Tilly’s (NYSE:TLYS) Cut to “Sell” at StockNews.com

StockNews.com lowered shares of Tilly’s (NYSE:TLYS) from a hold rating to a sell rating in a research report sent to investors on Monday morning.

Separately, B. Riley cut their target price on Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, December 6th.

Tilly’s Stock Down 5.1 %

Tilly’s stock opened at $3.53 on Monday. Tilly’s has a twelve month low of $3.52 and a twelve month high of $7.79. The company has a market capitalization of $106.43 million, a P/E ratio of -1.99 and a beta of 1.60. The stock’s 50 day moving average is $4.19 and its 200 day moving average is $4.88.

Hedge Funds Weigh In On Tilly’s

A number of hedge funds have recently added to or reduced their stakes in TLYS. Rothschild Investment LLC purchased a new stake in Tilly’s during the 2nd quarter valued at $39,000. Barclays PLC raised its stake in shares of Tilly’s by 230.7% in the third quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock worth $102,000 after purchasing an additional 13,921 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Tilly’s during the third quarter valued at $108,000. Jane Street Group LLC boosted its position in shares of Tilly’s by 113.6% during the third quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock valued at $284,000 after buying an additional 29,581 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Tilly’s in the 3rd quarter worth about $297,000. 76.38% of the stock is currently owned by hedge funds and other institutional investors.

About Tilly’s

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.