Herman Miller, Inc. (MLHR) EPS Estimated At $0.58; Heritage Insurance Holdings (HRTG) Sellers Decreased By 3.13% Their Shorts

June 15, 2018 - By Michael Collier

Heritage Insurance Holdings, Inc. (NYSE:HRTG) Logo

Analysts expect Herman Miller, Inc. (NASDAQ:MLHR) to report $0.58 EPS on July, 4.They anticipate $0.06 EPS change or 9.38% from last quarter’s $0.64 EPS. MLHR’s profit would be $34.58 million giving it 15.04 P/E if the $0.58 EPS is correct. After having $0.50 EPS previously, Herman Miller, Inc.’s analysts see 16.00% EPS growth. The stock decreased 0.29% or $0.1 during the last trading session, reaching $34.9. About 253,422 shares traded. Herman Miller, Inc. (NASDAQ:MLHR) has risen 3.48% since June 15, 2017 and is uptrending. It has underperformed by 9.09% the S&P500. Some Historical MLHR News: ; 07/03/2018 Herman Miller: Andrew Lock, President, Herman Miller International, Will Retire, Effective July 31; 21/03/2018 – Herman Miller 3Q Adj EPS 50c; 21/03/2018 – HERMAN MILLER 3Q ADJ EPS 50C, EST. 49C; 21/04/2018 – DJ Herman Miller Inc, Inst Holders, 1Q 2018 (MLHR); 21/03/2018 – HERMAN MILLER SEES 4Q EPS 56C TO 60C, EST. 70C; 15/05/2018 – Contract Furniture & Furnishing Market (2018-2022) in Europe with Haworth, Herman Miller, Kinnarps, Knoll, and Steelcase Dominating – ResearchAndMarkets.com; 16/05/2018 – MLHR May Face Pressure, Industry Posts 11th Consecutive Drop; 21/03/2018 – After-hours buzz: FIVE, MLHR & more; 21/03/2018 – Herman Miller 3Q EPS 49c; 21/03/2018 – Herman Miller Sees 4Q EPS 49c-EPS 53c

Heritage Insurance Holdings Inc (NYSE:HRTG) had a decrease of 3.13% in short interest. HRTG’s SI was 4.25 million shares in June as released by FINRA. Its down 3.13% from 4.39 million shares previously. With 243,700 avg volume, 17 days are for Heritage Insurance Holdings Inc (NYSE:HRTG)’s short sellers to cover HRTG’s short positions. The SI to Heritage Insurance Holdings Inc’s float is 16.57%. The stock decreased 1.32% or $0.22 during the last trading session, reaching $16.44. About 133,391 shares traded. Heritage Insurance Holdings, Inc. (NYSE:HRTG) has risen 41.25% since June 15, 2017 and is uptrending. It has outperformed by 28.68% the S&P500. Some Historical HRTG News: ; 07/03/2018 – Heritage Insurance 4Q Rev $108.6M; 07/05/2018 – HERITAGE INSURANCE HOLDINGS INC – BOOK VALUE PER SHARE INCREASED 19.1% QUARTER-OVER-QUARTER TO $15.09 AS OF MARCH 31, 2018; 07/03/2018 Heritage Insurance 4Q Loss/Shr 18c; 07/03/2018 – HERITAGE INSURANCE HOLDINGS INC – BOOK VALUE PER SHARE INCREASED 18.2% YEAR-OVER-YEAR TO $14.67 AS OF DECEMBER 31, 2017; 19/03/2018 – Heritage Insurance Closes Below 50-Day Average: Technicals; 07/03/2018 – HERITAGE INSURANCE HOLDINGS INC QTRLY NET PREMIUMS EARNED $ 101.7 MLN VS $ 94.9 MLN; 02/05/2018 – Heritage Insurance Closes Below 200-Day Average: Technicals; 07/03/2018 – Heritage Insurance 4Q Adj EPS $1.23; 07/05/2018 – Heritage Announces Quarterly Dividend; 19/04/2018 – DJ Heritage Insurance Holdings Inc, Inst Holders, 1Q 2018 (HRTG)

Among 7 analysts covering Heritage Insurance Holdings (NYSE:HRTG), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Heritage Insurance Holdings had 22 analyst reports since August 7, 2015 according to SRatingsIntel. On Thursday, March 8 the stock rating was maintained by Sandler O’Neill with “Buy”. Keefe Bruyette & Woods maintained the shares of HRTG in report on Friday, March 9 with “Buy” rating. The stock of Heritage Insurance Holdings, Inc. (NYSE:HRTG) earned “Buy” rating by Keefe Bruyette & Woods on Monday, December 4. Citigroup maintained the stock with “Buy” rating in Friday, November 3 report. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, September 20 report. SunTrust maintained the stock with “Buy” rating in Wednesday, November 1 report. The company was maintained on Thursday, March 8 by SunTrust. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, June 2. Citigroup maintained Heritage Insurance Holdings, Inc. (NYSE:HRTG) rating on Tuesday, April 10. Citigroup has “Buy” rating and $20 target. Wood maintained the stock with “Outperform” rating in Tuesday, August 9 report.

