Lands’ End, Inc. (NASDAQ:LE) Stock Position Trimmed by Towerview LLC

Towerview LLC trimmed its position in Lands’ End, Inc. (NASDAQ:LE) by 10.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 327,500 shares of the company’s stock after selling 40,000 shares during the quarter. Lands’ End accounts for approximately 3.1% of Towerview LLC’s portfolio, making the stock its 7th largest holding. Towerview LLC’s holdings in Lands’ End were worth $4,303,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of LE. Barclays PLC raised its holdings in shares of Lands’ End by 82.3% in the 3rd quarter. Barclays PLC now owns 29,940 shares of the company’s stock worth $517,000 after purchasing an additional 13,520 shares during the period. Petrus Trust Company LTA raised its holdings in shares of Lands’ End by 33.9% in the 3rd quarter. Petrus Trust Company LTA now owns 38,100 shares of the company’s stock worth $658,000 after purchasing an additional 9,655 shares during the period. Empowered Funds LLC raised its holdings in shares of Lands’ End by 5.1% in the 4th quarter. Empowered Funds LLC now owns 64,714 shares of the company’s stock worth $850,000 after purchasing an additional 3,152 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Lands’ End by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock worth $1,774,000 after purchasing an additional 3,288 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Lands’ End by 48.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 211,916 shares of the company’s stock worth $3,660,000 after purchasing an additional 69,099 shares during the period. 37.46% of the stock is currently owned by hedge funds and other institutional investors.

Lands’ End Price Performance

LE stock opened at $11.61 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74. Lands’ End, Inc. has a 1 year low of $7.64 and a 1 year high of $19.88. The firm has a market cap of $359.10 million, a P/E ratio of -17.59 and a beta of 2.71. The stock has a 50-day simple moving average of $12.63 and a 200-day simple moving average of $14.66.

Lands’ End (NASDAQ:LE) last posted its earnings results on Thursday, December 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. Lands’ End had a positive return on equity of 1.24% and a negative net margin of 1.46%. On average, equities analysts predict that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Lands’ End from a “strong-buy” rating to a “buy” rating in a report on Monday, February 17th.

Lands’ End 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.