Emerald Acquisition Ltd. acquired a new position in Tilly's Inc (NASDAQ:TLYS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 130,705 shares of the company’s stock, valued at approximately $757,000. Emerald Acquisition Ltd. owned 0.46% of Tilly's at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of TLYS. California State Teachers Retirement System raised its position in shares of Tilly's by 2.5% in the second quarter. California State Teachers Retirement System now owns 24,438 shares of the company’s stock worth $141,000 after buying an additional 600 shares in the last quarter. Strs Ohio raised its position in shares of Tilly's by 8.4% in the second quarter. Strs Ohio now owns 88,200 shares of the company’s stock worth $510,000 after buying an additional 6,800 shares in the last quarter. Smith Asset Management Group LP raised its position in shares of Tilly's by 69.3% in the second quarter. Smith Asset Management Group LP now owns 18,320 shares of the company’s stock worth $106,000 after buying an additional 7,500 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Tilly's during the second quarter worth $140,000. Finally, Rothschild Investment Corp IL raised its position in shares of Tilly's by 2.4% in the second quarter. Rothschild Investment Corp IL now owns 344,677 shares of the company’s stock worth $1,996,000 after buying an additional 8,045 shares in the last quarter.
Shares of Tilly's Inc (NASDAQ:TLYS) traded up 0.6925% during trading on Friday, hitting $9.3644. The stock had a trading volume of 20,010 shares. The company has a market cap of $267.33 million and a PE ratio of 60.8078. The stock has a 50 day moving average of $9.41 and a 200 day moving average of $6.91. Tilly's Inc has a 12 month low of $5.49 and a 12 month high of $10.86.
Tilly's (NASDAQ:TLYS) last released its earnings results on Wednesday, August 24th. The company reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.08. The company had revenue of $136.41 million for the quarter, compared to analysts’ expectations of $132.69 million. Tilly's’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.02 earnings per share. Equities analysts forecast that Tilly's Inc will post $0.27 EPS for the current fiscal year.
TLYS has been the topic of a number of research analyst reports. Roth Capital restated a “buy” rating on shares of Tilly's in a research note on Tuesday, July 12th. B. Riley restated a “buy” rating and issued a $12.00 target price on shares of Tilly's in a research note on Friday, September 16th. Zacks Investment Research upgraded Tilly's from a “sell” rating to a “hold” rating in a research report on Wednesday, August 3rd. Stifel Nicolaus reiterated a “hold” rating on shares of Tilly's in a research report on Thursday, August 25th. Finally, Mizuho reiterated a “neutral” rating and set a $7.00 price objective (up from $6.50) on shares of Tilly's in a research report on Thursday, August 25th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Tilly's currently has an average rating of “Buy” and an average price target of $9.75.
In related news, major shareholder Tilly Levine sold 30,000 shares of Tilly's stock in a transaction on Thursday, October 13th. The stock was sold at an average price of $9.42, for a total transaction of $282,600.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Hezy Shaked sold 15,000 shares of Tilly's stock in a transaction on Thursday, September 22nd. The shares were sold at an average price of $9.44, for a total value of $141,600.00. The disclosure for this sale can be found here.
Tilly's Company Profile
Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.
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