Another recent and important Heritage Insurance Holdings, Inc. (NYSE:HRTG) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Regulus Therapeutics, Airgain, Michael Kors, Heritage Insurance, CDK Global …” on May 17, 2018.

Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company has market cap of $436.81 million. The firm offers personal residential insurance for single-family homeowners and condominium owners; rental property insurance; and commercial residential insurance, as well as insurance policies for residential wind insurance in the state of Florida, North Carolina, South Carolina, Hawaii, Georgia, Alabama, and Mississippi. It currently has negative earnings. As of December 31, 2016, it had approximately 319,676 personal residential policies and 3,625 commercial residential policies.

Investors sentiment decreased to 1.2 in 2018 Q1. Its down 0.23, from 1.43 in 2017Q4. It worsened, as 27 investors sold Herman Miller, Inc. shares while 70 reduced holdings. 32 funds opened positions while 84 raised stakes. 45.30 million shares or 3.54% less from 46.96 million shares in 2017Q4 were reported. Arizona State Retirement System invested in 40,327 shares. Neuberger Berman Grp Limited Liability Corp holds 0% or 10,335 shares. Shelton Cap owns 35,423 shares. Menta owns 40,532 shares. Euclidean Techs Mgmt Limited Liability Company stated it has 2.04% in Herman Miller, Inc. (NASDAQ:MLHR). Moreover, Savings Bank Of Montreal Can has 0% invested in Herman Miller, Inc. (NASDAQ:MLHR) for 132,435 shares. Macquarie Grp Ltd holds 0% in Herman Miller, Inc. (NASDAQ:MLHR) or 52,500 shares. Great West Life Assurance Can, Manitoba – Canada-based fund reported 35,721 shares. Tudor Et Al reported 10,907 shares or 0.01% of all its holdings. Vanguard Grp Inc has invested 0.01% in Herman Miller, Inc. (NASDAQ:MLHR). Regions, Alabama-based fund reported 150 shares. Thomas Story & Son Ltd invested in 0.14% or 7,400 shares. Texas Permanent School Fund owns 39,502 shares for 0.02% of their portfolio. Numerixs Investment Technologies Inc holds 0.06% of its portfolio in Herman Miller, Inc. (NASDAQ:MLHR) for 8,200 shares. 95,995 are held by State Of Wisconsin Investment Board.

Since January 3, 2018, it had 0 buys, and 7 sales for $7.33 million activity. WALKER BRIAN C sold $4.75 million worth of Herman Miller, Inc. (NASDAQ:MLHR) on Friday, March 9. Gane Stephen C sold 30,988 shares worth $1.23 million. 1,190 shares were sold by Veltman Kevin J., worth $47,927 on Wednesday, January 3. Shares for $577,164 were sold by Bylsma Gregory J on Friday, May 4.

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 $2.08 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 16.23 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.

Another recent and important Herman Miller, Inc. (NASDAQ:MLHR) news was published by Prnewswire.com which published an article titled: “Design Within Reach Enters the Nashville Market with a New Studio in The Gulch” on June 14, 2018.

Among 4 analysts covering Herman Miller (NASDAQ:MLHR), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Herman Miller had 6 analyst reports since December 18, 2015 according to SRatingsIntel. The rating was initiated by Sidoti with “Buy” on Tuesday, June 27. The firm has “Hold” rating by BB&T Capital given on Friday, June 24. The stock of Herman Miller, Inc. (NASDAQ:MLHR) earned “Underperform” rating by Raymond James on Tuesday, January 3. Raymond James downgraded Herman Miller, Inc. (NASDAQ:MLHR) on Friday, December 18 to “Mkt Perform” rating. The rating was initiated by Seaport Global on Friday, November 4 with “Neutral”. The company was upgraded on Tuesday, December 26 by Raymond James.

Herman Miller, Inc. (NASDAQ:MLHR) Institutional Positions Chart

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