Teachers Retirement System of The State of Kentucky grew its position in Wayfair Inc (NYSE:W) by 218.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,016 shares of the company’s stock after acquiring an additional 7,562 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Wayfair were worth $884,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Two Sigma Advisers LP raised its position in Wayfair by 12.0% during the 4th quarter. Two Sigma Advisers LP now owns 204,600 shares of the company’s stock worth $16,423,000 after purchasing an additional 22,000 shares during the last quarter. Ellington Management Group LLC bought a new position in Wayfair during the 4th quarter worth $2,801,000. Guggenheim Capital LLC raised its position in Wayfair by 7.3% during the 4th quarter. Guggenheim Capital LLC now owns 9,629 shares of the company’s stock worth $773,000 after purchasing an additional 654 shares during the last quarter. Armistice Capital LLC bought a new position in Wayfair during the 4th quarter worth $5,458,000. Finally, Brandywine Global Investment Management LLC raised its position in Wayfair by 10.7% during the 4th quarter. Brandywine Global Investment Management LLC now owns 245,564 shares of the company’s stock worth $19,712,000 after purchasing an additional 23,648 shares during the last quarter. Institutional investors own 70.84% of the company’s stock.

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A number of analysts have weighed in on the company. Piper Jaffray Companies reiterated an “overweight” rating and set a $112.00 price target (up from $89.00) on shares of Wayfair in a report on Thursday, February 15th. Wedbush reiterated an “outperform” rating on shares of Wayfair in a report on Wednesday, December 27th. Bank of America set a $100.00 price target on Wayfair and gave the stock a “hold” rating in a report on Tuesday, February 20th. Zacks Investment Research downgraded Wayfair from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Finally, MKM Partners set a $91.00 price target on Wayfair and gave the stock a “buy” rating in a report on Friday, February 23rd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $85.90.

Shares of Wayfair Inc (NYSE:W) opened at $69.27 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.07 and a debt-to-equity ratio of -8.60. Wayfair Inc has a 12 month low of $36.93 and a 12 month high of $100.14.

Wayfair (NYSE:W) last issued its earnings results on Thursday, February 22nd. The company reported ($0.83) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.79) by ($0.04). The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.36 billion. Wayfair had a negative net margin of 5.18% and a negative return on equity of 31,507.11%. The business’s quarterly revenue was up 46.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.34) earnings per share. research analysts predict that Wayfair Inc will post -3.69 EPS for the current fiscal year.

In other Wayfair news, insider John Champlin Mulliken sold 700 shares of Wayfair stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $80.86, for a total transaction of $56,602.00. Following the completion of the transaction, the insider now owns 55,126 shares in the company, valued at approximately $4,457,488.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Edmond Macri sold 600 shares of Wayfair stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $80.36, for a total value of $48,216.00. Following the transaction, the insider now owns 500 shares of the company’s stock, valued at approximately $40,180. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 13,600 shares of company stock valued at $1,053,632 and sold 79,748 shares valued at $7,201,014. Company insiders own 56.93% of the company’s stock.

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Wayfair Profile

Wayfair Inc (Wayfair) offers browsing, merchandising and product discovery for a range of products from various suppliers. The Company operates through two segments: U.S. and International. The U.S. segment consists of amounts earned through product sales through the Company’s five sites in the United States and through sites operated by third parties in the United States.

Institutional Ownership by Quarter for Wayfair (NYSE:W)

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