Empowered Funds LLC Cuts Stake in Tilly’s, Inc. (NYSE:TLYS)

Empowered Funds LLC reduced its position in shares of Tilly’s, Inc. (NYSE:TLYS) by 20.9% in the third quarter, Holdings Channel reports. The firm owned 94,724 shares of the specialty retailer’s stock after selling 25,000 shares during the quarter. Empowered Funds LLC’s holdings in Tilly’s were worth $483,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. BNP Paribas Financial Markets grew its holdings in shares of Tilly’s by 61.0% during the first quarter. BNP Paribas Financial Markets now owns 10,655 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 4,035 shares during the last quarter. Rothschild Investment LLC purchased a new stake in Tilly’s during the 2nd quarter valued at $39,000. Vanguard Group Inc. increased its holdings in shares of Tilly’s by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 1,282,467 shares of the specialty retailer’s stock worth $8,721,000 after purchasing an additional 8,547 shares in the last quarter. First Eagle Investment Management LLC raised its stake in shares of Tilly’s by 2.2% in the second quarter. First Eagle Investment Management LLC now owns 438,157 shares of the specialty retailer’s stock worth $2,642,000 after purchasing an additional 9,500 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in shares of Tilly’s during the third quarter valued at $297,000. 76.38% of the stock is owned by hedge funds and other institutional investors.

Tilly’s Trading Up 3.4 %

TLYS opened at $3.91 on Monday. Tilly’s, Inc. has a 12 month low of $3.57 and a 12 month high of $8.75. The stock has a 50-day moving average of $4.37 and a 200 day moving average of $5.04. The firm has a market cap of $117.89 million, a P/E ratio of -2.85 and a beta of 1.58.

Analyst Ratings Changes

Several equities research analysts recently commented on TLYS shares. B. Riley reduced their price objective on Tilly’s from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Friday, September 6th. StockNews.com raised shares of Tilly’s from a “sell” rating to a “hold” rating in a report on Friday, September 6th.

Tilly’s Profile

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, swim, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.