ExodusPoint Capital Management LP Takes Position in Lands' End, Inc. (NASDAQ:LE)

ExodusPoint Capital Management LP acquired a new stake in Lands' End, Inc. (NASDAQ:LE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,336 shares of the company's stock, valued at approximately $385,000. ExodusPoint Capital Management LP owned approximately 0.09% of Lands' End at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its holdings in shares of Lands' End by 14.5% in the 4th quarter. American Century Companies Inc. now owns 372,936 shares of the company's stock valued at $4,900,000 after buying an additional 47,306 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Lands' End by 62.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 246,636 shares of the company's stock valued at $3,241,000 after buying an additional 95,073 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Lands' End in the 4th quarter valued at $1,357,000. Barclays PLC boosted its holdings in Lands' End by 82.3% in the third quarter. Barclays PLC now owns 29,940 shares of the company's stock valued at $517,000 after purchasing an additional 13,520 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Lands' End by 0.9% during the 3rd quarter. State Street Corp now owns 294,053 shares of the company's stock valued at $5,078,000 after buying an additional 2,556 shares during the last quarter. 37.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut Lands' End from a "strong-buy" rating to a "buy" rating in a report on Monday, February 17th.

Lands' End Stock Performance

Shares of NASDAQ:LE traded up $0.10 during trading on Friday, reaching $9.17. The company had a trading volume of 85,257 shares, compared to its average volume of 127,610. The firm has a market capitalization of $283.18 million, a price-to-earnings ratio of -13.89 and a beta of 2.64. The stock's fifty day moving average price is $10.63 and its 200 day moving average price is $13.36. 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, Inc. has a fifty-two week low of $8.15 and a fifty-two week high of $19.88.

Lands' End (NASDAQ:LE - Get Free Report) last announced its quarterly 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 firm 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 period last year, the firm earned $0.25 EPS. As a group, equities research analysts predict that Lands' End, Inc. will post 0.41 EPS for the current 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.