Fund 1 Investments LLC Purchases 2,321,865 Shares of Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Fund 1 Investments LLC boosted its position in Tile Shop Holdings, Inc. (NASDAQ:TTSH - Free Report) by 26.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,227,208 shares of the company's stock after acquiring an additional 2,321,865 shares during the period. Tile Shop accounts for 6.7% of Fund 1 Investments LLC's portfolio, making the stock its 3rd largest position. Fund 1 Investments LLC owned 25.14% of Tile Shop worth $77,805,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Deutsche Bank AG bought a new stake in shares of Tile Shop in the 4th quarter valued at about $80,000. Price T Rowe Associates Inc. MD acquired a new position in Tile Shop during the fourth quarter valued at approximately $83,000. SG Americas Securities LLC acquired a new stake in Tile Shop in the fourth quarter worth $86,000. MetLife Investment Management LLC grew its holdings in shares of Tile Shop by 36.8% in the 4th quarter. MetLife Investment Management LLC now owns 14,601 shares of the company's stock valued at $101,000 after buying an additional 3,926 shares during the period. Finally, Purkiss Capital Advisors LLC acquired a new position in shares of Tile Shop in the 4th quarter valued at $103,000. Institutional investors own 36.66% of the company's stock.

Tile Shop Trading Down 3.8%

Shares of NASDAQ:TTSH traded down $0.24 during trading on Wednesday, hitting $6.02. 10,711 shares of the company's stock traded hands, compared to its average volume of 85,901. The company has a 50-day moving average price of $6.03 and a 200-day moving average price of $6.64. Tile Shop Holdings, Inc. has a 52 week low of $4.62 and a 52 week high of $7.75. The company has a market cap of $269.27 million, a price-to-earnings ratio of 75.26 and a beta of 1.11.

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

About Tile Shop

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.