Tile Shop Hldgs, Inc. $TTSH Holdings Trimmed by Ritholtz Wealth Management

Ritholtz Wealth Management trimmed its position in shares of Tile Shop Hldgs, Inc. (NASDAQ:TTSH) by 32.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 41,391 shares of the company’s stock after selling 20,120 shares during the quarter. Ritholtz Wealth Management’s holdings in Tile Shop Hldgs were worth $263,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its position in Tile Shop Hldgs by 1.6% during the 1st 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. Strs Ohio acquired a new stake in shares of Tile Shop Hldgs during the 1st quarter valued at $232,000. Nuveen LLC acquired a new stake in shares of Tile Shop Hldgs during the 1st quarter valued at $160,000. Finally, Jane Street Group LLC acquired a new stake in shares of Tile Shop Hldgs during the 1st quarter valued at $108,000. 36.66% of the stock is currently owned by hedge funds and other institutional investors.

Tile Shop Hldgs Stock Down 0.3%

TTSH stock opened at $6.21 on Wednesday. Tile Shop Hldgs, Inc. has a 1 year low of $4.62 and a 1 year high of $7.75. The company has a fifty day simple moving average of $6.23 and a 200 day simple moving average of $6.20.

Tile Shop Hldgs (NASDAQ:TTSH) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.01 earnings per share (EPS) for the quarter. Tile Shop Hldgs had a negative net margin of 0.01% and a negative return on equity of 0.02%. The business had revenue of $88.26 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Tile Shop Hldgs in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Tile Shop Hldgs has a consensus rating of “Sell”.

Tile Shop Hldgs Company 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.