First Eagle Investment Management LLC Sells 32,812 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH)

First Eagle Investment Management LLC decreased its stake in shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 313,172 shares of the company’s stock after selling 32,812 shares during the quarter. First Eagle Investment Management LLC’s holdings in Tile Shop were worth $2,170,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in Tile Shop during the fourth quarter worth $86,000. Purkiss Capital Advisors LLC bought a new position in shares of Tile Shop in the 4th quarter valued at about $103,000. Barclays PLC increased its stake in shares of Tile Shop by 122.1% during 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. JPMorgan Chase & Co. raised its holdings 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 purchasing an additional 33,171 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in 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 during the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

Tile Shop Stock Up 1.5 %

Shares of NASDAQ TTSH opened at $6.04 on Monday. The business’s 50 day moving average price is $7.14 and its two-hundred day moving average price is $6.78. The company has a market cap of $269.73 million, a PE ratio of 75.51 and a beta of 1.45. Tile Shop Holdings, Inc. has a twelve month low of $5.68 and a twelve month high of $7.75.

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

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.