Container Store Group Inc (TCS) Shares Bought by Deutsche Bank AG

Deutsche Bank AG grew its stake in shares of Container Store Group Inc (NYSE:TCS) by 280.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 193,292 shares of the specialty retailer’s stock after purchasing an additional 142,445 shares during the period. Deutsche Bank AG’s holdings in Container Store Group were worth $921,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. raised its position in Container Store Group by 3.4% in the fourth quarter. BlackRock Inc. now owns 1,081,615 shares of the specialty retailer’s stock worth $5,159,000 after purchasing an additional 35,407 shares in the last quarter. California Public Employees Retirement System raised its position in Container Store Group by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 707,755 shares of the specialty retailer’s stock worth $3,376,000 after purchasing an additional 8,161 shares in the last quarter. Acadian Asset Management LLC raised its position in Container Store Group by 22.9% in the fourth quarter. Acadian Asset Management LLC now owns 476,094 shares of the specialty retailer’s stock worth $2,272,000 after purchasing an additional 88,624 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Container Store Group by 34.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 416,941 shares of the specialty retailer’s stock worth $1,989,000 after purchasing an additional 106,691 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in Container Store Group by 176.6% in the third quarter. Renaissance Technologies LLC now owns 374,300 shares of the specialty retailer’s stock worth $4,155,000 after purchasing an additional 239,000 shares in the last quarter. 78.74% of the stock is owned by institutional investors and hedge funds.

TCS has been the subject of several recent research reports. ValuEngine raised shares of Container Store Group from a “sell” rating to a “hold” rating in a research report on Thursday, January 24th. Zacks Investment Research raised shares of Container Store Group from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th.

NYSE TCS opened at $8.16 on Thursday. The company has a market cap of $416.73 million, a PE ratio of 29.14 and a beta of 2.37. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.37 and a quick ratio of 0.52. Container Store Group Inc has a 1-year low of $4.21 and a 1-year high of $12.42.

Container Store Group (NYSE:TCS) last posted its quarterly earnings data on Tuesday, May 14th. The specialty retailer reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.03. The company had revenue of $253.20 million during the quarter, compared to analyst estimates of $243.20 million. Container Store Group had a net margin of 0.62% and a return on equity of 5.21%. The company’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $0.18 earnings per share. Equities analysts predict that Container Store Group Inc will post 0.4 earnings per share for the current year.

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Container Store Group Company Profile

The Container Store Group, Inc engages in the retailing of storage and organization products and solutions in the United States. The company operates in two segments, The Container Store and Elfa. Its retail stores provide various lifestyle products, including closets, collections, and hooks, as well as bath, kitchen, laundry, gift packaging, long-term storage, office, shelving, storage, trash, travel, and elfa branded products.

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Institutional Ownership by Quarter for Container Store Group (NYSE:TCS)

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