At Home Group Inc (HOME) Position Trimmed by Capital Fund Management S.A.
Capital Fund Management S.A. reduced its position in At Home Group Inc (NYSE:HOME) by 46.3% in the second quarter, Holdings Channel reports. The fund owned 18,800 shares of the financial services provider’s stock after selling 16,200 shares during the period. Capital Fund Management S.A.’s holdings in At Home Group were worth $736,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Voya Investment Management LLC raised its holdings in At Home Group by 1.2% in the 2nd quarter. Voya Investment Management LLC now owns 917,499 shares of the financial services provider’s stock worth $35,920,000 after acquiring an additional 10,444 shares during the last quarter. Clearfield Capital Management LP purchased a new position in At Home Group in the 2nd quarter worth approximately $12,920,000. Raymond James & Associates purchased a new position in At Home Group in the 2nd quarter worth approximately $247,000. Renaissance Technologies LLC raised its holdings in At Home Group by 37.9% in the 2nd quarter. Renaissance Technologies LLC now owns 202,400 shares of the financial services provider’s stock worth $7,924,000 after acquiring an additional 55,600 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in At Home Group in the 2nd quarter worth approximately $312,000. Institutional investors own 61.45% of the company’s stock.
In other news, major shareholder Starr Investment Holdings, Llc sold 4,591,824 shares of the business’s stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $33.11, for a total transaction of $152,035,292.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Becky Kay Haislip sold 7,194 shares of the business’s stock in a transaction on Thursday, July 26th. The shares were sold at an average price of $38.28, for a total transaction of $275,386.32. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,894,571 shares of company stock valued at $162,954,133. 7.25% of the stock is currently owned by insiders.
At Home Group (NYSE:HOME) last posted its earnings results on Wednesday, August 29th. The financial services provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. At Home Group had a net margin of 1.95% and a return on equity of 6.26%. The business had revenue of $288.50 million during the quarter, compared to the consensus estimate of $286.50 million. During the same quarter in the previous year, the firm posted $0.18 EPS. The firm’s revenue was up 24.3% on a year-over-year basis. sell-side analysts forecast that At Home Group Inc will post 0.79 earnings per share for the current year.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of At Home Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 5th. ValuEngine lowered shares of At Home Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 21st. Bank of America boosted their price objective on shares of At Home Group from $37.00 to $43.00 and gave the stock a “buy” rating in a report on Friday, June 8th. Wells Fargo & Co restated a “buy” rating and issued a $42.00 price objective on shares of At Home Group in a report on Thursday, August 30th. Finally, Jefferies Financial Group set a $47.00 target price on shares of At Home Group and gave the stock a “buy” rating in a research report on Thursday, August 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. At Home Group presently has an average rating of “Buy” and an average target price of $42.44.
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 décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
Further Reading: Do Tariffs Work?
Want to see what other hedge funds are holding HOME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for At Home Group Inc (NYSE:HOME).
Receive News & Ratings for At Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for At Home Group and related companies with MarketBeat.com's FREE daily email newsletter.