Jane Street Group LLC Trims Position in Lands’ End, Inc. (NASDAQ:LE)

Jane Street Group LLC lessened its holdings in shares of Lands’ End, Inc. (NASDAQ:LE) by 44.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,332 shares of the company’s stock after selling 12,364 shares during the quarter. Jane Street Group LLC’s holdings in Lands’ End were worth $265,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp increased its holdings in shares of Lands’ End by 0.9% during the 3rd quarter. State Street Corp now owns 294,053 shares of the company’s stock worth $5,078,000 after buying an additional 2,556 shares during the last quarter. Petrus Trust Company LTA increased its holdings in shares of Lands’ End by 33.9% during the 3rd quarter. Petrus Trust Company LTA now owns 38,100 shares of the company’s stock worth $658,000 after buying an additional 9,655 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Lands’ End by 3.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock worth $1,774,000 after buying an additional 3,288 shares during the last quarter. Empowered Funds LLC increased its holdings in Lands’ End by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 61,562 shares of the company’s stock valued at $1,063,000 after purchasing an additional 3,082 shares in the last quarter. Finally, Simplicity Wealth LLC increased its holdings in Lands’ End by 2.5% in the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock valued at $486,000 after purchasing an additional 700 shares in the last quarter. 37.46% of the stock is currently owned by institutional investors and hedge funds.

Lands’ End Stock Performance

Shares of LE opened at $12.86 on Friday. The company has a market capitalization of $397.76 million, a PE ratio of -19.48 and a beta of 2.75. Lands’ End, Inc. has a one year low of $7.64 and a one year 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. The company’s fifty day moving average price is $14.70 and its 200 day moving average price is $15.40.

Analyst Ratings Changes

Separately, StockNews.com upgraded Lands’ End from a “buy” rating to a “strong-buy” rating in a research note on Monday, December 9th.

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.