Bank of America Corp DE Acquires 63,129 Shares of At Home Group Inc (HOME)

Bank of America Corp DE raised its stake in shares of At Home Group Inc (NASDAQ:HOME) by 864.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,431 shares of the financial services provider’s stock after buying an additional 63,129 shares during the period. Bank of America Corp DE owned 0.12% of At Home Group worth $1,068,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in At Home Group by 45.5% in the fourth quarter. State Street Corp now owns 108,986 shares of the financial services provider’s stock valued at $1,593,000 after buying an additional 34,094 shares during the last quarter. Norges Bank acquired a new position in At Home Group during the fourth quarter valued at approximately $1,025,000. Teachers Advisors LLC raised its position in At Home Group by 97.1% in the fourth quarter. Teachers Advisors LLC now owns 17,416 shares of the financial services provider’s stock valued at $255,000 after buying an additional 8,578 shares during the last quarter. Wells Fargo & Company MN raised its position in At Home Group by 2.6% in the first quarter. Wells Fargo & Company MN now owns 40,684 shares of the financial services provider’s stock valued at $618,000 after buying an additional 1,021 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in At Home Group by 13.2% in the first quarter. Bank of New York Mellon Corp now owns 29,404 shares of the financial services provider’s stock valued at $445,000 after buying an additional 3,425 shares during the last quarter.

Shares of At Home Group Inc (HOME) traded down 0.97% on Friday, reaching $22.53. 272,068 shares of the company were exchanged. At Home Group Inc has a 1-year low of $10.19 and a 1-year high of $26.40. The stock has a market capitalization of $1.36 billion and a PE ratio of 44.70. The company has a 50-day moving average price of $22.99 and a 200 day moving average price of $18.78.

At Home Group (NASDAQ:HOME) last posted its earnings results on Wednesday, June 7th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.19. The firm had revenue of $211.84 million during the quarter, compared to the consensus estimate of $208.90 million. At Home Group had a net margin of 4.74% and a return on equity of 7.44%. The company’s revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS. On average, analysts forecast that At Home Group Inc will post $0.75 EPS for the current fiscal year.

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Several research analysts have recently commented on HOME shares. Zacks Investment Research raised shares of At Home Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 31st. Guggenheim raised their price objective on shares of At Home Group from $19.00 to $23.00 and gave the company a “buy” rating in a research note on Thursday, June 8th. Jefferies Group LLC raised their price objective on shares of At Home Group from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, June 9th. Morgan Stanley raised their price objective on shares of At Home Group from $17.00 to $20.00 and gave the company an “equal weight” rating in a research note on Friday, June 9th. Finally, Bank of America Corporation raised their price objective on shares of At Home Group from $18.50 to $24.50 and gave the company a “buy” rating in a research note on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. At Home Group presently has a consensus rating of “Buy” and a consensus price target of $22.79.

At Home Group Company Profile

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

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