ExodusPoint Capital Management LP Buys New Position in Lands' End, Inc. (NASDAQ:LE)

ExodusPoint Capital Management LP acquired a new position in shares of Lands' End, Inc. (NASDAQ:LE - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 29,336 shares of the company's stock, valued at approximately $385,000. ExodusPoint Capital Management LP owned 0.09% of Lands' End at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. American Century Companies Inc. boosted its position in Lands' End by 14.5% during 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 last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Lands' End by 62.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 246,636 shares of the company's stock valued at $3,241,000 after buying an additional 95,073 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Lands' End in the 4th quarter valued at approximately $1,357,000. Barclays PLC grew its stake in shares of Lands' End by 82.3% in the 3rd quarter. Barclays PLC now owns 29,940 shares of the company's stock valued at $517,000 after buying an additional 13,520 shares in the last quarter. Finally, State Street Corp increased its holdings in Lands' End by 0.9% in 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 during the last quarter. Hedge funds and other institutional investors own 37.46% of the company's stock.

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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 Stock Down 1.2 %

NASDAQ LE traded down $0.11 during trading on Tuesday, hitting $8.86. 87,630 shares of the company traded hands, compared to its average volume of 127,692. Lands' End, Inc. has a 12 month low of $8.15 and a 12 month high of $19.88. The business has a fifty day simple moving average of $10.72 and a 200 day simple moving average of $13.44. The company has a market capitalization of $273.61 million, a P/E ratio of -13.42 and a beta of 2.64. 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). The company had revenue of $441.66 million during the quarter, compared to the consensus estimate of $458.69 million. Lands' End had a negative net margin of 1.46% and a positive return on equity of 1.24%. During the same period in the previous year, the business posted $0.25 earnings per share. As a group, sell-side analysts predict that Lands' End, Inc. will post 0.41 EPS for the current year.

Lands' End 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.