Tilly's (NYSE:TLYS) Upgraded to "Hold" by StockNews.com

Tilly's (NYSE:TLYS - Get Free Report) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Friday.

Several other equities analysts have also recently weighed in on TLYS. Roth Mkm lowered their price objective on shares of Tilly's from $8.50 to $7.50 and set a "neutral" rating on the stock in a research note on Friday, March 15th. B. Riley decreased their target price on shares of Tilly's from $8.75 to $8.25 and set a "neutral" rating on the stock in a research note on Friday, March 15th. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $7.88.

Tilly's Stock Down 0.3 %

TLYS traded down $0.02 during midday trading on Friday, hitting $5.82. 106,901 shares of the company traded hands, compared to its average volume of 90,866. The firm has a market capitalization of $174.43 million, a PE ratio of -5.02 and a beta of 1.58. The company's 50-day moving average is $7.04 and its 200 day moving average is $7.58. Tilly's has a 52 week low of $5.58 and a 52 week high of $9.50.

Tilly's (NYSE:TLYS - Get Free Report) last posted its earnings results on Thursday, March 14th. The specialty retailer reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.05. The business had revenue of $173.02 million for the quarter, compared to analysts' expectations of $171.65 million. Tilly's had a negative net margin of 5.54% and a negative return on equity of 11.57%. On average, sell-side analysts predict that Tilly's will post -0.61 earnings per share for the current fiscal year.

Insider Activity at Tilly's

In other Tilly's news, major shareholder Fund 1 Investments, Llc bought 21,000 shares of the business's stock in a transaction that occurred on Thursday, February 29th. The stock was purchased at an average cost of $7.68 per share, with a total value of $161,280.00. Following the completion of the acquisition, the insider now owns 5,117,757 shares in the company, valued at approximately $39,304,373.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders acquired 403,320 shares of company stock valued at $2,956,114. 27.96% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TLYS. Advisor Group Holdings Inc. lifted its position in shares of Tilly's by 11,387.1% during the first quarter. Advisor Group Holdings Inc. now owns 7,122 shares of the specialty retailer's stock worth $67,000 after purchasing an additional 7,060 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Tilly's by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 150,050 shares of the specialty retailer's stock worth $1,405,000 after purchasing an additional 4,315 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Tilly's by 25.8% during the first quarter. American Century Companies Inc. now owns 95,820 shares of the specialty retailer's stock worth $897,000 after purchasing an additional 19,659 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Tilly's by 1.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,706,085 shares of the specialty retailer's stock worth $15,969,000 after purchasing an additional 26,857 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Tilly's by 3.7% during the first quarter. Vanguard Group Inc. now owns 1,207,259 shares of the specialty retailer's stock worth $11,300,000 after purchasing an additional 43,374 shares during the last quarter. 76.38% of the stock is owned by hedge funds and other institutional investors.

About Tilly's

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others, as well as hardgoods consists of skateboards, longboards, and related equipment for skateboarding, snowboarding, and surfing.

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