Janus Henderson Group PLC Takes Position in Wayfair Inc (NYSE:W)

Janus Henderson Group PLC purchased a new position in Wayfair Inc (NYSE:W) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 91,200 shares of the company’s stock, valued at approximately $6,147,000. Janus Henderson Group PLC owned approximately 0.10% of Wayfair at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. BNP Paribas Arbitrage SA grew its position in Wayfair by 96.2% during the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after acquiring an additional 667 shares during the last quarter. Delta Asset Management LLC TN grew its holdings in shares of Wayfair by 375.0% in the third quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock worth $128,000 after purchasing an additional 1,500 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Wayfair by 1,512.5% in the third quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock worth $157,000 after purchasing an additional 2,178 shares during the last quarter. Teacher Retirement System of Texas bought a new position in shares of Wayfair in the second quarter worth approximately $217,000. Finally, Aperio Group LLC bought a new position in shares of Wayfair in the second quarter worth approximately $217,000. 66.73% of the stock is currently owned by hedge funds and other institutional investors.

W has been the subject of a number of research analyst reports. Robert W. Baird reaffirmed a “hold” rating and issued a $73.00 price target on shares of Wayfair in a research note on Thursday, September 28th. KeyCorp reaffirmed a “hold” rating on shares of Wayfair in a research note on Friday, September 29th. Piper Jaffray Companies set a $89.00 price target on Wayfair and gave the stock a “buy” rating in a research note on Sunday, October 1st. Canaccord Genuity reissued a “buy” rating and set a $90.00 price objective on shares of Wayfair in a research report on Sunday, October 1st. Finally, Wedbush reissued an “outperform” rating and set a $82.00 price objective on shares of Wayfair in a research report on Wednesday, October 4th. Twelve research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $77.64.

Wayfair Inc (W) opened at $85.39 on Friday. Wayfair Inc has a 12-month low of $35.36 and a 12-month high of $85.65. The company has a debt-to-equity ratio of 135.98, a quick ratio of 1.17 and a current ratio of 1.19. The firm has a market capitalization of $7,500.00, a PE ratio of -34.29 and a beta of 0.96.

Wayfair (NYSE:W) last posted its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.68) by $0.03. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the firm earned ($0.54) EPS. The business’s quarterly revenue was up 39.1% on a year-over-year basis. sell-side analysts predict that Wayfair Inc will post -2.64 earnings per share for the current year.

In other news, insider Edmond Macri sold 600 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $81.89, for a total transaction of $49,134.00. Following the sale, the insider now directly owns 804 shares of the company’s stock, valued at approximately $65,839.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Champlin Mulliken sold 700 shares of the business’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $80.86, for a total value of $56,602.00. Following the transaction, the insider now directly owns 55,126 shares in the company, valued at approximately $4,457,488.36. The disclosure for this sale can be found here. Over the last three months, insiders sold 58,271 shares of company stock worth $4,218,216. 56.93% of the stock is owned by insiders.

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About Wayfair

Wayfair Inc (Wayfair) offers browsing, merchandising and product discovery for a range of products from various suppliers. The Company operates through two segments: U.S. and International. The U.S. segment consists of amounts earned through product sales through the Company’s five sites in the United States and through sites operated by third parties in the United States.

Institutional Ownership by Quarter for Wayfair (NYSE:W)

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