At Home Group (HOME) Stock Rating Lowered by Zacks Investment Research

At Home Group (NYSE:HOME) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

According to Zacks, “At Home Group Inc. owns and operates home-decorating accessories stores primarily in the United States. It offers furniture, home furnishings, wall decor and decorative accents, rugs and housewares. At Home Group Inc. is headquartered in Plano, Texas. “

Other research analysts have also recently issued research reports about the stock. SunTrust Banks restated a “buy” rating on shares of At Home Group in a report on Monday, September 18th. Guggenheim restated a “buy” rating and issued a $35.00 target price on shares of At Home Group in a report on Thursday, December 21st. KeyCorp reiterated a “buy” rating on shares of At Home Group in a research note on Thursday, December 21st. Jefferies Group reiterated a “buy” rating and set a $35.00 price target (up previously from $30.00) on shares of At Home Group in a research note on Thursday, November 30th. Finally, BidaskClub cut shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $29.31.

At Home Group (NYSE:HOME) opened at $31.75 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.06 and a debt-to-equity ratio of 0.56. At Home Group has a twelve month low of $13.58 and a twelve month high of $32.32. The company has a market cap of $1,920.00 and a P/E ratio of 52.92.

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

In other At Home Group news, insider Alissa M. Ahlman sold 30,702 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $26.60, for a total transaction of $816,673.20. Following the completion of the transaction, the insider now owns 19,104 shares in the company, valued at approximately $508,166.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Aea Management (Cayman) Ltd sold 3,109,701 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $24.50, for a total transaction of $76,187,674.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 6,059,123 shares of company stock valued at $147,115,802. 7.30% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the business. GSA Capital Partners LLP purchased a new position in shares of At Home Group in the 3rd quarter valued at about $295,000. Neuberger Berman Group LLC increased its holdings in shares of 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 purchasing an additional 4,400 shares in the last quarter. PEAK6 Investments L.P. purchased a new position in shares of At Home Group in the 3rd quarter valued at about $1,956,000. Dimensional Fund Advisors LP purchased a new position in shares of At Home Group in the 3rd quarter valued at about $245,000. Finally, Citadel Advisors LLC purchased a new position in shares of At Home Group in the 3rd quarter valued at about $254,000. Institutional investors own 24.72% of the company’s stock.

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