Kornitzer Capital Management Inc. KS grew its holdings in At Home Group Inc (NYSE:HOME) by 37.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 301,410 shares of the financial services provider’s stock after acquiring an additional 81,825 shares during the quarter. Kornitzer Capital Management Inc. KS owned about 0.47% of At Home Group worth $9,503,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also added to or reduced their stakes in HOME. FMR LLC boosted its position in shares of At Home Group by 21,066.0% in the 3rd quarter. FMR LLC now owns 2,222,425 shares of the financial services provider’s stock valued at $70,074,000 after purchasing an additional 2,211,925 shares during the period. Eagle Asset Management Inc. acquired a new stake in At Home Group during the 3rd quarter worth approximately $48,414,000. Carillon Tower Advisers Inc. acquired a new stake in At Home Group during the 3rd quarter worth approximately $42,141,000. BlackRock Inc. lifted its position in At Home Group by 187.2% during the 2nd quarter. BlackRock Inc. now owns 1,726,300 shares of the financial services provider’s stock worth $67,583,000 after acquiring an additional 1,125,296 shares during the period. Finally, Victory Capital Management Inc. lifted its position 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 acquiring an additional 910,649 shares during the period. Institutional investors and hedge funds own 80.68% of the company’s stock.
In other news, CFO Jeffrey R. Knudson acquired 4,993 shares of the company’s stock in a transaction that occurred on Monday, December 10th. The stock was purchased at an average cost of $20.28 per share, with a total value of $101,258.04. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Philip L. Francis acquired 10,883 shares of the company’s stock in a transaction that occurred on Monday, December 10th. The stock was purchased at an average cost of $21.05 per share, with a total value of $229,087.15. The disclosure for this purchase can be found here. Insiders purchased a total of 29,751 shares of company stock valued at $661,995 over the last ninety days. 7.25% of the stock is currently owned by company insiders.
A number of research firms have weighed in on HOME. ValuEngine raised At Home Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 12th. Zacks Investment Research cut At Home Group from a “hold” rating to a “sell” rating in a research report on Wednesday, December 12th. Morgan Stanley decreased their price objective on At Home Group from $47.00 to $33.00 and set an “overweight” rating for the company in a research report on Tuesday, December 11th. Wells Fargo & Co decreased their price objective on At Home Group from $42.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, December 7th. Finally, KeyCorp decreased their price objective on At Home Group from $42.00 to $38.00 and set an “overweight” rating for the company in a research report on Friday, December 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company. At Home Group currently has a consensus rating of “Buy” and an average target price of $37.44.
Shares of HOME traded up $1.26 during mid-day trading on Wednesday, hitting $17.94. The company’s stock had a trading volume of 987,300 shares, compared to its average volume of 903,088. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.85 and a quick ratio of 0.10. The stock has a market capitalization of $1.06 billion, a P/E ratio of 23.59, a P/E/G ratio of 0.93 and a beta of 1.44. At Home Group Inc has a 1-year low of $15.89 and a 1-year high of $40.97.
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 during 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 company’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period last year, the firm earned $0.07 EPS. Research analysts anticipate 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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