At Home Group Inc (HOME) Major Shareholder Sells $76,187,674.50 in Stock
At Home Group Inc (NYSE:HOME) major shareholder Aea Management (Cayman) Ltd sold 3,109,701 shares of the stock in a transaction on Monday, December 11th. The shares were sold at an average price of $24.50, for a total value of $76,187,674.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of At Home Group Inc (NYSE:HOME) opened at $29.01 on Thursday. At Home Group Inc has a 12 month low of $13.30 and a 12 month high of $30.00. The firm has a market cap of $1,754.13, a PE ratio of 42.60, a PEG ratio of 1.36 and a beta of 3.84. The company has a current ratio of 0.85, a quick ratio of 0.06 and a debt-to-equity ratio of 0.56.
At Home Group (NYSE:HOME) last announced its earnings results on Wednesday, November 29th. The financial services provider reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. At Home Group had a net margin of 4.18% and a return on equity of 7.53%. The business had revenue of $213.00 million during the quarter, compared to the consensus estimate of $201.29 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. The business’s quarterly revenue was up 24.8% compared to the same quarter last year. research analysts expect that At Home Group Inc will post 0.79 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently made changes to their positions in HOME. Capital World Investors acquired a new stake in shares of At Home Group during the second quarter worth about $42,643,000. William Blair Investment Management LLC acquired a new stake in shares of At Home Group during the second quarter worth about $10,798,000. 1060 Capital LLC boosted its stake in shares of At Home Group by 225.2% during the second quarter. 1060 Capital LLC now owns 504,802 shares of the financial services provider’s stock worth $11,757,000 after buying an additional 349,572 shares during the period. American Century Companies Inc. boosted its stake in shares of At Home Group by 349.7% during the third quarter. American Century Companies Inc. now owns 199,593 shares of the financial services provider’s stock worth $4,559,000 after buying an additional 155,205 shares during the period. Finally, Lord Abbett & CO. LLC acquired a new stake in shares of At Home Group during the second quarter worth about $3,320,000. Institutional investors and hedge funds own 24.72% of the company’s stock.
Several brokerages have issued reports on HOME. BidaskClub lowered At Home Group from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Zacks Investment Research lowered At Home Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 24th. KeyCorp began coverage on At Home Group in a report on Monday, August 21st. They set an “overweight” rating and a $29.00 price objective on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $24.00 price objective (up previously from $20.00) on shares of At Home Group in a report on Thursday, September 7th. Finally, SunTrust Banks reaffirmed a “buy” rating on shares of At Home Group in a report on Monday, September 18th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. At Home Group currently has a consensus rating of “Buy” and an average target price of $27.06.
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At Home Group Company Profile
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