Tower Research Capital LLC TRC Boosts Stake in Lands’ End, Inc. (NASDAQ:LE)

Tower Research Capital LLC TRC lifted its position in shares of Lands’ End, Inc. (NASDAQ:LE) by 334.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,081 shares of the company’s stock after acquiring an additional 3,912 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Lands’ End were worth $49,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Jump Financial LLC purchased a new stake in shares of Lands’ End during the 4th quarter worth about $115,000. Carmel Capital Partners LLC raised its position in shares of Lands’ End by 456.6% during the 4th quarter. Carmel Capital Partners LLC now owns 22,371 shares of the company’s stock worth $214,000 after purchasing an additional 18,352 shares during the last quarter. Corton Capital Inc. acquired a new position in shares of Lands’ End during the 3rd quarter worth about $103,000. WINTON GROUP Ltd acquired a new position in shares of Lands’ End during the 3rd quarter worth about $82,000. Finally, Gamco Investors INC. ET AL raised its position in shares of Lands’ End by 21.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 285,000 shares of the company’s stock worth $2,129,000 after purchasing an additional 51,000 shares during the last quarter. 37.46% of the stock is owned by hedge funds and other institutional investors.

Lands’ End Trading Down 1.8 %

Shares of Lands’ End stock traded down $0.25 during mid-day trading on Tuesday, hitting $13.68. The stock had a trading volume of 109,308 shares, compared to its average volume of 87,446. The firm has a 50-day moving average of $10.66 and a two-hundred day moving average of $9.04. Lands’ End, Inc. has a 12-month low of $5.98 and a 12-month high of $13.98. The company has a quick ratio of 0.42, a current ratio of 1.58 and a debt-to-equity ratio of 0.98. The firm has a market cap of $430.78 million, a P/E ratio of -3.34 and a beta of 2.97.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings data on Wednesday, March 27th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.03). The company had revenue of $514.85 million for the quarter, compared to analysts’ expectations of $505.30 million. Lands’ End had a negative return on equity of 1.70% and a negative net margin of 8.87%. Sell-side analysts forecast that Lands’ End, Inc. will post 0.2 earnings per share for the current year.

Analyst Ratings Changes

Separately, Craig Hallum upgraded shares of Lands’ End from a “hold” rating to a “buy” rating and upped their price target for the stock from $9.00 to $15.00 in a research report on Thursday, March 28th.

Lands’ End Profile

Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products 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.