StockNews.com Downgrades Lands’ End (NASDAQ:LE) to Buy

StockNews.com lowered shares of Lands’ End (NASDAQ:LE) from a strong-buy rating to a buy rating in a research report released on Wednesday morning.

Lands’ End Stock Performance

LE opened at $13.20 on Wednesday. The stock has a fifty day moving average of $14.50 and a 200-day moving average of $15.40. Lands’ End has a fifty-two week low of $7.64 and a fifty-two week high of $19.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45.

Institutional Trading of Lands’ End

A number of institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new position in shares of Lands’ End during the third quarter worth approximately $101,000. XTX Topco Ltd acquired a new stake in Lands’ End during the second quarter worth approximately $343,000. AQR Capital Management LLC bought a new position in Lands’ End during the 2nd quarter worth $353,000. Simplicity Wealth LLC increased its stake in Lands’ End by 2.5% during the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock worth $486,000 after acquiring an additional 700 shares during the period. Finally, Barclays PLC raised its holdings in Lands’ End by 82.3% in the 3rd quarter. Barclays PLC now owns 29,940 shares of the company’s stock valued at $517,000 after acquiring an additional 13,520 shares in the last quarter. Institutional investors own 37.46% of the company’s stock.

About Lands’ End

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.