Mirror Industries Co., Ltd. (NYSE:MLR – Get Rating) announced its quarterly dividend on Wednesday, March 8, reports Zacks. A shareholder of record on Monday, March 20th will receive a dividend of 0.18 per share from the auto parts company on Monday, March 27th. This represents his $0.72 dividend and his 2.30% dividend yield on an annual basis. The ex-dividend date for this dividend is Friday, March 17.
Miller Industries price/performance ratio
NYSE:MLR opened at $31.27 on Friday. Miller Industries has a one-year low of $21.00 and a one-year high of $31.34. The company has a debt to equity ratio of 0.16, a quick ratio of 1.50 and a current ratio of 2.55. The stock has a market cap of $357.1 million, a PE ratio of 17.57 and a beta of 0.99. The stock has a 50-day moving average price of $28.21 and a 200-day moving average price of $25.97.
Wall Street Analyst Predicts Growth
Separately, StockNews.com downgraded Miller Industries from ‘buy’ to ‘pending’ in its research notes on Saturday, November 19th.
Institutional investors focus on the mirror industry
We recently changed MLRs held by multiple institutional investors. First Republic Investment Management Inc. boosted his position in Miller Industries by 8.0% in the second quarter. First Republic Investment Management Inc. owns 33,334 shares of the auto parts company worth $756,000 after he purchased an additional 2,473 shares during this period. Engineers Gate Manager LP increased its shares in Miller Industries by 103.4% in the first quarter. After acquiring an additional 10,447 shares during this period, Engineers Gate Manager LP now owns 20,548 shares of the auto parts company worth $579,000. Barclays PLC increased its position in Miller Industries by 14.9% in the fourth quarter. Barclays PLC now owns 19,278 shares in the auto parts company valued at $514,000 after purchasing an additional 2,507 shares during the previous quarter. Bank of Montreal Can purchased a new Miller Industries position worth approximately $424,000 in the first quarter. Finally, Millennium Management LLC expanded its position in Miller Industries by 49.4% in the second quarter. Millennium Management LLC now owns 18,344 shares worth $416,000 in auto parts company stock after purchasing an additional 6,068 shares during the previous quarter. Hedge funds and other institutional investors own 77.38% of the company’s shares.
Miller Industries Company Profile
Miller Industries, Inc (Tennessee) is engaged in the manufacture of vehicle traction and recovery equipment. The company’s products include car carriers, light duty, heavy duty, rotator and specialty transport. The company markets its products under the Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan and Chevron brand names.
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