On December 20, 2024, Fund 1 Investments, LLC (Trades, Portfolio) made a significant move by acquiring additional shares in Tile Shop Holdings Inc (TTSH, Financial). This transaction involved the addition of 666,226 shares at a price of $6.75 per share. As a result, the firm's total holdings in Tile Shop Holdings increased to 10,947,171 shares, representing a 0.42% increase in their position. Post-transaction, Tile Shop Holdings now constitutes 6.86% of the firm's portfolio, highlighting its strategic importance to Fund 1 Investments, LLC (Trades, Portfolio).
Transaction Details and Portfolio Impact
The recent acquisition by Fund 1 Investments, LLC (Trades, Portfolio) reflects a strategic decision to bolster its stake in Tile Shop Holdings Inc. The transaction price of $6.75 per share indicates a calculated investment in a company with a current market price of $6.77. This move has increased the firm's position in Tile Shop Holdings by 0.42%, bringing the total shares held to 10,947,171. This acquisition underscores the firm's confidence in the potential of Tile Shop Holdings, which now accounts for 6.86% of its portfolio.
Profile of Fund 1 Investments, LLC (Trades, Portfolio)
Fund 1 Investments, LLC (Trades, Portfolio) is an investment firm based in Rincon, Puerto Rico, with a total equity of $1.07 billion. The firm has a diversified portfolio with top sectors including Consumer Cyclical and Communication Services. Notable holdings in its portfolio include BJ's Restaurants Inc (BJRI, Financial), Citi Trends Inc (CTRN, Financial), Liberty Global Ltd (LBTYA, Financial), Tile Shop Holdings Inc (TTSH, Financial), and Tilly's Inc (TLYS, Financial). The firm's investment philosophy is not explicitly specified, but its diverse holdings suggest a strategic approach to value investing.
Overview of Tile Shop Holdings Inc
Tile Shop Holdings Inc, a specialty retailer based in the USA, went public on November 19, 2010. The company specializes in natural stone and man-made tiles, along with setting and maintenance materials and related accessories. With a market capitalization of $302.339 million, Tile Shop Holdings serves a diverse customer base, including consumers, contractors, designers, and home builders. The current stock price stands at $6.77, slightly above the recent transaction price.
Financial Metrics and Valuation
Tile Shop Holdings Inc has a Price-to-Earnings (PE) ratio of 83.58, indicating a high valuation relative to its earnings. The company's GF-Score is 75/100, suggesting likely average performance. The stock is considered modestly overvalued with a GF Value of $5.92, resulting in a Price to GF Value ratio of 1.14. Year-to-date, the stock has experienced a price change of -6.88%, reflecting some volatility in its market performance.
Performance and Growth Indicators
Tile Shop Holdings Inc's financial strength is reflected in its Balance Sheet Rank of 6/10 and Profitability Rank of 7/10. However, its Growth Rank is lower at 4/10, indicating challenges in growth. Over the past three years, the company has achieved revenue growth of 10.40%, EBITDA growth of 4.70%, and earnings growth of 24.20%, showcasing its potential for profitability despite growth challenges.
Market and Competitive Position
Operating in the Retail - Cyclical industry, Tile Shop Holdings Inc has an interest coverage of 10.88, indicating its ability to meet interest obligations. The company's Return on Equity (ROE) is 2.96%, and Return on Assets (ROA) is 1.11%, reflecting moderate efficiency in generating returns. The Altman Z score of 2.22 suggests a moderate risk of financial distress, while the Piotroski F-Score of 6 indicates a stable financial position.
Largest Shareholder Information
The largest shareholder of Tile Shop Holdings Inc is First Eagle Investment (Trades, Portfolio) Management, LLC. While the exact share percentage is not specified, this highlights the interest of significant institutional investors in the company, potentially influencing its strategic direction and market perception.
Transaction Analysis
The acquisition of additional shares in Tile Shop Holdings Inc by Fund 1 Investments, LLC (Trades, Portfolio) signifies a strategic reinforcement of its investment in the company. This transaction not only increases the firm's stake but also reflects confidence in the company's potential for future growth and profitability. As Tile Shop Holdings continues to navigate the competitive retail landscape, the support from institutional investors like Fund 1 Investments, LLC (Trades, Portfolio) could play a crucial role in its long-term success.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
