SG Americas Securities LLC Buys Shares of 10,676 Tilly’s, Inc. (NYSE:TLYS)

SG Americas Securities LLC bought a new stake in Tilly’s, Inc. (NYSE:TLYSGet Rating) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,676 shares of the specialty retailer’s stock, valued at approximately $75,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. lifted its stake in shares of Tilly’s by 41.3% in the second quarter. Russell Investments Group Ltd. now owns 21,682 shares of the specialty retailer’s stock worth $150,000 after buying an additional 6,332 shares during the last quarter. Dupont Capital Management Corp acquired a new stake in shares of Tilly’s in the second quarter worth $123,000. Exchange Traded Concepts LLC lifted its stake in shares of Tilly’s by 8.4% in the second quarter. Exchange Traded Concepts LLC now owns 58,383 shares of the specialty retailer’s stock worth $410,000 after buying an additional 4,517 shares during the last quarter. Weaver Consulting Group acquired a new stake in shares of Tilly’s in the second quarter worth $86,000. Finally, Amalgamated Bank acquired a new stake in shares of Tilly’s in the first quarter worth $26,000. 60.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Tilly’s

In other news, Director Janet Kerr sold 6,369 shares of the company’s stock in a transaction dated Friday, September 30th. The shares were sold at an average price of $6.92, for a total value of $44,073.48. Following the sale, the director now owns 28,045 shares of the company’s stock, valued at approximately $194,071.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Tilly’s news, insider Hezy Shaked bought 41,000 shares of the stock in a transaction that occurred on Tuesday, September 13th. The stock was acquired at an average cost of $6.96 per share, with a total value of $285,360.00. Following the purchase, the insider now owns 101,000 shares in the company, valued at $702,960. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Janet Kerr sold 6,369 shares of the stock in a transaction that occurred on Friday, September 30th. The stock was sold at an average price of $6.92, for a total value of $44,073.48. Following the sale, the director now directly owns 28,045 shares of the company’s stock, valued at $194,071.40. The disclosure for this sale can be found here. In the last quarter, insiders have bought 44,200 shares of company stock valued at $307,291. 26.71% of the stock is owned by insiders.

Tilly’s Price Performance

Shares of Tilly’s stock opened at $9.05 on Friday. The firm has a market capitalization of $272.50 million, a PE ratio of 7.54 and a beta of 1.86. The company’s fifty day moving average price is $7.99 and its two-hundred day moving average price is $7.91. Tilly’s, Inc. has a 52-week low of $6.65 and a 52-week high of $17.80.

Tilly’s (NYSE:TLYSGet Rating) last announced its quarterly earnings results on Thursday, September 1st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). The business had revenue of $168.31 million during the quarter, compared to the consensus estimate of $170.78 million. Tilly’s had a net margin of 5.18% and a return on equity of 21.23%. During the same period last year, the firm earned $0.66 EPS. Analysts predict that Tilly’s, Inc. will post 0.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TLYS has been the topic of a number of research reports. StockNews.com initiated coverage on shares of Tilly’s in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Seaport Res Ptn lowered shares of Tilly’s from a “buy” rating to a “neutral” rating in a research report on Friday, September 2nd. Roth Capital dropped their target price on shares of Tilly’s from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, September 2nd. Finally, B. Riley dropped their target price on shares of Tilly’s from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, September 6th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $9.50.

Tilly’s Profile

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Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others, as well as hardgoods consists of skateboards, longboards, bikes, roller-skates, and equipment for snowboarding and surfing.

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Institutional Ownership by Quarter for Tilly's (NYSE:TLYS)

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