Dimensional Fund Advisors LP Trims Stock Holdings in Lands’ End, Inc. (NASDAQ:LE)

Dimensional Fund Advisors LP lessened its stake in shares of Lands’ End, Inc. (NASDAQ:LE) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,171,606 shares of the company’s stock after selling 73,469 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.79% of Lands’ End worth $15,395,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its position in shares of Lands’ End by 14.5% in the fourth quarter. American Century Companies Inc. now owns 372,936 shares of the company’s stock valued at $4,900,000 after purchasing an additional 47,306 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Lands’ End by 62.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 246,636 shares of the company’s stock valued at $3,241,000 after acquiring an additional 95,073 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Lands’ End by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 258,010 shares of the company’s stock worth $3,390,000 after acquiring an additional 46,094 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Lands’ End in the fourth quarter worth approximately $1,357,000. Finally, ExodusPoint Capital Management LP purchased a new stake in Lands’ End in the fourth quarter valued at approximately $385,000. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Stock Performance

Lands’ End stock opened at $8.37 on Friday. The company has a market cap of $258.57 million, a price-to-earnings ratio of -12.69 and a beta of 2.43. Lands’ End, Inc. has a 12 month low of $7.65 and a 12 month 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 stock’s 50-day moving average is $9.69 and its 200-day moving average is $12.47.

Lands’ End (NASDAQ:LE) last released its quarterly earnings data on Thursday, March 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.01). The business 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 prior year, the firm earned $0.25 earnings per share. Equities analysts anticipate that Lands’ End, Inc. will post 0.41 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.