Towerview LLC Reduces Stake in Lands' End, Inc. (NASDAQ:LE)

Towerview LLC reduced its position in Lands' End, Inc. (NASDAQ:LE - Free Report) by 10.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 327,500 shares of the company's stock after selling 40,000 shares during the quarter. Lands' End makes up about 3.1% of Towerview LLC's investment portfolio, making the stock its 7th biggest holding. Towerview LLC owned approximately 1.06% of Lands' End worth $4,303,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC raised 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 worth $5,432,000 after purchasing an additional 1,729 shares during the period. State Street Corp grew its stake in Lands' End by 0.9% during the 3rd 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. Empowered Funds LLC increased its position in Lands' End by 5.3% in the third quarter. Empowered Funds LLC now owns 61,562 shares of the company's stock worth $1,063,000 after buying an additional 3,082 shares during the period. 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 during the period. Finally, Petrus Trust Company LTA lifted its stake in Lands' End by 33.9% in the third quarter. Petrus Trust Company LTA now owns 38,100 shares of the company's stock valued at $658,000 after buying an additional 9,655 shares during the last quarter. Institutional investors and hedge funds own 37.46% of the company's stock.

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Lands' End Stock Performance

Shares of NASDAQ LE traded down $0.35 during midday trading on Monday, hitting $11.43. 128,760 shares of the company's stock were exchanged, compared to its average volume of 115,064. Lands' End, Inc. has a twelve month low of $7.64 and a twelve month high of $19.88. The firm has a market cap of $353.53 million, a P/E ratio of -17.32 and a beta of 2.71. The stock's 50 day moving average price is $12.60 and its 200-day moving average price is $14.64. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45.

Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings results on Thursday, December 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.03. Lands' End had a positive return on equity of 1.24% and a negative net margin of 1.46%. Equities research analysts anticipate that Lands' End, Inc. will post 0.41 EPS for the current year.

Analyst Upgrades and Downgrades

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

About Lands' End

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.