Squarepoint Ops LLC Acquires 61,993 Shares of Lands' End, Inc. (NASDAQ:LE)

Squarepoint Ops LLC lifted its position in shares of Lands' End, Inc. (NASDAQ:LE - Free Report) by 150.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 103,305 shares of the company's stock after purchasing an additional 61,993 shares during the period. Squarepoint Ops LLC owned 0.33% of Lands' End worth $1,357,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Lands' End during the 4th quarter valued at $1,357,000. Arrowstreet Capital Limited Partnership raised its position in shares of 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 purchasing an additional 95,073 shares during the period. American Century Companies Inc. raised its position in shares of Lands' End by 14.5% in the fourth quarter. American Century Companies Inc. now owns 372,936 shares of the company's stock valued at $4,900,000 after purchasing an additional 47,306 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Lands' End by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 258,010 shares of the company's stock worth $3,390,000 after buying an additional 46,094 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Lands' End by 320.8% during the 4th quarter. Bank of America Corp DE now owns 51,811 shares of the company's stock worth $681,000 after buying an additional 39,499 shares during the period. 37.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of 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 down $0.62 during trading hours on Wednesday, reaching $7.91. 1,128,329 shares of the stock were exchanged, compared to its average volume of 147,098. The firm has a market capitalization of $244.27 million, a price-to-earnings ratio of -11.98 and a beta of 2.43. The stock's fifty day simple moving average is $8.88 and its 200 day simple moving average is $11.49. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74. Lands' End, Inc. has a 52 week low of $7.65 and a 52 week high of $19.88.

Lands' End (NASDAQ:LE - Get Free Report) last issued its quarterly earnings data on Thursday, March 20th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.01). Lands' End had a negative net margin of 1.46% and a positive return on equity of 1.24%. The firm had revenue of $441.66 million during the quarter, compared to analyst estimates of $458.69 million. During the same period in the prior year, the company earned $0.25 earnings per share. Sell-side 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.