investors started new or increased holdings, while 99 reduced and sold their holdings in Miller Herman Inc. The institutional investors in our partner’s database now own: 47.48 million shares, down from 48.45 million shares in 2016Q3. Also, the number of institutional investors holding Miller Herman Inc in their top 10 holdings 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 selling transactions 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. BB&T Capital downgraded the shares of MLHR in report on Friday, June 24 to “Hold” rating. Sidoti initiated it with “Buy” rating and $3800 target in Tuesday, June 27 report. Raymond James downgraded Herman Miller, Inc. (NASDAQ:MLHR) on Friday, December 18 to “Mkt Perform” rating. The firm earned “Neutral” rating on Friday, November 4 by Seaport Global. The rating was downgraded by Raymond James to “Underperform” on Tuesday, January 3.

More notable recent Herman Miller, Inc. (NASDAQ:MLHR) news were published by: Investorplace.com which released: “3 Stocks to Watch on Thursday: Egalet Corp (EGLT), Herman Miller, Inc. (MLHR …” on July 06, 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, Plasticsnews.com published: “A fresh take on the iconic Aeron chair” on June 22, 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 Benzinga.com‘s news article titled: “Mid-Afternoon Market Update: L Brands Falls Following Disappointing Sales …” with publication date: July 06, 2017.

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