Price T Rowe Associates Inc. MD Makes New Investment in Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Price T Rowe Associates Inc. MD bought a new stake in Tile Shop Holdings, Inc. (NASDAQ:TTSH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,862 shares of the company’s stock, valued at approximately $83,000.

Several other hedge funds have also recently made changes to their positions in the company. MetLife Investment Management LLC raised its stake in shares of Tile Shop by 36.8% in the fourth quarter. MetLife Investment Management LLC now owns 14,601 shares of the company’s stock valued at $101,000 after buying an additional 3,926 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Tile Shop by 67.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,948,821 shares of the company’s stock valued at $13,505,000 after buying an additional 783,429 shares during the period. Barclays PLC raised its stake in shares of Tile Shop by 9.9% in the fourth quarter. Barclays PLC now owns 57,214 shares of the company’s stock valued at $396,000 after buying an additional 5,175 shares during the period. Cannell Capital LLC raised its stake in shares of Tile Shop by 57.3% in the fourth quarter. Cannell Capital LLC now owns 255,507 shares of the company’s stock valued at $1,771,000 after buying an additional 93,116 shares during the period. Finally, Aristides Capital LLC raised its stake in shares of Tile Shop by 12.1% in the fourth quarter. Aristides Capital LLC now owns 18,999 shares of the company’s stock valued at $132,000 after buying an additional 2,050 shares during the period. 36.66% of the stock is currently owned by institutional investors.

Tile Shop Price Performance

Shares of TTSH opened at $6.10 on Monday. The firm has a market cap of $272.85 million, a PE ratio of 76.26 and a beta of 1.11. The stock’s fifty day moving average price is $6.00 and its two-hundred day moving average price is $6.63. Tile Shop Holdings, Inc. has a 1 year low of $4.62 and a 1 year high of $7.75.

Tile Shop (NASDAQ:TTSH) last issued its earnings results on Thursday, February 27th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $79.45 million during the quarter. Tile Shop had a net margin of 1.02% and a return on equity of 2.94%.

Tile Shop Profile

Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, comprises ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tile.