OneDigital Investment Advisors LLC Has $111,000 Holdings in The Container Store Group, Inc. (NYSE:TCS)

OneDigital Investment Advisors LLC decreased its stake in shares of The Container Store Group, Inc. (NYSE:TCS) by 93.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,000 shares of the specialty retailer’s stock after selling 168,000 shares during the period. OneDigital Investment Advisors LLC owned approximately 0.35% of The Container Store Group worth $111,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assenagon Asset Management S.A. acquired a new position in The Container Store Group during the 2nd quarter worth approximately $165,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of The Container Store Group in the first quarter worth $490,000. Renaissance Technologies LLC boosted its holdings in The Container Store Group by 21.0% during the second quarter. Renaissance Technologies LLC now owns 88,200 shares of the specialty retailer’s stock worth $48,000 after purchasing an additional 15,300 shares during the last quarter. Finally, Zazove Associates LLC grew its position in The Container Store Group by 72.6% in the first quarter. Zazove Associates LLC now owns 470,410 shares of the specialty retailer’s stock valued at $536,000 after purchasing an additional 197,831 shares in the last quarter. 67.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut shares of The Container Store Group from a “hold” rating to a “sell” rating in a research report on Thursday, October 31st.

The Container Store Group Stock Up 2.3 %

TCS stock opened at $3.97 on Friday. The company has a market capitalization of $13.70 million, a P/E ratio of -0.13 and a beta of 1.08. The Container Store Group, Inc. has a twelve month low of $3.50 and a twelve month high of $37.80. The company has a 50 day moving average of $8.69. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.57 and a current ratio of 1.29.

The Container Store Group Profile

The Container Store Group, Inc operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop, cosmetic and jewelry, shower and bathtub, drawer organizers, and cabinet storage products; closets that includes shoe storage, hangers, drawer organizers, boxes and bins, hanging storage bags, garment racks, jewelry storage, and bedding.