Bank of New York Mellon Corp cut its holdings in At Home Group Inc (NYSE:HOME) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 289,741 shares of the financial services provider’s stock after selling 26,770 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.46% of At Home Group worth $5,408,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in At Home Group by 104.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,657 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 1,866 shares during the period. Glenmede Trust Co. NA lifted its stake in At Home Group by 56.4% in the third quarter. Glenmede Trust Co. NA now owns 4,980 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 1,795 shares during the period. Virtu Financial LLC purchased a new stake in At Home Group in the third quarter worth about $210,000. Jefferies Group LLC purchased a new stake in At Home Group in the third quarter worth about $338,000. Finally, LPL Financial LLC purchased a new stake in At Home Group in the fourth quarter worth about $246,000. 87.45% of the stock is owned by institutional investors.
HOME opened at $22.15 on Friday. At Home Group Inc has a 52-week low of $15.89 and a 52-week high of $40.97. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.07 and a current ratio of 0.88. The stock has a market cap of $1.41 billion, a PE ratio of 29.93, a P/E/G ratio of 1.19 and a beta of 2.21.
At Home Group (NYSE:HOME) last posted its quarterly earnings data on Wednesday, March 27th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.01). At Home Group had a net margin of 4.20% and a return on equity of 7.40%. The company had revenue of $354.07 million for the quarter, compared to analyst estimates of $351.72 million. During the same quarter last year, the company earned $0.50 EPS. The business’s revenue was up 20.6% compared to the same quarter last year. On average, analysts anticipate that At Home Group Inc will post 0.99 earnings per share for the current fiscal year.
HOME has been the subject of a number of recent research reports. Morgan Stanley set a $30.00 target price on shares of At Home Group and gave the stock a “buy” rating in a report on Thursday, March 28th. Buckingham Research reduced their target price on shares of At Home Group from $28.00 to $24.00 and set a “buy” rating for the company in a report on Thursday, March 28th. Wells Fargo & Co reiterated a “buy” rating and issued a $25.00 target price (down from $30.00) on shares of At Home Group in a report on Tuesday, January 15th. Jefferies Financial Group reduced their target price on shares of At Home Group to $33.00 and set a “buy” rating for the company in a report on Tuesday, January 15th. Finally, Bank of America reiterated a “buy” rating and issued a $31.00 target price (down from $36.00) on shares of At Home Group in a report on Wednesday, January 9th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $29.36.
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About At Home Group
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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