Raymond James & Associates acquired a new position in shares of At Home Group Inc (NYSE:HOME) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,309 shares of the financial services provider’s stock, valued at approximately $247,000.
A number of other institutional investors also recently bought and sold shares of HOME. Wells Fargo & Company MN increased its position in At Home Group by 18.4% during the 1st quarter. Wells Fargo & Company MN now owns 14,974 shares of the financial services provider’s stock worth $480,000 after purchasing an additional 2,325 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in At Home Group by 69.8% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 36,787 shares of the financial services provider’s stock worth $1,179,000 after purchasing an additional 15,119 shares in the last quarter. Northern Trust Corp increased its position in At Home Group by 73.3% during the 1st quarter. Northern Trust Corp now owns 143,913 shares of the financial services provider’s stock worth $4,611,000 after purchasing an additional 60,858 shares in the last quarter. BlackRock Inc. increased its position in At Home Group by 99.1% during the 1st quarter. BlackRock Inc. now owns 601,004 shares of the financial services provider’s stock worth $19,256,000 after purchasing an additional 299,190 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in At Home Group by 147.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 539,494 shares of the financial services provider’s stock worth $17,285,000 after purchasing an additional 321,543 shares in the last quarter. Hedge funds and other institutional investors own 62.08% of the company’s stock.
HOME has been the subject of a number of recent research reports. ValuEngine cut At Home Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 7th. TheStreet upgraded At Home Group from a “c” rating to a “b-” rating in a research report on Friday, August 3rd. Zacks Investment Research cut At Home Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 9th. Jefferies Financial Group initiated coverage on At Home Group in a research report on Tuesday, August 21st. They set a “buy” rating and a $45.00 price objective for the company. Finally, Wells Fargo & Co reiterated a “buy” rating and set a $42.00 price objective on shares of At Home Group in a research report on Thursday, August 30th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $40.80.
In other At Home Group news, Director Philip L. Francis purchased 10,000 shares of the stock in a transaction on Wednesday, October 24th. The stock was bought at an average price of $26.50 per share, for a total transaction of $265,000.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Starr Investment Holdings, Llc sold 4,591,824 shares of At Home Group stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $33.11, for a total value of $152,035,292.64. The disclosure for this sale can be found here. Insiders sold a total of 4,772,268 shares of company stock valued at $158,439,284 in the last 90 days. 7.25% of the stock is owned by company insiders.
HOME opened at $29.59 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.89 and a quick ratio of 0.08. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 38.93, a price-to-earnings-growth ratio of 1.45 and a beta of 1.06. At Home Group Inc has a 12 month low of $20.58 and a 12 month high of $40.97.
At Home Group (NYSE:HOME) last posted its quarterly earnings results on Wednesday, August 29th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $288.50 million during the quarter, compared to analysts’ expectations of $286.50 million. At Home Group had a return on equity of 6.26% and a net margin of 1.95%. The firm’s revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 EPS. As a group, sell-side analysts forecast that At Home Group Inc will post 0.79 EPS for the current fiscal year.
At Home Group 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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