American Century Companies Inc. Increases Stake in Lands’ End, Inc. (NASDAQ:LE)

American Century Companies Inc. grew its holdings in Lands’ End, Inc. (NASDAQ:LE) by 14.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 372,936 shares of the company’s stock after acquiring an additional 47,306 shares during the period. American Century Companies Inc.’s holdings in Lands’ End were worth $4,900,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Magnetar Financial LLC purchased a new position in shares of Lands’ End during the 4th quarter valued at about $195,000. AlphaQuest LLC bought a new stake in Lands’ End during the 4th quarter worth approximately $101,000. Inceptionr LLC bought a new stake in Lands’ End during the 4th quarter worth approximately $150,000. Raymond James Financial Inc. purchased a new position in Lands’ End during the fourth quarter valued at approximately $1,357,000. Finally, Bailard Inc. bought a new position in shares of Lands’ End in the fourth quarter worth approximately $219,000. Hedge funds and other institutional investors own 37.46% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Lands’ End from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 17th.

Lands’ End Price Performance

Shares of Lands’ End stock opened at $9.51 on Friday. The company has a quick ratio of 0.45, a current ratio of 1.74 and a debt-to-equity ratio of 1.29. Lands’ End, Inc. has a 52 week low of $9.10 and a 52 week high of $19.88. The stock’s 50-day simple moving average is $11.39 and its 200-day simple moving average is $13.91. The company has a market capitalization of $293.68 million, a price-to-earnings ratio of -14.41 and a beta of 2.64.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Thursday, March 20th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Lands’ End had a positive return on equity of 1.24% and a negative net margin of 1.46%. The business had revenue of $441.66 million during the quarter, compared to analysts’ expectations of $458.69 million. During the same period in the prior year, the firm posted $0.25 earnings per share. As a group, analysts expect that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

Lands’ End Company 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.