Barclays PLC lowered its position in shares of The Container Store Group, Inc. (NYSE:TCS – Free Report) by 93.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,408 shares of the specialty retailer’s stock after selling 61,725 shares during the quarter. Barclays PLC owned 0.13% of The Container Store Group worth $41,000 as of its most recent SEC filing.
Separately, Renaissance Technologies LLC lifted its stake in The Container Store Group by 21.0% in the second quarter. Renaissance Technologies LLC now owns 88,200 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 15,300 shares in the last quarter. 67.11% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of The Container Store Group in a report on Saturday, January 4th. They set a “hold” rating for the company.
The Container Store Group Price Performance
Shares of NYSE TCS opened at $0.26 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.57 and a debt-to-equity ratio of 1.73. The firm has a fifty day moving average price of $2.63. The Container Store Group, Inc. has a one year low of $1.79 and a one year high of $37.80. The firm has a market cap of $897,260.00, a price-to-earnings ratio of -0.01 and a beta of 1.01.
The Container Store Group Company Profile
The Container Store Group, Inc operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop, cosmetic and jewelry, shower and bathtub, drawer organizers, and cabinet storage products; closets that includes shoe storage, hangers, drawer organizers, boxes and bins, hanging storage bags, garment racks, jewelry storage, and bedding.
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