Shares of At Home Group Inc (NYSE:HOME) rose 11.8% on Monday . The stock traded as high as $2.31 and last traded at $2.28, approximately 2,636,280 shares traded hands during mid-day trading. An increase of 7% from the average daily volume of 2,460,144 shares. The stock had previously closed at $2.04.
HOME has been the subject of several research analyst reports. KeyCorp dropped their price objective on shares of At Home Group from $14.00 to $10.00 and set an “overweight” rating for the company in a research report on Thursday, December 5th. Buckingham Research restated an “underperform” rating and issued a $4.75 price objective (down previously from $6.00) on shares of At Home Group in a research report on Friday, December 6th. TheStreet cut shares of At Home Group from a “c” rating to a “d+” rating in a research report on Monday, February 3rd. Morgan Stanley dropped their target price on shares of At Home Group from $6.00 to $4.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 17th. Finally, Jefferies Financial Group cut shares of At Home Group from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research report on Friday, December 6th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $8.97.
The firm’s 50-day simple moving average is $4.93 and its 200 day simple moving average is $6.99. The company has a market cap of $130.78 million, a P/E ratio of 2.43, a PEG ratio of 0.22 and a beta of 1.10. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.07 and a current ratio of 0.82.
In other news, major shareholder Clifford Sosin acquired 670,310 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of $3.17 per share, for a total transaction of $2,124,882.70. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 9.25% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Prentice Capital Management LP acquired a new position in At Home Group in the 4th quarter worth $21,569,000. CAS Investment Partners LLC boosted its stake in At Home Group by 5.6% in the 4th quarter. CAS Investment Partners LLC now owns 8,815,320 shares of the financial services provider’s stock worth $48,484,000 after purchasing an additional 470,106 shares during the period. Berylson Capital Partners LLC acquired a new position in At Home Group in the 4th quarter worth $2,250,000. Maverick Capital Ltd. acquired a new position in At Home Group in the 3rd quarter worth $3,773,000. Finally, Blueshift Asset Management LLC boosted its stake in At Home Group by 303.2% in the 4th quarter. Blueshift Asset Management LLC now owns 333,570 shares of the financial services provider’s stock worth $1,835,000 after purchasing an additional 250,842 shares during the period. Institutional investors and hedge funds own 76.20% of the company’s stock.
At Home Group Company Profile (NYSE:HOME)
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 décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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