Par Investment Partners Lp Acquired Stake in Tuesday Morning CorpDe

February 15, 2018 - By Vivian Park

 Par Investment Partners Lp Acquired Stake in Tuesday Morning CorpDe

Investors sentiment increased to 0.84 in 2017 Q3. Its up 0.29, from 0.55 in 2017Q2. It increased, as 13 investors sold Tuesday Morning Corporation shares while 19 reduced holdings. 11 funds opened positions while 16 raised stakes. 32.55 million shares or 9.27% less from 35.88 million shares in 2017Q2 were reported.

Boston has 0% invested in Tuesday Morning Corporation (NASDAQ:TUES) for 139,164 shares. Quinn Opportunity Prtn Ltd Liability Corporation holds 0.03% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES) for 64,859 shares. Goldman Sachs Group Inc reported 57,862 shares stake. State Street holds 44,306 shares. Commonwealth Equity Serv Incorporated invested 0% in Tuesday Morning Corporation (NASDAQ:TUES). Vanguard Group, a Pennsylvania-based fund reported 1.80 million shares. Jpmorgan Chase owns 36,019 shares for 0% of their portfolio. Geode Cap Management Limited accumulated 0% or 272,023 shares. Price T Rowe Assoc Md has invested 0% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES). Northern Trust Corp has 159,962 shares for 0% of their portfolio. Federated Pa reported 4,983 shares. Paragon Assocs Paragon Assocs Ii Joint Venture invested in 163,709 shares or 0.45% of the stock. Awm accumulated 650,100 shares. Blackrock Inc, a New York-based fund reported 844,022 shares. Parametric Associates Ltd Llc invested in 0% or 178,865 shares.

Since August 28, 2017, it had 0 insider purchases, and 2 selling transactions for $4,078 activity.

The New Par Investment Partners Lp Holding in Tuesday Morning CorpDe

Par Investment Partners Lp reported SC 13G/A form with the SEC for Tuesday Morning CorpDe. Access it here: 000119312518045305. As reported by Par Investment Partners Lp, the filler owns 9.7% or 4,468,600 shares of the Consumer Discretionary–company.

Tuesday Morning CorpDe stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Par Investment Partners Lp’s positive view for Tuesday Morning CorpDe.

Tuesday Morning CorpDe Institutional Sentiment

Filings show 112 investors own Tuesday Morning CorpDe. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 5125690. 46510287 were owned by these investors. 14 funds opened new Tuesday Morning CorpDe stakes, 46 increased positions. There were 39 that closed positions and 36 reduced them.

Thomas E. Claugus Gmt Capital Corp is an investor bullish on Tuesday Morning CorpDe, owning 2123717 shares as of Q3 2015 for 0.43% of its portfolio. Elk Creek Partners Llc owns 1534528 shares or 0.67% of its portfolio. GA Concourse Capital Management Llc have 0.06% of its portfolio for 21193 shares. Further, Grace & White Inc reported stake worth 0.64% of its portfolio. The CA True Bearing Asset Management Lp owns 214993 shares. Tuesday Morning CorpDe is 1.97% of its portfolio.

Business Profile

Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods. The Company offers branded merchandise, such as Peacock Alley, Sferra, Lenox, Waterford and Hartmann. In addition to branded goods, it also carries home furnishings items made around the world. The Company’s stores operate in both primary and secondary locations of the suburban markets, such as strip malls, near its middle and upper-income customers. The Company utilizes distribution center facilities in Dallas, Texas and Phoenix, Arizona.

SEC Form 13G.

The stock increased 1.67% or $0.05 during the last trading session, reaching $3.05. About 38,916 shares traded. Tuesday Morning Corporation (NASDAQ:TUES) has declined 67.64% since February 15, 2017 and is downtrending. It has underperformed by 84.34% the S&P500.

Tuesday Morning Corporation operates as a retailer of upscale decorative home accessories, housewares, seasonal goods, and gifts in the United States. The company has market cap of $140.05 million. The firm offers various products, such as home textiles, home furnishings, housewares, and seasonal décor. It currently has negative earnings. It operates approximately 720 stores in 40 states.

Tuesday Morning Corporation (NASDAQ:TUES) Ratings Coverage

Among 4 analysts covering Tuesday Morning (NASDAQ:TUES), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Tuesday Morning has $11 highest and $2.4 lowest target. $6.73’s average target is 120.66% above currents $3.05 stock price. Tuesday Morning had 8 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by Stifel Nicolaus to “Buy” on Monday, August 24. The firm has “Hold” rating by Zacks given on Friday, August 21. The rating was maintained by B. Riley & Co with “Neutral” on Friday, August 25. Johnson Rice downgraded the stock to “Hold” rating in Wednesday, January 18 report. The firm earned “Buy” rating on Monday, May 2 by Stifel Nicolaus. B. Riley & Co initiated Tuesday Morning Corporation (NASDAQ:TUES) on Tuesday, January 26 with “Neutral” rating. The firm earned “Buy” rating on Wednesday, August 26 by Zacks.

More recent Tuesday Morning Corporation (NASDAQ:TUES) news were published by: Globenewswire.com which released: “Tuesday Morning Corporation Announces Reporting Date for Second Quarter Fiscal …” on January 18, 2018. Also Seekingalpha.com published the news titled: “Tuesday Morning’s (TUES) CEO Steven Becker on Q2 2018 Results – Earnings Call …” on February 01, 2018. Globenewswire.com‘s news article titled: “Tuesday Morning Corporation Announces Second Quarter Fiscal 2018 Results” with publication date: February 01, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.