At Home Group Inc (NYSE:HOME) major shareholder Starr Investment Holdings, Llc sold 4,591,824 shares of the business’s stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $33.11, for a total transaction of $152,035,292.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
NYSE:HOME opened at $31.93 on Friday. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 42.01, a PEG ratio of 1.64 and a beta of 0.97. At Home Group Inc has a 1-year low of $20.07 and a 1-year high of $40.97. The company has a current ratio of 0.89, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48.
At Home Group (NYSE:HOME) last released its quarterly earnings results on Wednesday, August 29th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $288.50 million for the quarter, compared to the consensus estimate of $286.50 million. At Home Group had a net margin of 1.95% and a return on equity of 6.26%. The business’s revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS. equities analysts expect that At Home Group Inc will post 0.79 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in shares of At Home Group by 187.2% in the 2nd quarter. BlackRock Inc. now owns 1,726,300 shares of the financial services provider’s stock valued at $67,583,000 after acquiring an additional 1,125,296 shares during the period. Victory Capital Management Inc. increased its stake in At Home Group by 114.0% during the 2nd quarter. Victory Capital Management Inc. now owns 1,709,221 shares of the financial services provider’s stock worth $66,916,000 after buying an additional 910,649 shares during the period. Lord Abbett & CO. LLC increased its stake in At Home Group by 44.4% during the 1st quarter. Lord Abbett & CO. LLC now owns 1,541,651 shares of the financial services provider’s stock worth $49,395,000 after buying an additional 473,780 shares during the period. Waddell & Reed Financial Inc. increased its stake in At Home Group by 9.8% during the 2nd quarter. Waddell & Reed Financial Inc. now owns 1,329,500 shares of the financial services provider’s stock worth $52,049,000 after buying an additional 118,240 shares during the period. Finally, Voya Investment Management LLC increased its stake in At Home Group by 1.2% during the 2nd quarter. Voya Investment Management LLC now owns 917,499 shares of the financial services provider’s stock worth $35,920,000 after buying an additional 10,444 shares during the period. 61.45% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of At Home Group from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a report on Wednesday, June 13th. Wells Fargo & Co reiterated a “buy” rating and issued a $42.00 target price on shares of At Home Group in a report on Thursday, August 30th. Bank of America boosted their target price on shares of At Home Group from $37.00 to $43.00 and gave the company a “buy” rating in a report on Friday, June 8th. ValuEngine lowered shares of At Home Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 21st. Finally, Morgan Stanley upgraded shares of At Home Group from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $35.00 to $47.00 in a report on Tuesday, June 26th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. At Home Group has a consensus rating of “Buy” and an average price target of $42.44.
At Home Group Company Profile
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
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