Royal Bank of Canada grew its stake in shares of Container Store (The) (NYSE:TCS) by 14.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,282 shares of the specialty retailer’s stock after purchasing an additional 9,778 shares during the quarter. Royal Bank of Canada owned approximately 0.16% of Container Store (The) worth $457,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in shares of Container Store (The) during the second quarter valued at approximately $105,000. Blair William & Co. IL boosted its stake in shares of Container Store (The) by 4.0% during the second quarter. Blair William & Co. IL now owns 21,225 shares of the specialty retailer’s stock valued at $126,000 after purchasing an additional 825 shares during the period. Tudor Investment Corp ET AL lifted its stake in Container Store (The) by 8.7% in the first quarter. Tudor Investment Corp ET AL now owns 26,195 shares of the specialty retailer’s stock worth $111,000 after acquiring an additional 2,104 shares during the period. Virtu KCG Holdings LLC purchased a new stake in Container Store (The) in the second quarter worth $160,000. Finally, Bank of America Corp DE lifted its stake in Container Store (The) by 10.6% in the first quarter. Bank of America Corp DE now owns 36,038 shares of the specialty retailer’s stock worth $152,000 after acquiring an additional 3,446 shares during the period. 79.48% of the stock is owned by hedge funds and other institutional investors.

Shares of Container Store (NYSE TCS) opened at $5.56 on Tuesday. Container Store has a 52 week low of $3.53 and a 52 week high of $8.34. The company has a market capitalization of $259.36, a price-to-earnings ratio of 18.52, a P/E/G ratio of 2.26 and a beta of 1.57. The company has a quick ratio of 0.46, a current ratio of 1.26 and a debt-to-equity ratio of 1.35.

Container Store (The) (NYSE:TCS) last announced its quarterly earnings results on Tuesday, November 7th. The specialty retailer reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. Container Store (The) had a return on equity of 6.18% and a net margin of 0.59%. The company had revenue of $218.40 million during the quarter, compared to analyst estimates of $216.95 million. The company’s revenue was up 6.5% compared to the same quarter last year. analysts expect that Container Store will post 0.34 EPS for the current fiscal year.

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TCS has been the subject of a number of research analyst reports. BidaskClub lowered Container Store (The) from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research raised Container Store (The) from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $4.50 price target (down previously from $5.25) on shares of Container Store (The) in a research note on Thursday, August 31st. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Container Store (The) presently has an average rating of “Hold” and an average price target of $5.13.

Container Store (The) Company Profile

The Container Store Group, Inc is a specialty retailer of storage and organization products. The Company’s segments include The Container Store (TCS), Elfa and Corporate/Other. The Company’s TCS segment consists of its retail stores, Website and call center, as well as its installation and organizational services business.

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Institutional Ownership by Quarter for Container Store (The) (NYSE:TCS)

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