Lands’ End, Inc. $LE Shares Acquired by Towerview LLC

Towerview LLC raised its position in Lands’ End, Inc. (NASDAQ:LE) by 13.7% in the 2nd quarter, Holdings Channel reports. The firm owned 477,500 shares of the company’s stock after buying an additional 57,500 shares during the period. Lands’ End accounts for approximately 3.6% of Towerview LLC’s investment portfolio, making the stock its 6th biggest holding. Towerview LLC’s holdings in Lands’ End were worth $5,114,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Lands’ End in the first quarter worth about $623,000. Strs Ohio acquired a new position in shares of Lands’ End in the 1st quarter valued at approximately $403,000. American Century Companies Inc. increased its stake in Lands’ End by 9.5% during the 1st quarter. American Century Companies Inc. now owns 408,385 shares of the company’s stock worth $4,157,000 after purchasing an additional 35,449 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in Lands’ End by 5.9% during the 1st quarter. Gamco Investors INC. ET AL now owns 317,700 shares of the company’s stock worth $3,234,000 after purchasing an additional 17,700 shares in the last quarter. Finally, State of Wyoming raised its holdings in Lands’ End by 60.8% during the 1st quarter. State of Wyoming now owns 31,914 shares of the company’s stock worth $325,000 after buying an additional 12,067 shares during the period. 37.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on LE shares. Wall Street Zen raised shares of Lands’ End from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lands’ End in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Lands’ End presently has an average rating of “Hold”.

Lands’ End Stock Down 0.7%

Shares of LE opened at $15.90 on Friday. The firm has a market cap of $485.22 million, a P/E ratio of 88.34 and a beta of 2.46. The stock has a 50 day simple moving average of $15.20 and a two-hundred day simple moving average of $12.19. Lands’ End, Inc. has a 1 year low of $7.65 and a 1 year high of $17.46. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.62 and a quick ratio of 0.41.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Monday, January 13th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $318.63 million during the quarter. Lands’ End had a net margin of 0.46% and a return on equity of 5.32%. On average, analysts forecast that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

Lands’ End Company Profile

Lands’ End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.