Simplicity Wealth LLC buys new shares in Lands’ End, Inc. (NASDAQ:LE)

Simplicity Wealth LLC purchased a new stake in Lands’ End, Inc. (NASDAQ:LE – Free Report) during the second quarter, Holdings Channel.com reports. The firm purchased 27,459 shares of the company’s stock, valued at approximately $373,000.

Other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC grew its position in Lands’ End by 334.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,081 shares of the company’s stock worth $49,000 after acquiring an additional 3,912 shares during the period. BNP Paribas Financial Markets grew its position in Lands’ End by 65.0% in the first quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after buying an additional 2,757 shares during the period. Jump Financial LLC acquired a new stake in Lands’ End in the fourth quarter valued at about $115,000. O Shaughnessy Asset Management LLC increased its position in shares of Lands’ End by 41.6% in the first quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock worth $163,000 after purchasing an additional 4,392 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of Lands’ End in the 4th quarter worth approximately $175,000. 37.46% of shares are owned by institutional investors.

Final land price performance

Shares of Lands’ End stock opened at $14.46 on Friday. The firm has a market cap of $454.13 million, a P/E ratio of -3.41 and a beta of 2.84. Lands’ End, Inc. has a 1 year low of $5.98 and a 1 year high of $18.27. The company has a 50-day moving average of $14.96 and a 200-day moving average of $12.50. The company has a current ratio of 1.85, a quick ratio of 0.53, and a debt-to-equity ratio of 1.16.

Lands’ End (NASDAQ:LE – Get Your Free Report ) last issued its quarterly earnings data on Wednesday, June 5th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.07. Lands’ End had a negative return on equity of 3.57% and a negative net margin of 9.35%. The business had revenue of $285.47 million during the quarter, compared to analyst estimates of $271.60 million. On average, equities analysts anticipate that Lands’ End, Inc. will post 0.3 EPS for the current year.

Analysts on Wall Street are forecasting an increase

LE has been the subject of several analyst reports. StockNews.com lowered Lands’ End from a “buy” rating to a “hold” rating in a research report on Thursday, June 13th. Craig Hallum boosted their price target on Lands’ End from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, May 16th.

Check out the latest stock report on LE

About Lands’ End

(Free report)

Lands’ End, Inc operates as a digital retailer of casual wear, swimwear, outerwear, accessories, footwear and home products in the United States, Europe, Asia and internationally. It operates through the US, international, outfitters, third-party and retail e-commerce segments. The company also sells uniforms and branded clothing.

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