The most recent report that Quantbot Technologies LP has submitted to the Securities and Exchange Commission (SEC) indicates that the company made a new investment in HNI Co (NYSE: HNI) during the third quarter of the fiscal year.
The corporation spent approximately $101,000 to acquire 3,826 shares of the business services provider’s stock, bringing the total cost of the transaction close to that figure.
Several additional significant investors have also changed the proportion of the company’s shares they own.
Through the second quarter, Point72 Hong Kong Ltd achieved an increase of 89.9% in the proportion of HNI shares that it owned.
Point72 Hong Kong Ltd now owns 2,560 shares of the business services provider’s stock after purchasing an additional 1,212 shares during the most recent quarter.
The current market value of these shares is $89 thousand.
During the third quarter, Allspring Global Investments Holdings LLC increased the number of HNI shares held within its investment portfolio by 32.6%.
Allspring Global Investments Holdings LLC now holds 3,664 shares of the business services provider’s stock, which has a value of $97,000 after purchasing an additional 900 shares during the period in question.
This brings the total number of shares held by the company to 3,664.
The Royal Bank of Canada achieved a 459.6% increase in the size of its holdings in HNI during the first three months of the year.
After making an additional purchase of 2,197 shares during the most recent period, Royal Bank of Canada now has 2,675 shares of the business services provider’s stock, which are now valued at $99,000.
This brings the bank’s total number of shares to 2,675 and its total value to $99,000.
Americas Securities LLC spent approximately 140,000 dollars during the third quarter to acquire a new investment in HNI.
The total cost of the transaction was approximately 140,000 dollars.
Last but not least, Envestnet Asset Management INC increased its holdings in HNI by approximately 201,000 dollars during the first quarter by purchasing additional shares for approximately that amount.
To the tune of 76.28% of the company’s shares, hedge funds, and other institutional investors are the owners of those shares.
A separate piece of news is that on October 25, StockNews.com released a research report that rated HNI as a “strong buy.” This rating indicates that the website thinks investors should buy the company’s stock.
On December 8, company director Larry B.
Porcellato made a transaction that sold 1,500 shares of the company’s stock.
This was another of the events that took place at the same time. With a total sales volume of $42,360, the price per share of the stock offered for sale averaged out to be $28.24. Following the completion of the sale, the director will have a direct ownership stake in a total of 38,926 company shares, each of which will have a value of $1,099,270.24. You will be taken to the legal file presented to the Securities and Exchange Commission if you click the link.
In this file, the transaction is described in greater detail. On December 8, company director Larry B.
Porcellato made a transaction that sold 1,500 shares of the company’s stock.
This was another of the events that took place at the same time. With a total sales volume of $42,360, the price per share of the stock offered for sale averaged out to be $28.24. Following the completion of the sale, the director will have a direct ownership stake in a total of 38,926 company shares, each of which will have a value of $1,099,270.24.
If you click on the link, you will be taken to the legal file presented to the Securities and Exchange Commission, and it will take you to the section describing the transaction.
In addition, on February 2, Vincent P.
Berger, Executive Vice President of the company, sold 2,150 of the company’s shares of stock.
It was determined that the price of each share, which ultimately fetched a total of $69,316.00 when sold, averaged out to be $32.24.
The Executive Vice President holds a total of 2,040,727.52 shares of the company’s stock, and their current value is $2,040,727.52.
Disclosures that are related to the sale might be found in this section of the website.
Insiders of the company have sold 8,033 shares over the past three months, bringing in a total of $253,466. 2.80% of the company’s stock is owned by individuals considered to be “corporate insiders.”
On Thursday, the price of each share of NYSE: HNI stock was set at $31.39, and trading began.
The moving averages for the stock’s price over the past 50 and 200 days are currently at $29.40 and $30.30, respectively.
All of the financial ratios, including the debt-to-equity ratio, the current ratio, and the quick ratio, equal 0.34; 1.17 is the value of the current ratio, and 0.69 is the value of the quick ratio. HNI Company achieved a one-year high of $44.50 and a one-year low of $26.51 during the period covered by this report.
The company has a price-to-earnings ratio of 11.41, a beta value of 0.95, and a market capitalization of $1.30 billion.
The HNI Corporation is the manufacturer of both residential building materials and office furniture.
Their products can be found in offices all over the world.
It is active in the industries of residential building materials and office furniture, to name just two of the many industries in which it participates. Workplace Furnishings is a company that specializes in producing and selling a comprehensive selection of office furniture.
This selection includes panel-based and freestanding furniture systems, seating, storage, tables, and architectural objects.
This furniture can be used in a residential or commercial setting with equal ease.