Federated Hermes Inc. Has $1.43 Million Stake in Lands’ End, Inc. (NASDAQ:LE)

Federated Hermes Inc. trimmed its holdings in Lands’ End, Inc. (NASDAQ:LE – Get Rating) by 3.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 184,734 shares of the company’s stock after selling 7,540 shares during the period. Federated Hermes Inc. owned about 0.56% of Lands’ End worth $1,426,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. First Trust Advisors LP acquired a new position in Lands’ End in the third quarter valued at about $271,000. Frontier Capital Management Co. LLC boosted its position in shares of Lands’ End by 10.5% during the third quarter. Frontier Capital Management Co. LLC now owns 1,439,421 shares of the company’s stock worth $11,112,000 after buying an additional 136,820 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Lands’ End by 9.9% during the third quarter. Bank of New York Mellon Corp now owns 75,720 shares of the company’s stock worth $585,000 after buying an additional 6,822 shares during the period. Citadel Advisors LLC boosted its position in shares of Lands’ End by 54.1% during the third quarter. Citadel Advisors LLC now owns 67,178 shares of the company’s stock worth $519,000 after buying an additional 23,597 shares during the period. Finally, Gamco Investors INC. ET AL boosted its position in shares of Lands’ End by 14.7% during the third quarter. Gamco Investors INC. ET AL now owns 160,500 shares of the company’s stock worth $1,239,000 after buying an additional 20,600 shares during the period. 37.42% of the stock is owned by institutional investors and hedge funds.

Lands’ End Stock Performance

Shares of NASDAQ LE opened at $6.76 on Friday. The stock has a 50 day moving average price of $8.31 and a 200 day moving average price of $9.10. Lands’ End, Inc. has a 52 week low of $6.46 and a 52 week high of $21.12. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.35 and a current ratio of 1.92. The stock has a market capitalization of $223.08 million, a PE ratio of -96.56 and a beta of 2.83.

Analysts Set New Price Targets

Several research analysts have recently weighed in on LE shares. Telsey Advisory Group reduced their price objective on Lands’ End to $14.00 in a research report on Friday, December 2nd. StockNews.com cut Lands’ End from a “hold” rating to a “sell” rating in a research report on Friday, December 2nd. Craig Hallum reduced their price objective on Lands’ End to $9.00 in a research report on Friday, December 2nd. Finally, TheStreet cut Lands’ End from a “c” rating to a “d+” rating in a research report on Monday, December 5th.

Lands’ End Profile

(Get Rating)

Lands’ End, Inc is a multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. It operates through the following segments: US eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, Third Party, and Retail. The company was founded by Gary C. Comer in 1963 and is headquartered in Dodgeville, WI.