103,250 Shares in Lands’ End, Inc. (NASDAQ:LE) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Lands’ End, Inc. (NASDAQ:LE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 103,250 shares of the company’s stock, valued at approximately $1,357,000. Raymond James Financial Inc. owned 0.33% of Lands’ End 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 business. Wells Fargo & Company MN lifted its stake in Lands’ End by 18.4% in the 4th quarter. Wells Fargo & Company MN now owns 10,033 shares of the company’s stock valued at $132,000 after buying an additional 1,559 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Lands’ End by 0.6% in the third quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock valued at $5,432,000 after acquiring an additional 1,729 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Lands’ End by 5.1% in the fourth quarter. Empowered Funds LLC now owns 64,714 shares of the company’s stock worth $850,000 after acquiring an additional 3,152 shares during the last quarter. AlphaQuest LLC acquired a new stake in shares of Lands’ End in the fourth quarter worth approximately $101,000. Finally, Inceptionr LLC purchased a new stake in shares of Lands’ End during the fourth quarter worth approximately $150,000. 37.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Lands’ End from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 17th.

Lands’ End Trading Up 1.4 %

LE opened at $8.58 on Friday. The firm has a market capitalization of $264.96 million, a price-to-earnings ratio of -13.00 and a beta of 2.43. The company’s 50 day simple moving average is $9.98 and its two-hundred day simple moving average is $12.69. Lands’ End, Inc. has a 1-year low of $8.15 and a 1-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.

Lands’ End (NASDAQ:LE) last announced its quarterly earnings data on Thursday, March 20th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The company had revenue of $441.66 million for the quarter, compared to analysts’ expectations of $458.69 million. Lands’ End had a positive return on equity of 1.24% and a negative net margin of 1.46%. During the same quarter in the previous year, the business posted $0.25 EPS. Analysts expect that Lands’ End, Inc. will post 0.41 EPS for the current fiscal year.

Lands’ End Company 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.