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

First Eagle Investment Management LLC cut its holdings in shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 313,172 shares of the company’s stock after selling 32,812 shares during the period. First Eagle Investment Management LLC owned 0.70% of Tile Shop worth $2,170,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in Tile Shop by 155.1% in the third quarter. JPMorgan Chase & Co. now owns 54,558 shares of the company’s stock valued at $360,000 after buying an additional 33,171 shares during the period. Barclays PLC boosted its holdings in shares of Tile Shop by 122.1% in the third quarter. Barclays PLC now owns 52,039 shares of the company’s stock valued at $343,000 after buying an additional 28,608 shares during the period. Purkiss Capital Advisors LLC bought a new stake in shares of Tile Shop during the fourth quarter worth $103,000. SG Americas Securities LLC acquired a new stake in shares of Tile Shop during the fourth quarter worth $86,000. Finally, Bank of New York Mellon Corp lifted its position 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 acquiring an additional 11,179 shares in the last quarter. 36.66% of the stock is currently owned by institutional investors and hedge funds.

Tile Shop Trading Up 1.5 %

TTSH stock opened at $6.04 on Monday. The stock has a 50-day moving average price of $7.14 and a two-hundred day moving average price of $6.78. Tile Shop Holdings, Inc. has a 1 year low of $5.68 and a 1 year high of $7.75. The stock has a market cap of $269.73 million, a PE ratio of 75.51 and a beta of 1.45.

Tile Shop (NASDAQ:TTSH) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $79.45 million for 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.