Vestpro Financial Partners Inc. dba CPF Texas Invests $210,000 in Container Store Group Inc (TCS) Stock

Vestpro Financial Partners Inc. dba CPF Texas acquired a new position in shares of Container Store Group Inc (NYSE:TCS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 44,363 shares of the specialty retailer’s stock, valued at approximately $210,000.

A number of other institutional investors have also modified their holdings of TCS. IndexIQ Advisors LLC grew its position in Container Store Group by 83.1% during the 3rd quarter. IndexIQ Advisors LLC now owns 204,899 shares of the specialty retailer’s stock worth $863,000 after purchasing an additional 92,978 shares during the last quarter. Algert Global LLC boosted its holdings in shares of Container Store Group by 172.2% in the fourth quarter. Algert Global LLC now owns 141,442 shares of the specialty retailer’s stock valued at $670,000 after acquiring an additional 89,489 shares in the last quarter. Strs Ohio boosted its holdings in shares of Container Store Group by 151.8% in the fourth quarter. Strs Ohio now owns 112,300 shares of the specialty retailer’s stock valued at $532,000 after acquiring an additional 67,700 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of Container Store Group by 6.8% in the third quarter. California Public Employees Retirement System now owns 879,225 shares of the specialty retailer’s stock valued at $3,702,000 after acquiring an additional 56,057 shares in the last quarter. Finally, Macquarie Group Ltd. purchased a new stake in shares of Container Store Group in the third quarter valued at about $232,000. 77.21% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research downgraded shares of Container Store Group from a “hold” rating to a “sell” rating in a report on Friday. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Container Store Group has an average rating of “Sell” and an average price target of $5.13.

Shares of Container Store Group Inc (NYSE TCS) opened at $4.99 on Friday. The firm has a market cap of $241.16, a PE ratio of 17.21, a PEG ratio of 1.11 and a beta of 1.83. The company has a quick ratio of 0.55, a current ratio of 1.34 and a debt-to-equity ratio of 1.21. Container Store Group Inc has a fifty-two week low of $3.53 and a fifty-two week high of $6.37.

Container Store Group (NYSE:TCS) last issued its earnings results on Tuesday, February 6th. The specialty retailer reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.02). The firm had revenue of $223.00 million during the quarter, compared to analysts’ expectations of $227.58 million. Container Store Group had a net margin of 3.34% and a return on equity of 5.91%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. sell-side analysts expect that Container Store Group Inc will post 0.35 EPS for the current year.

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Container Store Group Company 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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