D. E. Shaw & Co. Inc. Has $1.53 Million Stake in Lands’ End, Inc. (NASDAQ:LE)

D. E. Shaw & Co. Inc. trimmed its position in shares of Lands’ End, Inc. (NASDAQ:LE) by 25.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 116,406 shares of the company’s stock after selling 39,582 shares during the period. D. E. Shaw & Co. Inc.’s holdings in Lands’ End were worth $1,530,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in Lands’ End in the 4th quarter valued at $1,357,000. Arrowstreet Capital Limited Partnership raised its position in Lands’ End by 62.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 246,636 shares of the company’s stock valued at $3,241,000 after buying an additional 95,073 shares during the last quarter. American Century Companies Inc. raised its position in Lands’ End by 14.5% in the 4th quarter. American Century Companies Inc. now owns 372,936 shares of the company’s stock valued at $4,900,000 after buying an additional 47,306 shares during the last quarter. JPMorgan Chase & Co. raised its position in Lands’ End by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 258,010 shares of the company’s stock valued at $3,390,000 after buying an additional 46,094 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Lands’ End by 320.8% in the 4th quarter. Bank of America Corp DE now owns 51,811 shares of the company’s stock valued at $681,000 after buying an additional 39,499 shares during the last quarter. 37.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Lands’ End from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 17th.

Lands’ End Trading Up 3.6%

NASDAQ LE opened at $8.95 on Friday. The firm has a market capitalization of $276.38 million, a P/E ratio of -13.56 and a beta of 2.43. The business has a fifty day simple moving average of $9.26 and a 200 day simple moving average of $11.97. Lands’ End, Inc. has a 12 month low of $7.65 and a 12 month high of $19.88. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29.

Lands’ End (NASDAQ:LE) last released 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 negative net margin of 1.46% and a positive return on equity of 1.24%. The company had revenue of $441.66 million during the quarter, compared to analysts’ expectations of $458.69 million. During the same period in the previous year, the company posted $0.25 earnings per share. On average, analysts predict that Lands’ End, Inc. will post 0.41 EPS for the current fiscal year.

About Lands’ End

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.