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.

ILLEGAL ACTIVITY WARNING: This story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another domain, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this story can be accessed at

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)

Receive News & Ratings for Tuesday Morning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuesday Morning and related companies with's FREE daily email newsletter.