Citadel Advisors LLC purchased a new stake in Tuesday Morning Co. (NASDAQ:TUES) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 44,542 shares of the company’s stock, valued at approximately $143,000. Citadel Advisors LLC owned approximately 0.10% of Tuesday Morning at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Boston Partners purchased a new stake in Tuesday Morning during the third quarter worth $445,000. Goldman Sachs Group Inc. boosted its position in Tuesday Morning by 144.4% during the second quarter. Goldman Sachs Group Inc. now owns 438,191 shares of the company’s stock worth $833,000 after purchasing an additional 258,932 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Tuesday Morning during the second quarter worth $261,000. AWM Investment Company Inc. boosted its position in Tuesday Morning by 1,200.0% during the second quarter. AWM Investment Company Inc. now owns 650,000 shares of the company’s stock worth $1,235,000 after purchasing an additional 600,000 shares in the last quarter. Finally, Schneider Capital Management Corp boosted its position in Tuesday Morning by 1,279.5% during the second quarter. Schneider Capital Management Corp now owns 1,084,936 shares of the company’s stock worth $2,061,000 after purchasing an additional 1,006,288 shares in the last quarter. Hedge funds and other institutional investors own 71.57% of the company’s stock.

Shares of Tuesday Morning Co. (NASDAQ TUES) opened at $2.95 on Monday. The company has a quick ratio of 0.12, a current ratio of 1.70 and a debt-to-equity ratio of 0.23. Tuesday Morning Co. has a 12-month low of $1.60 and a 12-month high of $6.00.

Tuesday Morning (NASDAQ:TUES) last issued its quarterly earnings data on Thursday, November 2nd. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by ($0.08). Tuesday Morning had a negative net margin of 3.69% and a negative return on equity of 17.31%. The company had revenue of $218.76 million during the quarter, compared to analysts’ expectations of $216.39 million. During the same quarter in the prior year, the company earned ($0.20) earnings per share. The firm’s revenue was up 3.2% compared to the same quarter last year. analysts anticipate that Tuesday Morning Co. will post -0.51 earnings per share for the current year.

In related news, Director Sherry M. Smith acquired 13,084 shares of Tuesday Morning stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average cost of $2.75 per share, for a total transaction of $35,981.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 4.60% of the stock is owned by corporate insiders.

Separately, B. Riley reiterated a “neutral” rating and set a $2.40 target price (down from $2.60) on shares of Tuesday Morning in a research report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $2.90.

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About Tuesday Morning

Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods.

Institutional Ownership by Quarter for Tuesday Morning (NASDAQ:TUES)

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