New York: Tile Shop Holdings (NASDAQ:TTS) Stock Has Just Had Its Neutral Rating Reiterated by Citigroup. Shares now Have a $10 Target

July 20, 2018 - By Mary Markley

Tile Shop Holdings, Inc. (NASDAQ:TTS) Logo

Investors sentiment decreased to 1.11 in 2018 Q1. Its down 0.32, from 1.43 in 2017Q4. It is negative, as 28 investors sold Tile Shop Holdings, Inc. shares while 33 reduced holdings. 28 funds opened positions while 40 raised stakes. 32.08 million shares or 3.55% less from 33.26 million shares in 2017Q4 were reported.

Tocqueville Asset L P stated it has 0.01% of its portfolio in Tile Shop Holdings, Inc. (NASDAQ:TTS). 231,067 were reported by Pdts Prtn Limited Liability Corporation. Peak6 Investments L P holds 0% of its portfolio in Tile Shop Holdings, Inc. (NASDAQ:TTS) for 5,556 shares. Shufro Rose And accumulated 478,200 shares or 0.28% of the stock. Ls Investment Advsr Limited Co holds 1,229 shares or 0% of its portfolio. Cubist Systematic Strategies Limited Co accumulated 934 shares or 0% of the stock. Fort Washington Inv Advsrs Oh stated it has 995,300 shares. Strs Ohio has 0% invested in Tile Shop Holdings, Inc. (NASDAQ:TTS) for 36,800 shares. Citigroup reported 81 shares. Lpl Fincl Ltd Liability Corp reported 11,550 shares stake. Elk Creek Ptnrs Lc stated it has 0.3% of its portfolio in Tile Shop Holdings, Inc. (NASDAQ:TTS). Adams Asset Advsrs Ltd Llc has 0.17% invested in Tile Shop Holdings, Inc. (NASDAQ:TTS) for 204,999 shares. State Of Alaska Department Of Revenue holds 11,115 shares or 0% of its portfolio. Royal Natl Bank Of Canada has invested 0% in Tile Shop Holdings, Inc. (NASDAQ:TTS). Millennium Ltd Com, New York-based fund reported 699,496 shares.

Since February 22, 2018, it had 7 buys, and 0 sales for $5.06 million activity. JACULLO PETER J III also bought $58,450 worth of Tile Shop Holdings, Inc. (NASDAQ:TTS) on Friday, March 2. On Thursday, February 22 KAMIN PETER H bought $1.32 million worth of Tile Shop Holdings, Inc. (NASDAQ:TTS) or 240,000 shares. 40,000 Tile Shop Holdings, Inc. (NASDAQ:TTS) shares with value of $224,000 were bought by Cook Christopher Thomas.

Tile Shop Holdings (NASDAQ:TTS) Rating Reaffirmed

New York: In an analyst report revealed on 20 July, Citigroup kept their Neutral rating on Tile Shop Holdings (NASDAQ:TTS) shares. They now have a $10 target on the firm. Citigroup’s target would suggest a potential upside of 13.64 % from the company’s close price.

Tile Shop Holdings, Inc. (NASDAQ:TTS) Ratings Coverage

Among 4 analysts covering Tile Shop Holdings (NASDAQ:TTS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Tile Shop Holdings has $7.4 highest and $600 lowest target. $6.60’s average target is -25.00% below currents $8.8 stock price. Tile Shop Holdings had 6 analyst reports since February 22, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, February 22 by Robert W. Baird. Piper Jaffray maintained Tile Shop Holdings, Inc. (NASDAQ:TTS) on Thursday, April 19 with “Hold” rating. The company was maintained on Thursday, April 19 by Stifel Nicolaus. Stifel Nicolaus maintained Tile Shop Holdings, Inc. (NASDAQ:TTS) on Thursday, February 22 with “Hold” rating. The rating was maintained by Citigroup on Thursday, February 22 with “Neutral”. On Tuesday, May 1 the stock rating was maintained by Citigroup with “Neutral”.

The stock decreased 5.38% or $0.5 during the last trading session, reaching $8.8. About 1.08M shares traded or 53.41% up from the average. Tile Shop Holdings, Inc. (NASDAQ:TTS) has declined 63.79% since July 20, 2017 and is downtrending. It has underperformed by 76.36% the S&P500.

Tile Shop Holdings, Inc. operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The company has market cap of $461.88 million. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names. It has a 66.67 P/E ratio. The firm also makes setting and maintenance materials, such as thinset, grout, and sealers under the Superior brand name.

More notable recent Tile Shop Holdings, Inc. (NASDAQ:TTS) news were published by: Fool.com which released: “3 Stocks That Could Make Big Moves on Earnings This Month” on July 12, 2018, also Globenewswire.com with their article: “The Tile Shop to Host Second Quarter 2018 Earnings Conference Call” published on July 05, 2018, Streetinsider.com published: “Pre-Open Stock Movers 07/19: (TTS) (DWCH) (NDLS) Higher; (MRSN) (EBAY) (RPM) Lower (more…)” on July 19, 2018. More interesting news about Tile Shop Holdings, Inc. (NASDAQ:TTS) were released by: Nasdaq.com and their article: “Why Comcast, Tile Shop Holdings, and Chart Industries Jumped Today” published on July 19, 2018 as well as Benzinga.com‘s news article titled: “26 Stocks Moving In Thursday’s Pre-Market Session” with publication date: July 19, 2018.

Tile Shop Holdings, Inc. (NASDAQ:TTS) Institutional Positions Chart

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