57,184 Shares in Lands' End, Inc. (NASDAQ:LE) Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in Lands' End, Inc. (NASDAQ:LE - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 57,184 shares of the company's stock, valued at approximately $582,000. SG Americas Securities LLC owned 0.19% of Lands' End as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LE. Harbor Capital Advisors Inc. acquired a new stake in shares of Lands' End during the first quarter worth $27,000. Quarry LP bought a new position in Lands' End during the fourth quarter worth $41,000. AlphaQuest LLC bought a new position in Lands' End during the fourth quarter worth $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 worth $132,000 after acquiring an additional 1,559 shares in the last quarter. Finally, Inceptionr LLC bought a new position in Lands' End during the fourth quarter worth $150,000. 37.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Lands' End from a "buy" rating to a "hold" rating in a research note on Friday, June 6th.

Lands' End Stock Performance

NASDAQ LE traded up $0.14 during trading hours on Friday, reaching $9.32. 561,389 shares of the company were exchanged, compared to its average volume of 168,380. Lands' End, Inc. has a 1 year low of $7.65 and a 1 year high of $19.88. The business's 50 day simple moving average is $8.81 and its 200-day simple moving average is $10.92. The company has a quick ratio of 0.52, a current ratio of 1.86 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $283.98 million, a P/E ratio of 71.70 and a beta of 2.45.

Lands' End (NASDAQ:LE - Get Free Report) last posted its earnings results on Thursday, June 5th. The company reported ($0.18) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.01. The firm had revenue of $261.21 million during the quarter, compared to the consensus estimate of $272.60 million. Lands' End had a net margin of 0.33% and a return on equity of 5.80%. On average, equities research analysts expect that Lands' End, Inc. will post 0.41 earnings per share 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.