D. E. Shaw & Co. Inc. lessened its holdings in shares of Lands' End, Inc. (NASDAQ:LE - Free Report) by 25.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 116,406 shares of the company's stock after selling 39,582 shares during the period. D. E. Shaw & Co. Inc. owned 0.38% of Lands' End worth $1,530,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in the stock. Quarry LP bought a new stake in shares of Lands' End in the 4th quarter worth $41,000. AlphaQuest LLC bought a new position in shares of Lands' End in the fourth quarter valued at approximately $101,000. Wells Fargo & Company MN boosted its stake in Lands' End by 18.4% during the fourth quarter. Wells Fargo & Company MN now owns 10,033 shares of the company's stock valued at $132,000 after buying an additional 1,559 shares during the period. Inceptionr LLC bought a new stake in shares of Lands' End during the 4th quarter valued at about $150,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Lands' End in the 4th quarter worth $172,000. 37.46% of the stock is currently owned by institutional investors.
Lands' End Stock Performance
Shares of Lands' End stock traded down $0.12 during trading hours on Wednesday, reaching $8.98. 13,484 shares of the stock traded hands, compared to its average volume of 126,338. 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 has a market capitalization of $277.16 million, a price-to-earnings ratio of -13.52 and a beta of 2.43. Lands' End, Inc. has a one year low of $7.65 and a one year high of $19.88. The company has a 50 day moving average price of $9.15 and a 200 day moving average price of $11.78.
Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The company reported $0.57 earnings per share 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 negative net margin of 1.46% and a positive return on equity of 1.24%. During the same quarter in the prior year, the business earned $0.25 EPS. On average, equities research analysts expect that Lands' End, Inc. will post 0.41 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Lands' End from a "strong-buy" rating to a "buy" rating in a research note on Monday, February 17th.
View Our Latest Analysis on LE
About Lands' End
(
Free Report)
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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