ClariVest Asset Management LLC continued to hold its position in Tailored Brands Inc (NASDAQ:TLRD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,854 shares of the company’s stock at the end of the second quarter. ClariVest Asset Management LLC’s holdings in Tailored Brands were worth $110,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Wedge Capital Management L L P NC increased its position in Tailored Brands by 16.8% in the second quarter. Wedge Capital Management L L P NC now owns 22,739 shares of the company’s stock valued at $254,000 after buying an additional 3,278 shares during the last quarter. Arizona State Retirement System increased its position in Tailored Brands by 0.8% in the second quarter. Arizona State Retirement System now owns 25,611 shares of the company’s stock valued at $286,000 after buying an additional 200 shares during the last quarter. Financial Engines Advisors L.L.C. increased its position in Tailored Brands by 192,760.0% in the second quarter. Financial Engines Advisors L.L.C. now owns 9,643 shares of the company’s stock valued at $108,000 after buying an additional 9,638 shares during the last quarter. Boston Partners increased its position in Tailored Brands by 1.8% in the second quarter. Boston Partners now owns 2,260,055 shares of the company’s stock valued at $25,222,000 after buying an additional 39,733 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in Tailored Brands by 17.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 341,759 shares of the company’s stock valued at $3,815,000 after buying an additional 51,318 shares during the last quarter.

Shares of Tailored Brands Inc (NASDAQ:TLRD) opened at 10.85 on Wednesday. The firm has a 50-day moving average of $11.55 and a 200 day moving average of $13.88. The stock has a market capitalization of $532.17 million and a price-to-earnings ratio of 21.03. Tailored Brands Inc has a 12-month low of $9.40 and a 12-month high of $28.76.

Tailored Brands (NASDAQ:TLRD) last posted its quarterly earnings results on Friday, June 9th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.08. The business had revenue of $782.90 million during the quarter, compared to the consensus estimate of $793.27 million. During the same quarter in the previous year, the business posted $0.29 earnings per share. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. Equities analysts forecast that Tailored Brands Inc will post $1.79 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Tuesday, September 12th will be given a $0.18 dividend. The ex-dividend date of this dividend is Monday, September 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.64%.

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Several research firms recently issued reports on TLRD. Zacks Investment Research downgraded Tailored Brands from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. FBR & Co reissued an “outperform” rating and issued a $16.00 target price on shares of Tailored Brands in a research report on Tuesday, July 11th. ValuEngine downgraded Tailored Brands from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Cowen and Company cut their target price on Tailored Brands from $23.00 to $12.00 and set a “market perform” rating on the stock in a research report on Friday, June 9th. Finally, TheStreet raised Tailored Brands from a “d+” rating to a “c-” rating in a research report on Wednesday, June 7th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Tailored Brands currently has a consensus rating of “Hold” and a consensus target price of $17.00.

In other Tailored Brands news, CFO Jack Calandra purchased 10,000 shares of Tailored Brands stock in a transaction dated Wednesday, June 21st. The shares were bought at an average cost of $9.50 per share, for a total transaction of $95,000.00. Following the transaction, the chief financial officer now owns 31,026 shares in the company, valued at approximately $294,747. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dinesh S. Lathi sold 3,200 shares of the firm’s stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $10.86, for a total transaction of $34,752.00. Following the completion of the transaction, the director now owns 22,757 shares in the company, valued at $247,141.02. The disclosure for this sale can be found here.

Tailored Brands Company Profile

Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.

Institutional Ownership by Quarter for Tailored Brands (NASDAQ:TLRD)

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