American Century Companies Inc. Acquires 47,306 Shares of Lands' End, Inc. (NASDAQ:LE)

American Century Companies Inc. lifted its position in Lands' End, Inc. (NASDAQ:LE - Free Report) by 14.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 372,936 shares of the company's stock after buying an additional 47,306 shares during the period. American Century Companies Inc. owned approximately 1.21% of Lands' End worth $4,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of LE. Geode Capital Management LLC boosted its stake in shares of Lands' End by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 314,514 shares of the company's stock worth $5,432,000 after acquiring an additional 1,729 shares during the last quarter. State Street Corp raised its holdings in Lands' End by 0.9% in the 3rd quarter. State Street Corp now owns 294,053 shares of the company's stock worth $5,078,000 after purchasing an additional 2,556 shares during the period. JPMorgan Chase & Co. lifted its position in Lands' End by 48.4% during the third quarter. JPMorgan Chase & Co. now owns 211,916 shares of the company's stock valued at $3,660,000 after purchasing an additional 69,099 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Lands' End during the fourth quarter valued at about $1,357,000. Finally, Charles Schwab Investment Management Inc. increased its position in Lands' End by 3.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company's stock worth $1,774,000 after buying an additional 3,288 shares in the last quarter. Institutional investors own 37.46% of the company's stock.

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Wall Street Analysts Forecast Growth

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

Lands' End Trading Down 4.0 %

NASDAQ:LE traded down $0.37 during mid-day trading on Thursday, hitting $8.88. 128,970 shares of the stock traded hands, compared to its average volume of 128,366. The company has a quick ratio of 0.45, a current ratio of 1.74 and a debt-to-equity ratio of 1.29. Lands' End, Inc. has a 52 week low of $8.15 and a 52 week high of $19.88. The stock has a market capitalization of $274.22 million, a price-to-earnings ratio of -13.45 and a beta of 2.64. The firm's 50 day moving average is $10.90 and its two-hundred day moving average is $13.61.

Lands' End (NASDAQ:LE - Get Free Report) last posted its quarterly earnings data on Thursday, March 20th. The company reported $0.57 earnings per share (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 business had revenue of $441.66 million for the quarter, compared to analysts' expectations of $458.69 million. During the same quarter in the previous year, the firm earned $0.25 EPS. On average, equities research analysts predict 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.