Jacobs Levy Equity Management Inc. Has $278,000 Stock Position in Tilly’s, Inc. (NYSE:TLYS)

Jacobs Levy Equity Management Inc. reduced its position in Tilly’s, Inc. (NYSE:TLYS) by 42.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 65,440 shares of the specialty retailer’s stock after selling 47,849 shares during the period. Jacobs Levy Equity Management Inc. owned 0.22% of Tilly’s worth $278,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TLYS. JPMorgan Chase & Co. boosted its position in shares of Tilly’s by 58.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,964 shares of the specialty retailer’s stock worth $56,000 after purchasing an additional 4,045 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Tilly’s by 31.4% in the 4th quarter. Bank of America Corp DE now owns 17,566 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 4,193 shares during the last quarter. Barclays PLC boosted its position in shares of Tilly’s by 230.7% in the 3rd 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. Finally, Long Focus Capital Management LLC boosted its position in shares of Tilly’s by 1.4% in the 4th quarter. Long Focus Capital Management LLC now owns 2,181,931 shares of the specialty retailer’s stock worth $9,273,000 after purchasing an additional 30,000 shares during the last quarter. 76.38% of the stock is owned by institutional investors and hedge funds.

Tilly’s Trading Up 10.1%

TLYS stock opened at $0.87 on Monday. The business’s 50-day moving average price is $1.81 and its two-hundred day moving average price is $3.23. The firm has a market cap of $26.29 million, a PE ratio of -0.49 and a beta of 1.42. Tilly’s, Inc. has a 1-year low of $0.57 and a 1-year high of $6.28.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reduced their target price on Tilly’s from $5.00 to $2.50 and set a “neutral” rating on the stock in a report on Friday, March 14th.

Tilly’s Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.