Arrowstreet Capital Limited Partnership Acquires 95,073 Shares of Lands' End, Inc. (NASDAQ:LE)

Arrowstreet Capital Limited Partnership grew its holdings in Lands' End, Inc. (NASDAQ:LE - Free Report) by 62.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 246,636 shares of the company's stock after acquiring an additional 95,073 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.80% of Lands' End worth $3,241,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Geode Capital Management LLC lifted its position 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 valued at $5,432,000 after acquiring an additional 1,729 shares during the period. State Street Corp grew its stake in Lands' End by 0.9% during the third quarter. State Street Corp now owns 294,053 shares of the company's stock worth $5,078,000 after buying an additional 2,556 shares in the last quarter. Empowered Funds LLC increased its holdings in Lands' End by 5.1% in the 4th quarter. Empowered Funds LLC now owns 64,714 shares of the company's stock valued at $850,000 after buying an additional 3,152 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Lands' End by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company's stock valued at $1,774,000 after buying an additional 3,288 shares in the last quarter. Finally, AlphaQuest LLC bought a new stake in shares of Lands' End during the 4th quarter worth approximately $101,000. 37.46% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

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

Lands' End Price Performance

NASDAQ:LE traded up $0.06 on Monday, hitting $8.97. The company had a trading volume of 8,630 shares, compared to its average volume of 131,370. The firm has a 50 day moving average of $10.83 and a two-hundred day moving average of $13.53. The stock has a market capitalization of $276.88 million, a price-to-earnings ratio of -13.62 and a beta of 2.64. Lands' End, Inc. has a 52 week low of $8.15 and a 52 week high of $19.88. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29.

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