D.A. Davidson & CO. Acquires New Holdings in At Home Group Inc (HOME)
D.A. Davidson & CO. acquired a new position in At Home Group Inc (NASDAQ:HOME) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,100 shares of the financial services provider’s stock, valued at approximately $235,000.
Several other hedge funds have also recently added to or reduced their stakes in HOME. Point72 Asset Management L.P. increased its holdings in shares of At Home Group by 137.1% in the 1st quarter. Point72 Asset Management L.P. now owns 918,000 shares of the financial services provider’s stock worth $13,917,000 after acquiring an additional 530,774 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of At Home Group in the 2nd quarter worth about $10,798,000. 1060 Capital LLC increased its holdings in shares of At Home Group by 225.2% in the 2nd quarter. 1060 Capital LLC now owns 504,802 shares of the financial services provider’s stock worth $11,757,000 after acquiring an additional 349,572 shares during the period. Systematic Financial Management LP acquired a new stake in shares of At Home Group in the 1st quarter worth about $3,593,000. Finally, Scopus Asset Management L.P. acquired a new stake in shares of At Home Group in the 1st quarter worth about $2,964,000.
Shares of At Home Group Inc (NASDAQ:HOME) opened at 23.44 on Thursday. At Home Group Inc has a 12-month low of $10.36 and a 12-month high of $23.70. The firm has a market cap of $1.42 billion and a PE ratio of 43.90. The company has a 50 day moving average of $22.69 and a 200-day moving average of $22.69.
At Home Group (NASDAQ:HOME) last issued its earnings results on Tuesday, September 5th. The financial services provider reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.01. At Home Group had a net margin of 4.11% and a return on equity of 6.89%. The company had revenue of $232.07 million for the quarter, compared to the consensus estimate of $227.06 million. During the same quarter in the previous year, the company earned $0.13 EPS. The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year. Equities research analysts forecast that At Home Group Inc will post $0.75 EPS for the current fiscal year.
HOME has been the topic of a number of analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $24.00 price objective on shares of At Home Group in a report on Friday, July 14th. SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of At Home Group in a report on Monday, September 18th. Guggenheim reaffirmed a “buy” rating and issued a $28.00 price objective (up previously from $23.00) on shares of At Home Group in a report on Wednesday, September 6th. Bank of America Corporation increased their price objective on shares of At Home Group from $18.50 to $24.50 and gave the stock a “buy” rating in a report on Friday, June 9th. Finally, Morgan Stanley increased their price objective on shares of At Home Group from $17.00 to $20.00 and gave the stock an “equal weight” rating in a report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $26.21.
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