Hni Corp (NYSE:HNI) Big Money Sentiment Is 2

November 10, 2018 - By Jacqueline McKee

HNI Corporation (NYSE:HNI) Corporate Logo

Positions for Hni Corp (NYSE:HNI)

“Big money sentiment for Hni Corp (NYSE:HNI) in 2018 Q2 increased to 2, revealed SEC filings. That’s up 1.25, from 2018Q1’s 0.75. 84 institutional investors opened new and increased equity positions, while 42 trimmed and sold stock positions in Hni Corp so the sentiment is positive. Funds own 30.84 million shares, up from 30.04 million shares in 2018Q1. Funds holding Hni Corp in top 10 was flat from 0 to 0 for the same number . In total 8 funds closed positions, 34 reduced and 66 increased. Also 18 funds bought new Hni Corp stakes.

Biggest Hni Corp Shareholders

Merriman Wealth Management Llc owns 100,000 shares in Hni Corp as of 2018 Q2. Hni Corp’s shareholder Deprince Race & Zollo Inc owns 956,578 shares as of 2018 Q2. Also, State Farm Mutual Automobile Insurance Co reported 7.37 million shares in Hni Corp equivalent to 0.37% of its fund’s portfolio. Zebra Capital Management Llc revealed 23,240 shares position in Hni Corp. The Massachusetts-based fund Frontier Capital Management Co Llc looks positive on Hni Corp, possessing 992,273 shares.

HNI Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, India, and Taiwan.The company has $1.67 billion market cap. The companyÂ’s Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, OFM, basyx by HON, ERGOTM, and Lamex brands, as well as under private labels.18.28 is the P/E ratio. This segment sells its products through independent and local office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices.

The stock decreased 2.38% or $0.93 during the last trading session, reaching $38.13.HNI Corporation has volume of 138,731 shares. Since November 10, 2017 HNI has risen 12.86% and is uptrending. HNI underperformed the S&P 500 by 2.76%.

Investors expect HNI Corporation (NYSE:HNI)’s quarterly earnings on February, 14., as reported by Faxor. Analysts expect change of 117.02 % or $0.55 from previous year’s $0.47 earnings per share compared to current’s $1.02 earnings per share. If reported the P/E will be 9.35 with $44.70M profit. 13.33 % EPS growth is what Wall Street’s predicts after $0.90 reported EPS previous quarter.

Signaturefd Lc invested in 0% or 122 shs. Alliancebernstein Limited Partnership owns 70,135 shs. Ubs Asset Management Americas Inc accumulated 0% or 33,469 shs. Price T Rowe Associates Md stated it has 65,579 shs or 0% of all its holdings. 7,873 are owned by Hsbc Hldgs Public Limited Com. First Manhattan holds 0% or 1,400 shs. Petrus Trust Company Lta stated it has 9,402 shs. Aspiriant Ltd Liability Company accumulated 7,781 shs. Moreover, Quantbot L P has 0.01% invested in HNI Corporation (NYSE:HNI). Millennium Management Llc reported 0% in HNI Corporation (NYSE:HNI). First Personal Fincl reported 0% stake. State Bank Of Montreal Can holds 4,238 shs or 0% of its capital. Numerixs Investment Tech Inc stated it has 2,700 shs or 0.02% of all its holdings. Deprince Race And Zollo Inc reported 0.82% stake. First Advisors Lp owns 42,766 shs.

HNI Corporation registered $4.68 million net activity with 0 insider purchases and 9 insider sales since June 4, 2018. On Tuesday, September 4 $1.08 million worth of HNI Corporation (NYSE:HNI) was sold by ASKREN STANLEY A. Bridges Marshall H had sold 1,240 shs worth $47,260. Berger Vincent P also sold $336,523 worth of HNI Corporation (NYSE:HNI) shs.

A couple more HNI Corporation (NYSE:HNI) news were announced by: Globenewswire.com which released on October 31, 2018 “Consolidated Research: 2018 Summary Expectations for EQT GP Holdings, LP, Esterline Technologies, HNI, ONE Gas …”, also Benzinga.com on October 22, 2018 announced “HNI’s Q3 Earnings Outlook”, the next Streetinsider.com is “HNI Corp. (HNI) Announces Larry B. Porcellato as New Board Chairman Following Retirement of Stan Askren from Board” on November 08, 2018. Businesswire.com has article titled “HNI Corporation Reports Earnings for Third Quarter Fiscal Year 2018”.

HNI Corporation (NYSE:HNI) Institutional Investors Chart

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