Lisanti Capital Growth LLC Grows Holdings in At Home Group Inc (HOME)

Lisanti Capital Growth LLC raised its stake in At Home Group Inc (NYSE:HOME) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 88,730 shares of the financial services provider’s stock after buying an additional 15,190 shares during the quarter. At Home Group accounts for about 1.5% of Lisanti Capital Growth LLC’s holdings, making the stock its 19th biggest position. Lisanti Capital Growth LLC’s holdings in At Home Group were worth $2,697,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the business. Macquarie Group Ltd. increased its stake in At Home Group by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 47,030 shares of the financial services provider’s stock valued at $1,095,000 after buying an additional 357 shares during the period. Neuberger Berman Group LLC increased its stake in At Home Group by 34.9% in the 3rd quarter. Neuberger Berman Group LLC now owns 17,000 shares of the financial services provider’s stock valued at $388,000 after buying an additional 4,400 shares during the period. Goldman Sachs Group Inc. increased its stake in At Home Group by 5.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 108,879 shares of the financial services provider’s stock valued at $2,536,000 after buying an additional 6,009 shares during the period. Syntal Capital Partners LLC acquired a new position in At Home Group in the 4th quarter valued at approximately $273,000. Finally, Swiss National Bank grew its position in At Home Group by 51.8% in the second quarter. Swiss National Bank now owns 30,200 shares of the financial services provider’s stock worth $703,000 after acquiring an additional 10,300 shares in the last quarter. Hedge funds and other institutional investors own 24.75% of the company’s stock.

Shares of At Home Group Inc (HOME) opened at $30.30 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.06. The company has a market cap of $1,889.16, a P/E ratio of 50.13, a price-to-earnings-growth ratio of 1.09 and a beta of 2.40. At Home Group Inc has a 1 year low of $13.97 and a 1 year high of $34.01.

At Home Group (NYSE:HOME) last posted its quarterly earnings data on Wednesday, November 29th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.03. The business had revenue of $213.00 million during the quarter, compared to the consensus estimate of $201.29 million. At Home Group had a net margin of 4.18% and a return on equity of 7.53%. At Home Group’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 EPS. sell-side analysts predict that At Home Group Inc will post 0.79 EPS for the current fiscal year.

Several research firms have commented on HOME. Zacks Investment Research raised shares of At Home Group from a “hold” rating to a “strong-buy” rating and set a $36.00 target price for the company in a research report on Thursday, February 1st. Barclays began coverage on shares of At Home Group in a research report on Thursday, January 25th. They issued an “overweight” rating and a $40.00 target price for the company. Guggenheim reissued a “buy” rating and issued a $35.00 target price on shares of At Home Group in a research report on Thursday, December 21st. KeyCorp reissued a “buy” rating on shares of At Home Group in a research report on Thursday, December 21st. Finally, Jefferies Group reissued a “buy” rating and issued a $35.00 target price (up from $30.00) on shares of At Home Group in a research report on Thursday, November 30th. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. At Home Group currently has a consensus rating of “Buy” and a consensus target price of $30.61.

In related news, major shareholder Aea Management (Cayman) Ltd sold 3,109,701 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $24.50, for a total transaction of $76,187,674.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Alissa M. Ahlman sold 30,702 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $26.60, for a total transaction of $816,673.20. Following the sale, the insider now directly owns 19,104 shares of the company’s stock, valued at $508,166.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 6,439,046 shares of company stock valued at $159,525,332. 7.14% of the stock is owned by insiders.

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At Home Group Profile

At Home Group, Inc is a home decor superstore. The Company is focused on providing a range of assortment of products for any room, in any style, for any budget. As of July 30, 2016, the Company offered over 50,000 stock keeping units (SKUs) throughout its stores. As of July 30, 2016, the Company’s store base is consisted of 115 format stores across 29 states and 65 markets, averaging approximately 120,000 square feet per store.

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Institutional Ownership by Quarter for At Home Group (NYSE:HOME)

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