Royce & Associates LP lifted its position in shares of Miller Industries, Inc. (NYSE:MLR – Free Report) by 29.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 644,607 shares of the auto parts company’s stock after acquiring an additional 148,079 shares during the period. Royce & Associates LP owned 0.06% of Miller Industries worth $42,132,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Miller Industries during the fourth quarter worth about $217,000. Charles Schwab Investment Management Inc. grew its position in shares of Miller Industries by 0.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 93,542 shares of the auto parts company’s stock worth $6,114,000 after acquiring an additional 587 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Miller Industries by 9.3% during the fourth quarter. Principal Financial Group Inc. now owns 8,887 shares of the auto parts company’s stock worth $581,000 after acquiring an additional 757 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Miller Industries by 15.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 178,271 shares of the auto parts company’s stock worth $11,652,000 after acquiring an additional 24,427 shares during the last quarter. Finally, Yorktown Management & Research Co Inc bought a new position in shares of Miller Industries during the fourth quarter worth about $307,000. Institutional investors own 79.24% of the company’s stock.
Miller Industries Stock Performance
Shares of MLR opened at $44.79 on Friday. The firm has a 50-day moving average price of $61.41 and a 200 day moving average price of $64.30. The firm has a market capitalization of $512.30 million, a PE ratio of 7.43 and a beta of 0.96. The company has a quick ratio of 1.46, a current ratio of 2.12 and a debt-to-equity ratio of 0.16. Miller Industries, Inc. has a 52-week low of $41.38 and a 52-week high of $78.25.
Miller Industries Increases Dividend
Miller Industries Company Profile
Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.
Featured Articles
- Five stocks we like better than Miller Industries
- The 3 Best Retail Stocks to Shop for in August
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Buy P&G Now, Before It Sets A New All-Time High
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding MLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Miller Industries, Inc. (NYSE:MLR – Free Report).
Receive News & Ratings for Miller Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Miller Industries and related companies with MarketBeat.com's FREE daily email newsletter.