Penserra Capital Management LLC boosted its position in shares of Lands’ End, Inc. (NASDAQ:LE) by 327.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,086 shares of the company’s stock after buying an additional 58,267 shares during the period. Penserra Capital Management LLC owned approximately 0.24% of Lands’ End worth $1,133,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Janus Capital Management LLC raised its position in shares of Lands’ End by 0.9% in the first quarter. Janus Capital Management LLC now owns 3,796,295 shares of the company’s stock valued at $81,431,000 after buying an additional 33,925 shares during the period. Vanguard Group Inc. raised its position in shares of Lands’ End by 4.4% in the first quarter. Vanguard Group Inc. now owns 1,138,476 shares of the company’s stock valued at $24,421,000 after buying an additional 47,488 shares during the period. State Street Corp raised its position in shares of Lands’ End by 4.1% in the fourth quarter. State Street Corp now owns 283,599 shares of the company’s stock valued at $4,298,000 after buying an additional 11,123 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Lands’ End by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 135,810 shares of the company’s stock valued at $2,058,000 after buying an additional 2,745 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Lands’ End by 4.7% in the first quarter. Geode Capital Management LLC now owns 134,377 shares of the company’s stock valued at $2,882,000 after buying an additional 5,999 shares during the period. 62.58% of the stock is owned by hedge funds and other institutional investors.

Shares of Lands’ End, Inc. (LE) opened at 12.65 on Friday. Lands’ End, Inc. has a 12 month low of $11.75 and a 12 month high of $24.80. The stock’s 50 day moving average is $13.39 and its 200 day moving average is $17.45. The firm’s market cap is $405.17 million.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Tuesday, June 6th. The company reported ($0.24) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.25) by $0.01. Lands’ End had a negative return on equity of 0.07% and a negative net margin of 8.41%. The company had revenue of $268.37 million during the quarter, compared to the consensus estimate of $270.10 million. During the same period last year, the business earned ($0.18) EPS. The business’s quarterly revenue was down 1.9% on a year-over-year basis. On average, analysts anticipate that Lands’ End, Inc. will post $0.19 earnings per share for the current fiscal year.

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Several research analysts have weighed in on LE shares. TheStreet lowered shares of Lands’ End from a “c-” rating to a “d+” rating in a research note on Thursday, June 8th. ValuEngine raised shares of Lands’ End from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of Lands’ End from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Craig Hallum set a $15.00 target price on shares of Lands’ End and gave the stock a “hold” rating in a research note on Wednesday, June 21st. Finally, BidaskClub raised shares of Lands’ End from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $15.00.

In other news, CEO Jerome Griffith purchased 10,000 shares of the business’s stock in a transaction dated Tuesday, June 13th. The stock was bought at an average cost of $16.25 per share, with a total value of $162,500.00. Following the purchase, the chief executive officer now directly owns 61,717 shares of the company’s stock, valued at $1,002,901.25. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Edward S. Lampert purchased 1,221,300 shares of the business’s stock in a transaction dated Wednesday, July 26th. The shares were purchased at an average cost of $13.35 per share, with a total value of $16,304,355.00. The disclosure for this purchase can be found here. Insiders have bought a total of 2,334,331 shares of company stock valued at $30,981,963 over the last ninety days. Company insiders own 0.51% of the company’s stock.

Lands’ End Company Profile

Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.

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Institutional Ownership by Quarter for Lands` End (NASDAQ:LE)

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