Legal & General Group Plc Acquires 11,553 Shares of At Home Group Inc (HOME)
Legal & General Group Plc increased its position in At Home Group Inc (NYSE:HOME) by 268.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,864 shares of the financial services provider’s stock after acquiring an additional 11,553 shares during the period. Legal & General Group Plc’s holdings in At Home Group were worth $500,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Glenmede Trust Co. NA grew its position in At Home Group by 56.4% in the 3rd quarter. Glenmede Trust Co. NA now owns 4,980 shares of the financial services provider’s stock worth $156,000 after purchasing an additional 1,795 shares during the period. Brown Advisory Inc. lifted its stake in At Home Group by 25.5% in the 3rd quarter. Brown Advisory Inc. now owns 13,219 shares of the financial services provider’s stock worth $417,000 after purchasing an additional 2,686 shares in the last quarter. Shaker Investments LLC OH lifted its stake in At Home Group by 37.8% in the 3rd quarter. Shaker Investments LLC OH now owns 16,400 shares of the financial services provider’s stock worth $517,000 after purchasing an additional 4,500 shares in the last quarter. Raymond James & Associates purchased a new stake in At Home Group in the 2nd quarter worth $247,000. Finally, Virtu Financial LLC purchased a new stake in shares of At Home Group during the 3rd quarter valued at about $210,000. Institutional investors own 80.96% of the company’s stock.
In other news, Director Philip L. Francis purchased 3,875 shares of the firm’s stock in a transaction on Wednesday, December 26th. The shares were bought at an average cost of $17.20 per share, with a total value of $66,650.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeffrey R. Knudson acquired 4,993 shares of the business’s stock in a transaction dated Monday, December 10th. The shares were bought at an average price of $20.28 per share, for a total transaction of $101,258.04. The disclosure for this purchase can be found here. Insiders bought a total of 19,751 shares of company stock valued at $396,995 in the last quarter. Insiders own 7.25% of the company’s stock.
At Home Group (NYSE:HOME) last released 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 firm had revenue of $267.20 million during the quarter, compared to the consensus estimate 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 for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 EPS. As a group, research analysts expect that At Home Group Inc will post 0.77 EPS for the current fiscal year.
A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of At Home Group from a “hold” rating to a “sell” rating in a research report on Wednesday, December 12th. ValuEngine downgraded shares of At Home Group from a “hold” rating to a “sell” rating in a research note on Thursday, December 6th. KeyCorp dropped their price objective on shares of At Home Group from $42.00 to $38.00 and set an “overweight” rating on the stock in a research note on Friday, December 7th. Gordon Haskett started coverage on shares of At Home Group in a research report on Thursday, January 31st. They set a “hold” rating and a $22.00 target price for the company. Finally, Wells Fargo & Co decreased their price target on shares of At Home Group from $42.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, December 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the stock. At Home Group presently has an average rating of “Buy” and an average target price of $31.80.
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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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