Sei Investments Co. purchased a new position in shares of Lands’ End, Inc. (NASDAQ:LE – Free Report) during the first quarter, HoldingsChannel reports. The firm purchased 64,007 shares of the company’s stock, valued at approximately $719,000.
Several other institutional investors also recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in Lands’ End by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,296,284 shares of the company’s stock valued at $18,278,000 after purchasing an additional 6,666 shares during the period. Vanguard Group Inc. lifted its holdings in Lands’ End by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 684,340 shares of the company’s stock worth $9,649,000 after buying an additional 14,520 shares during the period. Towerview LLC lifted its holdings in Lands’ End by 37.5% during the 1st quarter. Towerview LLC now owns 592,701 shares of the company’s stock worth $6,662,000 after buying an additional 161,701 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Lands’ End by 76.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 487,183 shares of the company’s stock valued at $6,869,000 after buying an additional 211,736 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in shares of Lands’ End by 27.0% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 256,593 shares of the company’s stock valued at $3,726,000 after buying an additional 54,569 shares during the last quarter. Institutional investors own 37.46% of the company’s stock.
Lands’ End Price Performance
Shares of NASDAQ LE opened at $12.69 on Friday. Lands’ End, Inc. has a twelve month low of $9.56 and a twelve month high of $20.04. The firm has a fifty day simple moving average of $11.92 and a 200 day simple moving average of $13.15. The company has a market capitalization of $390.09 million, a PE ratio of 1.15 and a beta of 2.31. The company has a quick ratio of 0.37, a current ratio of 1.58 and a debt-to-equity ratio of 0.06.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on LE shares. Weiss Ratings raised Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Wall Street Zen cut Lands’ End from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Finally, Noble Financial assumed coverage on Lands’ End in a report on Thursday, June 18th. They issued an “outperform” rating and a $20.00 target price on the stock. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.00.
Check Out Our Latest Stock Analysis on Lands’ End
Lands’ End Profile
Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.
Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.
Featured Articles
- Five stocks we like better than Lands’ End
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Want to see what other hedge funds are holding LE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lands’ End, Inc. (NASDAQ:LE – Free Report).
Receive News & Ratings for Lands' End Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lands' End and related companies with MarketBeat.com's FREE daily email newsletter.
