California Public Employees Retirement System Purchases 56,057 Shares of Container Store Group Inc (TCS)

California Public Employees Retirement System increased its position in Container Store Group Inc (NYSE:TCS) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 879,225 shares of the specialty retailer’s stock after buying an additional 56,057 shares during the quarter. California Public Employees Retirement System owned 1.82% of Container Store Group worth $3,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in shares of Container Store Group by 0.9% in the second quarter. Dimensional Fund Advisors LP now owns 282,165 shares of the specialty retailer’s stock valued at $1,670,000 after buying an additional 2,617 shares during the period. State Street Corp increased its stake in shares of Container Store Group by 1.4% in the second quarter. State Street Corp now owns 255,896 shares of the specialty retailer’s stock valued at $1,516,000 after buying an additional 3,617 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Container Store Group by 7.9% in the second quarter. TIAA CREF Investment Management LLC now owns 74,194 shares of the specialty retailer’s stock valued at $439,000 after buying an additional 5,425 shares during the period. Royal Bank of Canada increased its stake in shares of Container Store Group by 14.5% in the second quarter. Royal Bank of Canada now owns 77,282 shares of the specialty retailer’s stock valued at $457,000 after buying an additional 9,778 shares during the period. Finally, Tudor Investment Corp ET AL increased its stake in shares of Container Store Group by 49.2% in the second quarter. Tudor Investment Corp ET AL now owns 39,096 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 12,901 shares during the period. 77.45% of the stock is owned by institutional investors.

Separately, Zacks Investment Research raised Container Store Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $5.13.

Shares of Container Store Group Inc (TCS) opened at $4.99 on Friday. The firm has a market cap of $238.11, a P/E ratio of 49.90, a price-to-earnings-growth ratio of 2.04 and a beta of 1.90. The company has a current ratio of 1.26, a quick ratio of 0.46 and a debt-to-equity ratio of 1.35. Container Store Group Inc has a 52-week low of $3.53 and a 52-week high of $6.37.

Container Store Group (NYSE:TCS) last released its earnings results on Tuesday, November 7th. The specialty retailer reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $218.40 million during the quarter, compared to the consensus estimate of $216.95 million. Container Store Group had a net margin of 0.59% and a return on equity of 6.18%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. equities research analysts forecast that Container Store Group Inc will post 0.34 earnings per share for the current fiscal year.

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Container Store Group Profile

The Container Store Group, Inc is a specialty retailer of storage and organization products. The Company’s segments include The Container Store (TCS), Elfa and Corporate/Other. The Company’s TCS segment consists of its retail stores, Website and call center, as well as its installation and organizational services business.

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Institutional Ownership by Quarter for Container Store Group (NYSE:TCS)

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