Jane Street Group LLC Sells 17,939 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Jane Street Group LLC lowered its position in shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 50.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,971 shares of the company’s stock after selling 17,939 shares during the period. Jane Street Group LLC’s holdings in Tile Shop were worth $118,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its position in Tile Shop by 30.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,398 shares of the company’s stock worth $93,000 after purchasing an additional 3,145 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Tile Shop by 15.2% during the second quarter. Bank of New York Mellon Corp now owns 86,960 shares of the company’s stock valued at $603,000 after buying an additional 11,456 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Tile Shop by 5.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,751 shares of the company’s stock worth $578,000 after buying an additional 4,849 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Tile Shop by 32.9% in the 2nd quarter. Renaissance Technologies LLC now owns 110,000 shares of the company’s stock valued at $762,000 after acquiring an additional 27,200 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Tile Shop by 167.7% during the 2nd quarter. American Century Companies Inc. now owns 216,325 shares of the company’s stock valued at $1,499,000 after acquiring an additional 135,507 shares during the period. 36.66% of the stock is currently owned by hedge funds and other institutional investors.

Tile Shop Stock Performance

Shares of Tile Shop stock opened at $6.72 on Wednesday. The company’s 50 day moving average price is $6.74 and its 200-day moving average price is $6.60. Tile Shop Holdings, Inc. has a 52-week low of $5.68 and a 52-week high of $7.50. The stock has a market capitalization of $300.11 million, a price-to-earnings ratio of 84.01 and a beta of 1.43.

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.