Bank of New York Mellon Corp Lowers Position in At Home Group Inc (HOME)

Bank of New York Mellon Corp trimmed its holdings in At Home Group Inc (NYSE:HOME) by 15.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,074 shares of the financial services provider’s stock after selling 4,056 shares during the period. Bank of New York Mellon Corp’s holdings in At Home Group were worth $504,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of HOME. Capital World Investors acquired a new stake in shares of At Home Group during the 2nd quarter worth about $42,643,000. Peregrine Capital Management LLC boosted its stake in shares of At Home Group by 14.7% during the 3rd quarter. Peregrine Capital Management LLC now owns 672,391 shares of the financial services provider’s stock worth $15,357,000 after purchasing an additional 85,922 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of At Home Group by 9.1% during the 2nd quarter. Vanguard Group Inc. now owns 406,885 shares of the financial services provider’s stock worth $9,477,000 after purchasing an additional 34,040 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of At Home Group by 14.6% during the 2nd quarter. New York State Common Retirement Fund now owns 239,730 shares of the financial services provider’s stock worth $5,583,000 after purchasing an additional 30,564 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of At Home Group by 349.7% during the 3rd quarter. American Century Companies Inc. now owns 199,593 shares of the financial services provider’s stock worth $4,559,000 after purchasing an additional 155,205 shares during the last quarter. 24.72% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Mary Jane Broussard sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $32.00, for a total value of $320,000.00. Following the transaction, the insider now owns 33,417 shares in the company, valued at $1,069,344. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Aea Management (Cayman) Ltd sold 3,109,701 shares of the firm’s stock in a transaction that occurred 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 disclosure for this sale can be found here. Insiders sold 6,098,842 shares of company stock worth $148,379,677 over the last three months. Corporate insiders own 7.30% of the company’s stock.

Shares of At Home Group Inc (NYSE:HOME) opened at $32.74 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.06. At Home Group Inc has a 12-month low of $13.97 and a 12-month high of $32.75. The stock has a market cap of $1,980.00 and a P/E ratio of 54.57.

At Home Group (NYSE:HOME) last released its earnings results 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. At Home Group had a net margin of 4.18% and a return on equity of 7.53%. The business had revenue of $213.00 million for the quarter, compared to analysts’ expectations of $201.29 million. During the same period last year, the company earned $0.03 earnings per share. The company’s quarterly revenue was up 24.8% on a year-over-year basis. analysts anticipate that At Home Group Inc will post 0.79 EPS for the current fiscal year.

Several research firms have issued reports on HOME. Guggenheim reaffirmed a “buy” rating and set a $35.00 price target on shares of At Home Group in a research note on Thursday, December 21st. BidaskClub cut shares of At Home Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Zacks Investment Research raised shares of At Home Group from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Wednesday, January 10th. SunTrust Banks reissued a “buy” rating on shares of At Home Group in a research report on Monday, September 18th. 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. At Home Group has a consensus rating of “Buy” and a consensus target price of $29.44.

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At Home Group Profile

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

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