Tile Shop Holdings, Inc. (NASDAQ:TTSH) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN increased its stake in shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 34.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 15,622 shares of the company’s stock after acquiring an additional 3,975 shares during the period. Wells Fargo & Company MN’s holdings in Tile Shop were worth $108,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTSH. JPMorgan Chase & Co. raised its position in shares of Tile Shop by 86.9% in the 4th quarter. JPMorgan Chase & Co. now owns 101,948 shares of the company’s stock valued at $706,000 after purchasing an additional 47,390 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Tile Shop by 16.5% in the 4th quarter. Bank of New York Mellon Corp now owns 78,763 shares of the company’s stock valued at $546,000 after purchasing an additional 11,179 shares in the last quarter. Barclays PLC raised its position in shares of Tile Shop by 122.1% in the 3rd quarter. Barclays PLC now owns 52,039 shares of the company’s stock valued at $343,000 after purchasing an additional 28,608 shares in the last quarter. Purkiss Capital Advisors LLC acquired a new position in shares of Tile Shop in the 4th quarter valued at approximately $103,000. Finally, SG Americas Securities LLC acquired a new position in shares of Tile Shop in the 4th quarter valued at approximately $86,000. 36.66% of the stock is owned by institutional investors and hedge funds.

Tile Shop Stock Up 3.5%

Shares of TTSH opened at $6.28 on Monday. Tile Shop Holdings, Inc. has a 52-week low of $4.62 and a 52-week high of $7.75. The firm has a market cap of $280.90 million, a price-to-earnings ratio of 78.51 and a beta of 1.11. The business’s 50 day moving average is $6.06 and its two-hundred day moving average is $6.64.

Tile Shop (NASDAQ:TTSH) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($0.01) earnings per share 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 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.