Purkiss Capital Advisors LLC Takes $103,000 Position in Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Purkiss Capital Advisors LLC acquired a new position in Tile Shop Holdings, Inc. (NASDAQ:TTSH) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 14,878 shares of the company’s stock, valued at approximately $103,000.

Other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of Tile Shop by 16.5% in the fourth quarter. Bank of New York Mellon Corp now owns 78,763 shares of the company’s stock worth $546,000 after buying an additional 11,179 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Tile Shop in the 4th quarter valued at approximately $86,000. JPMorgan Chase & Co. raised its stake in shares of Tile Shop by 155.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 54,558 shares of the company’s stock valued at $360,000 after acquiring an additional 33,171 shares in the last quarter. Barclays PLC lifted its holdings in Tile Shop by 122.1% in the 3rd quarter. Barclays PLC now owns 52,039 shares of the company’s stock worth $343,000 after purchasing an additional 28,608 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Tile Shop by 0.3% during the third quarter. Geode Capital Management LLC now owns 616,320 shares of the company’s stock valued at $4,062,000 after purchasing an additional 1,957 shares during the last quarter. 36.66% of the stock is currently owned by institutional investors.

Tile Shop Stock Up 1.6 %

NASDAQ:TTSH opened at $7.57 on Friday. The company’s 50 day moving average is $7.17 and its 200-day moving average is $6.73. Tile Shop Holdings, Inc. has a 12 month low of $5.68 and a 12 month high of $7.75. The firm has a market cap of $338.07 million, a price-to-earnings ratio of 94.64 and a beta of 1.43.

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

About Tile Shop

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.