Lands' End, Inc. (NASDAQ:LE) Shares Sold by Towerview LLC

Towerview LLC lessened its holdings in Lands' End, Inc. (NASDAQ:LE - Free Report) by 18.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 367,500 shares of the company's stock after selling 81,991 shares during the period. Lands' End accounts for approximately 4.1% of Towerview LLC's holdings, making the stock its 6th biggest position. Towerview LLC owned about 1.18% of Lands' End worth $6,347,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LE. BNP Paribas Financial Markets boosted its position in shares of Lands' End by 65.0% during the first quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company's stock worth $76,000 after acquiring an additional 2,757 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of Lands' End by 69.4% in the first quarter. Empowered Funds LLC now owns 54,340 shares of the company's stock worth $592,000 after purchasing an additional 22,257 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in Lands' End by 41.6% during the first quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company's stock valued at $163,000 after buying an additional 4,392 shares during the last quarter. Simplicity Wealth LLC purchased a new position in Lands' End during the 2nd quarter valued at approximately $373,000. Finally, Gladius Capital Management LP bought a new stake in Lands' End in the 2nd quarter worth approximately $31,000. 37.46% of the stock is owned by institutional investors.

Lands' End Stock Down 1.6 %

Lands' End stock traded down $0.26 during midday trading on Thursday, hitting $16.11. 137,433 shares of the company's stock were exchanged, compared to its average volume of 106,921. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.41 and a current ratio of 1.64. The firm has a 50-day moving average of $16.29 and a two-hundred day moving average of $15.30. Lands' End, Inc. has a 12 month low of $6.35 and a 12 month high of $19.88. The company has a market cap of $502.52 million, a PE ratio of -3.89 and a beta of 2.78.

Lands' End (NASDAQ:LE - Get Free Report) last issued its quarterly earnings data on Thursday, September 5th. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.08. Lands' End had a negative return on equity of 1.03% and a negative net margin of 9.20%. The company had revenue of $317.17 million for the quarter, compared to the consensus estimate of $306.00 million. As a group, analysts expect that Lands' End, Inc. will post 0.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Lands' End from a "hold" rating to a "buy" rating in a research report on Friday, September 6th.

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.