Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services in the United States and internationally. The company has market cap of $1.92 billion. The firm provides modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, and Resolve names; seating products under the Embody, Aeron, Mirra2, Setu, Say, Verus, Celle, Equa, Taper, and Ergon names; and storage products under the Meridian and Tu names. It has a 15.94 P/E ratio. It also offers wood casegoods under the Geiger name; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; and healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names, as well as provides Thrive portfolio of ergonomic solutions and textiles, and data analytics solutions.
Strs Ohio increased Western Digital Corp (WDC) stake by 11.14% reported in 2017Q3 SEC filing. Strs Ohio acquired 20,733 shares as Western Digital Corp (WDC)’s stock rose 15.69%. The Strs Ohio holds 206,841 shares with $17.87M value, up from 186,108 last quarter. Western Digital Corp now has $30.00 billion valuation. The stock decreased 1.95% or $2.01 during the last trading session, reaching $100.83. About 3.23M shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 125.85% since March 23, 2017 and is uptrending. It has outperformed by 109.15% the S&P500.
Strs Ohio decreased Aar Corporation (NYSE:AIR) stake by 9,800 shares to 16,100 valued at $608,000 in 2017Q3. It also reduced Huntington Ingalls Industries (NYSE:HII) stake by 110,052 shares and now owns 3,401 shares. Carbonite Inc (NASDAQ:CARB) was reduced too.
Since January 29, 2018, it had 0 insider buys, and 11 selling transactions for $24.09 million activity. $369,385 worth of stock was sold by RAY MICHAEL CHARLES on Monday, February 5. Another trade for 10,865 shares valued at $942,109 was sold by Sivaram Srinivasan. Another trade for 7,026 shares valued at $693,064 was made by LONG MARK P on Friday, March 9. $2.19 million worth of stock was sold by MILLIGAN STEPHEN D on Wednesday, March 7.
Among 36 analysts covering Western Digital (NASDAQ:WDC), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. Western Digital had 162 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Sunday, July 30 by Mizuho. Mizuho maintained Western Digital Corporation (NASDAQ:WDC) on Sunday, October 8 with “Buy” rating. Cowen & Co maintained Western Digital Corporation (NASDAQ:WDC) on Tuesday, June 27 with “Buy” rating. Morgan Stanley maintained Western Digital Corporation (NASDAQ:WDC) on Friday, May 27 with “Equal-Weight” rating. The stock has “Neutral” rating by UBS on Thursday, October 12. The company was upgraded on Friday, March 16 by Robert W. Baird. Cowen & Co maintained Western Digital Corporation (NASDAQ:WDC) on Wednesday, August 23 with “Buy” rating. RBC Capital Markets maintained Western Digital Corporation (NASDAQ:WDC) on Tuesday, September 5 with “Buy” rating. The firm earned “Buy” rating on Wednesday, January 4 by Guggenheim. The stock has “Buy” rating by BTIG Research on Tuesday, April 26.
Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.05, from 1.12 in 2017Q2. It dived, as 65 investors sold WDC shares while 212 reduced holdings. 69 funds opened positions while 240 raised stakes. 240.32 million shares or 2.88% more from 233.59 million shares in 2017Q2 were reported. Villere St Denis J & Ltd Company, Louisiana-based fund reported 1.03 million shares. Todd Asset Management Lc reported 173,585 shares. Smith Graham And Company LP stated it has 0.75% in Western Digital Corporation (NASDAQ:WDC). Brandes Invest Partners Ltd Partnership has invested 0.97% in Western Digital Corporation (NASDAQ:WDC). Pennsylvania-based Vanguard Gp has invested 0.13% in Western Digital Corporation (NASDAQ:WDC). Saturna Corporation invested 0.01% in Western Digital Corporation (NASDAQ:WDC). First Allied Advisory has invested 0.04% in Western Digital Corporation (NASDAQ:WDC). Growth LP accumulated 285,000 shares. Schwab Charles Management Inc holds 1.19M shares. Pnc Financial Services Gru reported 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Moreover, Tradewinds Capital Mgmt Ltd Limited Liability Company has 0.05% invested in Western Digital Corporation (NASDAQ:WDC). Sumitomo Mitsui Trust has invested 0.12% of its portfolio in Western Digital Corporation (NASDAQ:WDC). 576,655 were reported by Cornerstone Capital Management Holdg Limited Com. Herald Limited accumulated 4,500 shares. Hermes Mgmt Limited owns 502,978 shares or 0.65% of their US portfolio.
The stock decreased 13.73% or $5.12 during the last trading session, reaching $32.2. About 1.41 million shares traded or 282.12% up from the average. Herman Miller, Inc. (MLHR) has risen 6.46% since March 23, 2017 and is uptrending. It has underperformed by 10.24% the S&P500.
Speece Thorson Capital Group Inc holds 3.34% of its portfolio in Herman Miller, Inc. for 446,816 shares. Euclidean Technologies Management Llc owns 58,634 shares or 2.02% of their US portfolio. Moreover, Van Berkom & Associates Inc. has 1.65% invested in the company for 1.28 million shares. The Connecticut-based Zebra Capital Management Llc has invested 0.78% in the stock. Clean Yield Group, a Vermont-based fund reported 52,190 shares.
Ratings analysis reveals 0 of Herman Miller’s analysts are positive. Out of 2 Wall Street analysts rating Herman Miller, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. MLHR was included in 2 notes of analysts from November 4, 2016. The firm has “Neutral” rating by Seaport Global Securities given on Friday, November 4. The stock has “Underperform” rating by Raymond James on Tuesday, January 3.