TIAA CREF Investment Management LLC cut its position in Lands’ End, Inc. (NASDAQ:LE) by 7.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,738 shares of the company’s stock after selling 4,290 shares during the period. TIAA CREF Investment Management LLC owned 0.17% of Lands’ End worth $830,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Penserra Capital Management LLC lifted its holdings in Lands’ End by 327.0% in the second quarter. Penserra Capital Management LLC now owns 76,086 shares of the company’s stock valued at $1,133,000 after buying an additional 58,267 shares during the period. Vanguard Group Inc. lifted its holdings in 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. Morgan Stanley lifted its holdings in Lands’ End by 82.8% in the first quarter. Morgan Stanley now owns 93,316 shares of the company’s stock valued at $2,002,000 after buying an additional 42,268 shares during the period. Credit Suisse AG lifted its holdings in Lands’ End by 84.7% in the first quarter. Credit Suisse AG now owns 31,995 shares of the company’s stock valued at $686,000 after buying an additional 14,677 shares during the period. Finally, California Public Employees Retirement System lifted its holdings in Lands’ End by 14.9% in the first quarter. California Public Employees Retirement System now owns 111,827 shares of the company’s stock valued at $2,399,000 after buying an additional 14,500 shares during the period. Institutional investors own 62.34% of the company’s stock.

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In other news, major shareholder Edward S. Lampert purchased 149,844 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was purchased at an average price of C$10.81 per share, for a total transaction of C$1,619,813.64. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Edward S. Lampert purchased 18,403 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was purchased at an average price of C$10.83 per share, with a total value of C$199,304.49. The disclosure for this purchase can be found here. Insiders have purchased 1,222,536 shares of company stock valued at $14,841,049 in the last 90 days. 0.51% of the stock is currently owned by corporate insiders.

Shares of Lands’ End, Inc. (NASDAQ:LE) opened at C$12.95 on Monday. The company has a current ratio of 2.29, a quick ratio of 0.90 and a debt-to-equity ratio of 1.86. Lands’ End, Inc. has a 12-month low of C$10.55 and a 12-month high of C$24.80.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings data on Thursday, August 31st. The company reported C($0.12) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C($0.12). Lands’ End had a negative net margin of 8.48% and a negative return on equity of 0.73%. The company had revenue of C$302.19 million during the quarter, compared to the consensus estimate of C$292.59 million. During the same quarter in the prior year, the firm earned ($0.06) earnings per share. The firm’s revenue was up 3.5% compared to the same quarter last year. analysts forecast that Lands’ End, Inc. will post 0.04 earnings per share for the current fiscal year.

Several equities analysts recently weighed in on the stock. BidaskClub upgraded shares of Lands’ End from a “strong sell” rating to a “sell” rating in a report on Thursday, August 31st. Zacks Investment Research raised shares of Lands’ End from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of C$14.00.

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.

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

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