Dimensional Fund Advisors LP lessened its stake in Container Store Group Inc (NYSE:TCS) by 3.8% during the third quarter, HoldingsChannel reports. The firm owned 271,356 shares of the specialty retailer’s stock after selling 10,809 shares during the period. Dimensional Fund Advisors LP’s holdings in Container Store Group were worth $1,142,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. California Public Employees Retirement System lifted its holdings in shares of Container Store Group by 466.6% in the second quarter. California Public Employees Retirement System now owns 823,168 shares of the specialty retailer’s stock valued at $4,873,000 after purchasing an additional 677,882 shares in the last quarter. State Street Corp lifted its holdings in shares of Container Store Group by 1.4% in the second quarter. State Street Corp now owns 255,896 shares of the specialty retailer’s stock valued at $1,516,000 after purchasing an additional 3,617 shares in the last quarter. IndexIQ Advisors LLC lifted its holdings in shares of Container Store Group by 83.1% in the third quarter. IndexIQ Advisors LLC now owns 204,899 shares of the specialty retailer’s stock valued at $863,000 after purchasing an additional 92,978 shares in the last quarter. Citadel Advisors LLC lifted its holdings in shares of Container Store Group by 22.2% in the third quarter. Citadel Advisors LLC now owns 150,964 shares of the specialty retailer’s stock valued at $636,000 after purchasing an additional 27,458 shares in the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Container Store Group by 24.1% in the second quarter. Parametric Portfolio Associates LLC now owns 94,362 shares of the specialty retailer’s stock valued at $559,000 after purchasing an additional 18,311 shares in the last quarter. Institutional investors own 76.97% of the company’s stock.

Container Store Group Inc (NYSE TCS) opened at $4.67 on Friday. The company has a quick ratio of 0.46, a current ratio of 1.34 and a debt-to-equity ratio of 1.21. The firm has a market capitalization of $234.73, a P/E ratio of 7.92, a PEG ratio of 1.88 and a beta of 1.83. Container Store Group Inc has a fifty-two week low of $3.53 and a fifty-two week high of $6.37.

Container Store Group (NYSE:TCS) last issued its quarterly earnings results on Tuesday, February 6th. The specialty retailer reported $0.11 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.02). The business had revenue of $223.00 million for the quarter, compared to analysts’ expectations of $227.58 million. Container Store Group had a net margin of 3.34% and a return on equity of 5.91%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. sell-side analysts forecast that Container Store Group Inc will post 0.36 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded Container Store Group from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Container Store Group currently has a consensus rating of “Hold” and an average price target of $5.13.

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Container Store Group 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 Group (NYSE:TCS)

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