Copper Rock Capital Partners LLC lifted its holdings in shares of At Home Group Inc (NYSE:HOME) by 15.9% in the fourth quarter, HoldingsChannel reports. The fund owned 820,052 shares of the financial services provider’s stock after purchasing an additional 112,779 shares during the period. Copper Rock Capital Partners LLC’s holdings in At Home Group were worth $15,122,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. US Bancorp DE raised its holdings in shares of At Home Group by 116.1% during the second quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 1,620 shares in the last quarter. NumerixS Investment Technologies Inc bought a new position in shares of At Home Group during the second quarter valued at approximately $156,000. Glenmede Trust Co. NA raised its holdings in shares of At Home Group by 56.4% during the third quarter. Glenmede Trust Co. NA now owns 4,980 shares of the financial services provider’s stock valued at $156,000 after acquiring an additional 1,795 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of At Home Group by 123.8% during the second quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock valued at $169,000 after acquiring an additional 2,385 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in shares of At Home Group during the third quarter valued at approximately $210,000. Institutional investors own 80.68% of the company’s stock.
In related news, CFO Jeffrey R. Knudson bought 4,993 shares of the business’s stock in a transaction dated Monday, December 10th. The shares were purchased at an average cost of $20.28 per share, with a total value of $101,258.04. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Philip L. Francis bought 10,883 shares of the business’s stock in a transaction dated Monday, December 10th. The stock was bought at an average cost of $21.05 per share, for a total transaction of $229,087.15. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 29,751 shares of company stock worth $661,995. 7.25% of the stock is owned by insiders.
A number of brokerages recently commented on HOME. Bank of America restated a “buy” rating and set a $31.00 target price (down previously from $36.00) on shares of At Home Group in a report on Wednesday. ValuEngine raised At Home Group from a “sell” rating to a “hold” rating in a research note on Wednesday, December 12th. Zacks Investment Research cut At Home Group from a “hold” rating to a “sell” rating in a research note on Wednesday, December 12th. Monness Crespi & Hardt began coverage on At Home Group in a research note on Tuesday. They issued a “buy” rating and a $30.00 price target on the stock. Finally, Wells Fargo & Co reduced their price target on At Home Group from $42.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, December 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. At Home Group currently has a consensus rating of “Buy” and a consensus price target of $35.50.
HOME stock traded down $0.57 during midday trading on Wednesday, hitting $21.94. The stock had a trading volume of 912,451 shares, compared to its average volume of 1,235,046. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 1.13 and a beta of 2.28. At Home Group Inc has a 52-week low of $15.89 and a 52-week high of $40.97. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 0.47.
At Home Group (NYSE:HOME) last issued its quarterly earnings results on Thursday, December 6th. The financial services provider reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.03. The company had revenue of $267.20 million for the quarter, compared to analysts’ expectations of $265.38 million. At Home Group had a return on equity of 7.27% and a net margin of 2.64%. The firm’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 earnings per share. Equities research analysts expect that At Home Group Inc will post 0.77 earnings per share for the current fiscal year.
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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 décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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