Shares of HNI Corp. (NYSE:HNI) saw unusually-strong trading volume on Tuesday . Approximately 369,602 shares were traded during trading, an increase of 101% from the previous session’s volume of 184,073 shares.The stock last traded at $52.26 and had previously closed at $52.12.

Several research analysts have issued reports on HNI shares. TheStreet upgraded shares of HNI Corp. from a “hold” rating to a “buy” rating in a report on Thursday, March 31st. Zacks Investment Research upgraded shares of HNI Corp. from a “hold” rating to a “strong-buy” rating and set a $51.00 target price on the stock in a report on Wednesday, April 27th.

The firm has a market cap of $2.32 billion and a P/E ratio of 20.80. The stock has a 50-day moving average of $47.68 and a 200 day moving average of $40.48.

HNI Corp. (NYSE:HNI) last posted its quarterly earnings results on Thursday, July 21st. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.65 by $0.03. On average, equities analysts anticipate that HNI Corp. will post $2.85 earnings per share for the current year.

In other news, EVP Marco Molinari sold 46,360 shares of HNI Corp. stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $43.15, for a total transaction of $2,000,434.00. Following the transaction, the executive vice president now owns 81,302 shares in the company, valued at approximately $3,508,181.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Several hedge funds and institutional investors recently bought and sold shares of HNI. Liberty Mutual Group Asset Management Inc. raised its position in HNI Corp. by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 28,592 shares of the company’s stock valued at $1,032,000 after buying an additional 9,698 shares in the last quarter. Rhumbline Advisers raised its position in HNI Corp. by 2.3% in the fourth quarter. Rhumbline Advisers now owns 79,693 shares of the company’s stock valued at $2,874,000 after buying an additional 1,770 shares in the last quarter. California State Teachers Retirement System raised its position in HNI Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 82,438 shares of the company’s stock valued at $2,973,000 after buying an additional 1,292 shares in the last quarter. Nationwide Fund Advisors raised its position in HNI Corp. by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 100,069 shares of the company’s stock valued at $3,608,000 after buying an additional 698 shares in the last quarter. Finally, New York State Common Retirement Fund raised its position in HNI Corp. by 1.1% in the fourth quarter. New York State Common Retirement Fund now owns 113,563 shares of the company’s stock valued at $4,095,000 after buying an additional 1,200 shares in the last quarter.

HNI Corporation is a provider of office furniture and hearth products. The Company manufactures and markets gas and wood burning fireplaces. It operates through two segments: office furniture and hearth products. Its office furniture segment manufactures and markets a range of metal and wood commercial and home office furniture, which includes storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions, and panel systems and other related products.

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