B. Riley Asset Management LLC bought a new stake in Tile Shop Holdings, Inc. (OTCMKTS:TTSH – Get Rating) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,501,143 shares of the company’s stock, valued at approximately $17,833,000. Tile Shop makes up 7.7% of B. Riley Asset Management LLC’s holdings, making the stock its biggest position.
A number of other large investors also recently modified their holdings of the business. Citigroup Inc. lifted its stake in shares of Tile Shop by 667.7% in the 3rd quarter. Citigroup Inc. now owns 5,374 shares of the company’s stock valued at $41,000 after purchasing an additional 4,674 shares during the last quarter. Barclays PLC lifted its stake in shares of Tile Shop by 74.3% in the 3rd quarter. Barclays PLC now owns 11,810 shares of the company’s stock valued at $90,000 after purchasing an additional 5,035 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Tile Shop in the 3rd quarter valued at $99,000. Lenox Wealth Advisors LLC acquired a new position in shares of Tile Shop in the 4th quarter valued at $107,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Tile Shop in the 3rd quarter valued at $109,000. Institutional investors own 55.17% of the company’s stock.
TTSH traded up $0.12 during mid-day trading on Friday, hitting $4.65. 291,852 shares of the stock were exchanged, compared to its average volume of 288,418. The firm’s fifty day moving average is $6.21 and its two-hundred day moving average is $6.81. Tile Shop Holdings, Inc. has a 1-year low of $4.39 and a 1-year high of $8.90. The company has a current ratio of 1.32, a quick ratio of 0.31 and a debt-to-equity ratio of 0.04. The company has a market cap of $242.27 million, a PE ratio of 17.35 and a beta of 1.44.
Tile Shop Profile (Get Rating)
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. It offers natural stone products, such as marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, including ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands.
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