Tile Shop Holdings, Inc. (NASDAQ:TTS) was the recipient of unusually large options trading on Monday. Stock traders bought 810 call options on the stock. This is an increase of 853% compared to the typical volume of 85 call options.

Several research analysts recently weighed in on TTS shares. BidaskClub upgraded Tile Shop from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. TheStreet downgraded Tile Shop from a “b-” rating to a “c” rating in a research note on Wednesday, October 11th. Zacks Investment Research upgraded Tile Shop from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. Stifel Nicolaus dropped their target price on Tile Shop from $15.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 4th. Finally, Loop Capital restated a “hold” rating and set a $12.00 target price (down from $15.00) on shares of Tile Shop in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $8.92.

Tile Shop (NASDAQ TTS) opened at $9.10 on Thursday. Tile Shop has a one year low of $8.08 and a one year high of $22.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.39 and a current ratio of 1.55. The firm has a market capitalization of $469.42, a price-to-earnings ratio of 20.93, a P/E/G ratio of 0.88 and a beta of 1.73.

Tile Shop (NASDAQ:TTS) last announced its earnings results on Tuesday, October 17th. The company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.01. Tile Shop had a return on equity of 15.40% and a net margin of 5.38%. The firm had revenue of $84.40 million for the quarter, compared to the consensus estimate of $84.05 million. During the same period in the previous year, the business earned $0.10 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. analysts predict that Tile Shop will post 0.41 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Tuesday, October 31st were paid a dividend of $0.05 per share. The ex-dividend date was Monday, October 30th. This represents a $0.20 annualized dividend and a yield of 2.20%. Tile Shop’s payout ratio is presently 55.56%.

In related news, Director Peter J. Jacullo III purchased 187,828 shares of Tile Shop stock in a transaction dated Thursday, December 7th. The stock was purchased at an average cost of $8.48 per share, with a total value of $1,592,781.44. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Kirk Geadelmann purchased 5,000 shares of Tile Shop stock in a transaction dated Friday, October 20th. The stock was bought at an average cost of $8.75 per share, with a total value of $43,750.00. The disclosure for this purchase can be found here. Over the last three months, insiders bought 318,795 shares of company stock valued at $2,704,188. Corporate insiders own 24.30% of the company’s stock.

A number of institutional investors have recently bought and sold shares of TTS. Bank of Montreal Can grew its stake in Tile Shop by 7.7% during the 2nd quarter. Bank of Montreal Can now owns 5,814 shares of the company’s stock valued at $120,000 after purchasing an additional 416 shares during the last quarter. HL Financial Services LLC purchased a new stake in Tile Shop during the 3rd quarter valued at about $130,000. Crossmark Global Holdings Inc. purchased a new stake in Tile Shop during the 3rd quarter valued at about $144,000. Yorktown Management & Research Co Inc purchased a new stake in Tile Shop during the 3rd quarter valued at about $145,000. Finally, Municipal Employees Retirement System of Michigan grew its stake in Tile Shop by 3.5% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,780 shares of the company’s stock valued at $161,000 after purchasing an additional 260 shares during the last quarter. Institutional investors and hedge funds own 66.79% of the company’s stock.

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About Tile Shop

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. 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.

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