At Home Group (NYSE:HOME) has been given a $6.00 price target by equities researchers at Buckingham Research in a research report issued to clients and investors on Tuesday, TipRanks reports. The firm presently has a “sell” rating on the financial services provider’s stock. Buckingham Research’s price target would suggest a potential downside of 33.41% from the stock’s previous close.
Other equities analysts also recently issued reports about the stock. Loop Capital upped their price objective on shares of At Home Group to $8.00 and gave the company a “hold” rating in a report on Friday, June 7th. Morgan Stanley cut their target price on shares of At Home Group from $8.00 to $6.00 and set an “equal weight” rating for the company in a research note on Friday, September 6th. KeyCorp reduced their target price on shares of At Home Group from $35.00 to $14.00 and set an “overweight” rating for the company in a report on Friday, June 7th. They noted that the move was a valuation call. TheStreet lowered shares of At Home Group from a “c-” rating to a “d+” rating in a research note on Thursday, June 27th. Finally, Bank of America set a $6.00 price target on shares of At Home Group and gave the company a “sell” rating in a report on Thursday, September 5th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $15.58.
Shares of NYSE HOME traded up $0.45 during midday trading on Tuesday, hitting $9.01. 6,739,183 shares of the company’s stock were exchanged, compared to its average volume of 2,801,408. The company has a quick ratio of 0.07, a current ratio of 0.80 and a debt-to-equity ratio of 1.71. At Home Group has a 12 month low of $4.58 and a 12 month high of $33.97. The company’s 50 day moving average price is $6.00 and its 200 day moving average price is $14.35. The firm has a market capitalization of $510.06 million, a PE ratio of 12.18, a price-to-earnings-growth ratio of 0.67 and a beta of 1.23.
In other At Home Group news, major shareholder Clifford Sosin purchased 175,278 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was bought at an average cost of $5.90 per share, for a total transaction of $1,034,140.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Lewis L. Bird III purchased 64,005 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was acquired at an average price of $7.81 per share, with a total value of $499,879.05. Following the completion of the transaction, the chief executive officer now owns 33,000 shares of the company’s stock, valued at approximately $257,730. The disclosure for this purchase can be found here. Insiders have bought 1,222,324 shares of company stock valued at $7,055,257 in the last three months. Insiders own 9.25% of the company’s stock.
A number of institutional investors have recently bought and sold shares of HOME. FNY Investment Advisers LLC acquired a new position in At Home Group in the 2nd quarter valued at $40,000. US Bancorp DE lifted its position in shares of At Home Group by 178.0% during the 2nd quarter. US Bancorp DE now owns 6,598 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 4,225 shares during the period. Aperio Group LLC bought a new stake in shares of At Home Group during the 2nd quarter valued at $64,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in shares of At Home Group by 47.0% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 26,135 shares of the financial services provider’s stock worth $177,000 after purchasing an additional 8,359 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in shares of At Home Group by 1,116.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,107 shares of the financial services provider’s stock worth $181,000 after purchasing an additional 9,276 shares in the last quarter. Hedge funds and other institutional investors own 68.87% of the company’s stock.
About At Home Group
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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