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.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright and trademark laws. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/18/vestpro-financial-partners-inc-dba-cpf-texas-invests-210000-in-container-store-group-inc-tcs-stock.html.
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.
Want to see what other hedge funds are holding TCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Container Store Group Inc (NYSE:TCS).
Receive News & Ratings for Container Store Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Container Store Group and related companies with MarketBeat.com's FREE daily email newsletter.