Pentwater Capital Management LP increased its stake in shares of At Home Group Inc (NYSE:HOME) by 100.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,000 shares of the financial services provider’s stock after purchasing an additional 50,000 shares during the quarter. Pentwater Capital Management LP owned 0.16% of At Home Group worth $3,153,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in HOME. US Bancorp DE raised its stake in At Home Group by 116.1% during the 2nd 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 during the last quarter. NumerixS Investment Technologies Inc purchased a new position in shares of At Home Group during the 2nd quarter worth approximately $156,000. Legal & General Group Plc grew its holdings in shares of At Home Group by 123.8% in the 2nd quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock worth $169,000 after acquiring an additional 2,385 shares during the period. Virtu Financial LLC acquired a new stake in shares of At Home Group in the 3rd quarter worth approximately $210,000. Finally, Raymond James & Associates acquired a new stake in shares of At Home Group in the 2nd quarter worth approximately $247,000. 80.68% of the stock is owned by institutional investors and hedge funds.
In other news, CFO Jeffrey R. Knudson acquired 4,993 shares of the firm’s stock in a transaction on 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Philip L. Francis bought 10,000 shares of At Home Group stock in a transaction dated Wednesday, October 24th. The shares were bought at an average price of $26.50 per share, for a total transaction of $265,000.00. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 29,751 shares of company stock valued at $661,995. Company insiders own 7.25% of the company’s stock.
HOME has been the topic of a number of recent analyst reports. Zacks Investment Research lowered At Home Group from a “hold” rating to a “sell” rating in a research note on Wednesday, December 12th. ValuEngine lowered At Home Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 6th. Morgan Stanley cut their target price on At Home Group from $47.00 to $33.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 11th. KeyCorp cut their price objective on At Home Group from $42.00 to $38.00 and set an “overweight” rating on the stock in a research report on Friday, December 7th. Finally, Wells Fargo & Co cut their price objective on At Home Group from $42.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, December 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $37.44.
Shares of HOME traded up $0.22 during mid-day trading on Tuesday, reaching $18.66. 1,282,437 shares of the company’s stock traded hands, compared to its average volume of 1,775,373. At Home Group Inc has a 12 month low of $15.89 and a 12 month high of $40.97. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 0.47. The stock has a market cap of $1.17 billion, a PE ratio of 24.55, a price-to-earnings-growth ratio of 1.03 and a beta of 1.44.
At Home Group (NYSE:HOME) last posted its quarterly earnings results on Thursday, December 6th. The financial services provider reported $0.18 EPS for the quarter, beating the consensus estimate of $0.15 by $0.03. The business had revenue of $267.20 million for the quarter, compared to analysts’ expectations of $265.38 million. At Home Group had a net margin of 2.64% and a return on equity of 7.27%. At Home Group’s revenue was up 25.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.07 EPS. As a group, analysts forecast that At Home Group Inc will post 0.77 EPS for the current year.
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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 décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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