D. E. Shaw & Co. Inc. lowered its position in Lands’ End, Inc. (NASDAQ:LE – Free Report) by 25.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 116,406 shares of the company’s stock after selling 39,582 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.38% of Lands’ End worth $1,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also added to or reduced their stakes in LE. Quarry LP bought a new stake in Lands’ End in the fourth quarter valued at approximately $41,000. AlphaQuest LLC bought a new stake in Lands’ End in the fourth quarter valued at approximately $101,000. Wells Fargo & Company MN boosted its holdings in Lands’ End by 18.4% in the fourth quarter. Wells Fargo & Company MN now owns 10,033 shares of the company’s stock valued at $132,000 after acquiring an additional 1,559 shares during the last quarter. Inceptionr LLC bought a new stake in Lands’ End in the fourth quarter valued at approximately $150,000. Finally, Balyasny Asset Management L.P. bought a new stake in Lands’ End in the fourth quarter valued at approximately $172,000. 37.46% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut Lands’ End from a “strong-buy” rating to a “buy” rating in a report on Monday, February 17th.
Lands’ End Price Performance
Lands’ End stock opened at $8.95 on Friday. The stock has a market capitalization of $276.38 million, a price-to-earnings ratio of -13.56 and a beta of 2.43. Lands’ End, Inc. has a 52-week low of $7.65 and a 52-week high of $19.88. The stock’s 50 day moving average price is $9.26 and its two-hundred day moving average price is $11.97. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74.
Lands’ End (NASDAQ:LE – Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The business had revenue of $441.66 million for the quarter, compared to the consensus estimate 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 company posted $0.25 earnings per share. On average, equities analysts predict that Lands’ End, Inc. will post 0.41 earnings per share for the current year.
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.
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