OneDigital Investment Advisors LLC Has $111,000 Stake in The Container Store Group, Inc. (NYSE:TCS)

OneDigital Investment Advisors LLC reduced its holdings in shares of The Container Store Group, Inc. (NYSE:TCS) by 93.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,000 shares of the specialty retailer’s stock after selling 168,000 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in The Container Store Group were worth $111,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC grew its stake in The Container Store Group by 21.0% in the 2nd quarter. Renaissance Technologies LLC now owns 88,200 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 15,300 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of The Container Store Group during the second quarter worth approximately $165,000. Zazove Associates LLC grew its position in shares of The Container Store Group by 72.6% in the first quarter. Zazove Associates LLC now owns 470,410 shares of the specialty retailer’s stock valued at $536,000 after purchasing an additional 197,831 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of The Container Store Group during the first quarter worth approximately $490,000. 67.11% of the stock is owned by institutional investors and hedge funds.

The Container Store Group Stock Performance

NYSE:TCS opened at $3.97 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.57 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $13.70 million, a price-to-earnings ratio of -0.13 and a beta of 1.08. The Container Store Group, Inc. has a 52 week low of $3.50 and a 52 week high of $37.80. The business’s 50-day simple moving average is $8.69.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded The Container Store Group from a “hold” rating to a “sell” rating in a research note on Thursday, October 31st.

The Container Store Group Company Profile

The Container Store Group, Inc operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop, cosmetic and jewelry, shower and bathtub, drawer organizers, and cabinet storage products; closets that includes shoe storage, hangers, drawer organizers, boxes and bins, hanging storage bags, garment racks, jewelry storage, and bedding.