Nomura Holdings Inc. Purchases Shares of 823,441 Tile Shop Hldgs, Inc. $TTSH

Nomura Holdings Inc. acquired a new position in Tile Shop Hldgs, Inc. (NASDAQ:TTSH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 823,441 shares of the company’s stock, valued at approximately $5,237,000. Nomura Holdings Inc. owned approximately 1.84% of Tile Shop Hldgs as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TTSH. Nuveen LLC purchased a new stake in Tile Shop Hldgs during the 1st quarter worth $160,000. American Century Companies Inc. lifted its stake in shares of Tile Shop Hldgs by 1.6% during the first quarter. American Century Companies Inc. now owns 302,476 shares of the company’s stock worth $1,960,000 after purchasing an additional 4,842 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Tile Shop Hldgs in the first quarter worth about $108,000. Strs Ohio purchased a new stake in shares of Tile Shop Hldgs in the first quarter worth about $232,000. Finally, Geode Capital Management LLC grew its stake in shares of Tile Shop Hldgs by 1.8% in the second quarter. Geode Capital Management LLC now owns 616,205 shares of the company’s stock valued at $3,919,000 after buying an additional 10,866 shares in the last quarter. Hedge funds and other institutional investors own 36.66% of the company’s stock.

Tile Shop Hldgs Stock Performance

Tile Shop Hldgs stock opened at $6.56 on Tuesday. Tile Shop Hldgs, Inc. has a 52 week low of $4.62 and a 52 week high of $7.75. The stock has a market cap of $293.33 million, a P/E ratio of -164.00 and a beta of 1.10. The stock has a 50 day moving average of $6.33 and a 200-day moving average of $6.35.

Tile Shop Hldgs (NASDAQ:TTSH) last issued its quarterly earnings results on Tuesday, November 4th. The company reported ($0.04) earnings per share (EPS) for the quarter. Tile Shop Hldgs had a negative return on equity of 1.36% and a negative net margin of 0.50%.The company had revenue of $83.06 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Tile Shop Hldgs in a research report on Monday, December 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Tile Shop Hldgs currently has an average rating of “Sell”.

About Tile Shop Hldgs

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.