Alliancebernstein L.P. Has $164,000 Stock Position in Lands' End, Inc. (NASDAQ:LE)

Alliancebernstein L.P. lowered its stake in shares of Lands' End, Inc. (NASDAQ:LE - Free Report) by 92.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,500 shares of the company's stock after selling 149,410 shares during the quarter. Alliancebernstein L.P.'s holdings in Lands' End were worth $164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in LE. Geode Capital Management LLC increased its stake in Lands' End by 0.6% during the third quarter. Geode Capital Management LLC now owns 314,514 shares of the company's stock valued at $5,432,000 after purchasing an additional 1,729 shares during the last quarter. State Street Corp increased its stake in Lands' End by 0.9% during the third quarter. State Street Corp now owns 294,053 shares of the company's stock valued at $5,078,000 after purchasing an additional 2,556 shares during the last quarter. Empowered Funds LLC increased its stake in Lands' End by 5.1% during the fourth quarter. Empowered Funds LLC now owns 64,714 shares of the company's stock valued at $850,000 after purchasing an additional 3,152 shares during the last quarter. AlphaQuest LLC bought a new stake in Lands' End during the fourth quarter valued at $101,000. Finally, Inceptionr LLC bought a new stake in Lands' End during the fourth quarter valued at $150,000. Institutional investors own 37.46% of the company's stock.

Lands' End Price Performance

Lands' End stock traded up $0.07 during trading hours on Monday, hitting $8.74. 158,712 shares of the company traded hands, compared to its average volume of 127,548. The firm has a market cap of $269.90 million, a P/E ratio of -13.24 and a beta of 2.64. The company has a quick ratio of 0.45, a current ratio of 1.74 and a debt-to-equity ratio of 1.29. The firm's 50-day simple moving average is $10.22 and its two-hundred day simple moving average is $12.94. Lands' End, Inc. has a 1-year low of $8.15 and a 1-year high of $19.88.

Lands' End (NASDAQ:LE - Get Free Report) last released its earnings results on Thursday, March 20th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). The company had revenue of $441.66 million for the quarter, compared to analyst estimates of $458.69 million. Lands' End had a negative net margin of 1.46% and a positive return on equity of 1.24%. During the same period in the previous year, the business posted $0.25 EPS. As a group, analysts forecast that Lands' End, Inc. will post 0.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Lands' End from a "strong-buy" rating to a "buy" rating in a report 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.