Lands’ End, Inc. (NASDAQ:LE) is Towerview LLC’s 7th Largest Position

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

Several other large investors have also modified their holdings of the stock. Barclays PLC grew its holdings in Lands’ End by 82.3% during the third quarter. Barclays PLC now owns 29,940 shares of the company’s stock worth $517,000 after acquiring an additional 13,520 shares during the period. Petrus Trust Company LTA grew its holdings in Lands’ End by 33.9% during the third quarter. Petrus Trust Company LTA now owns 38,100 shares of the company’s stock worth $658,000 after acquiring an additional 9,655 shares during the period. Empowered Funds LLC grew its holdings in Lands’ End by 5.1% during the fourth quarter. Empowered Funds LLC now owns 64,714 shares of the company’s stock worth $850,000 after acquiring an additional 3,152 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Lands’ End by 3.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock worth $1,774,000 after acquiring an additional 3,288 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Lands’ End by 48.4% during the third quarter. JPMorgan Chase & Co. now owns 211,916 shares of the company’s stock worth $3,660,000 after acquiring an additional 69,099 shares during the period. Hedge funds and other institutional investors own 37.46% of the company’s stock.

Lands’ End Stock Down 2.5 %

Lands’ End stock opened at $11.61 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74. The firm has a market capitalization of $359.10 million, a price-to-earnings ratio of -17.59 and a beta of 2.71. Lands’ End, Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $19.88. The stock’s fifty day moving average is $12.63 and its two-hundred day moving average is $14.66.

Lands’ End (NASDAQ:LE) last posted its earnings results on Thursday, December 5th. The company reported $0.06 earnings per share for the quarter, beating 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%. Analysts predict that Lands’ End, Inc. will post 0.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Lands’ End from a “strong-buy” rating to a “buy” rating in a report on Monday, February 17th.

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.