Bank of New York Mellon Corp Purchases 11,179 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Bank of New York Mellon Corp lifted its position in Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 16.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,763 shares of the company’s stock after purchasing an additional 11,179 shares during the quarter. Bank of New York Mellon Corp owned 0.18% of Tile Shop worth $546,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted 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 worth $360,000 after acquiring an additional 33,171 shares during the last quarter. Barclays PLC raised its position 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 period. SG Americas Securities LLC bought a new stake in Tile Shop in the fourth quarter worth $86,000. Charles Schwab Investment Management Inc. lifted its stake in 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 purchasing an additional 4,849 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position 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 buying an additional 1,957 shares during the period. 36.66% of the stock is currently owned by institutional investors.

Tile Shop Trading Up 0.6 %

TTSH opened at $6.55 on Friday. Tile Shop Holdings, Inc. has a 12 month low of $5.68 and a 12 month high of $7.75. The business’s 50-day moving average price is $7.08 and its 200-day moving average price is $6.80. The company has a market cap of $292.51 million, a P/E ratio of 81.89 and a beta of 1.45.

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

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.