Zacks Investment Research lowered shares of At Home Group (NYSE:HOME) from a hold rating to a strong sell rating in a research note published on Wednesday morning.

According to Zacks, “At Home Group Inc. owns and operates home-decorating accessories stores primarily in the United States. It offers furniture, home furnishings, wall decor and decorative accents, rugs and housewares. At Home Group Inc. is headquartered in Plano, Texas. “

Several other brokerages have also issued reports on HOME. Jefferies Financial Group started coverage on shares of At Home Group in a research note on Tuesday, August 21st. They issued a buy rating and a $45.00 price target for the company. Morgan Stanley upgraded shares of At Home Group from an equal weight rating to an overweight rating and increased their price target for the stock from $35.00 to $47.00 in a research note on Tuesday, June 26th. TheStreet upgraded shares of At Home Group from a c rating to a b- rating in a research note on Friday, August 3rd. ValuEngine lowered shares of At Home Group from a buy rating to a hold rating in a research note on Tuesday, August 7th. Finally, KeyCorp reiterated an overweight rating and issued a $42.00 price target (up from $35.00) on shares of At Home Group in a research note on Tuesday, May 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $42.44.

Shares of NYSE HOME opened at $32.44 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.89 and a quick ratio of 0.09. At Home Group has a 12 month low of $20.07 and a 12 month high of $40.97. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 42.68, a P/E/G ratio of 1.69 and a beta of 0.97.

At Home Group (NYSE:HOME) last issued its quarterly earnings data on Wednesday, August 29th. The financial services provider reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.01. At Home Group had a net margin of 1.95% and a return on equity of 6.26%. The business had revenue of $288.50 million during the quarter, compared to analyst estimates of $286.50 million. During the same period in the prior year, the business earned $0.18 EPS. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. equities research analysts expect that At Home Group will post 0.79 EPS for the current year.

In related news, insider Alissa M. Ahlman sold 6,430 shares of the stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $37.98, for a total transaction of $244,211.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Geoffrey G. Clark sold 3,880,091 shares of the stock in a transaction dated Friday, June 15th. The shares were sold at an average price of $37.81, for a total transaction of $146,706,240.71. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,750,155 shares of company stock valued at $330,321,325. 7.25% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. US Bancorp DE boosted its holdings in shares of At Home Group by 116.1% during the 2nd quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 1,620 shares during the last quarter. Princeton Capital Management LLC purchased a new stake in shares of At Home Group during the 2nd quarter valued at about $157,000. NumerixS Investment Technologies Inc purchased a new stake in shares of At Home Group during the 2nd quarter valued at about $156,000. Legal & General Group Plc boosted its holdings in shares of At Home Group by 123.8% during the 2nd quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock valued at $169,000 after acquiring an additional 2,385 shares during the last quarter. Finally, Fortaleza Asset Management Inc. purchased a new stake in shares of At Home Group during the 2nd quarter valued at about $172,000. 62.06% of the stock is currently owned by hedge funds and other institutional investors.

At Home Group Company Profile

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 d├ęcor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.

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