State of Wyoming Boosts Stock Position in Lands’ End, Inc. (NASDAQ:LE)

State of Wyoming lifted its position in shares of Lands’ End, Inc. (NASDAQ:LE) by 22.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,847 shares of the company’s stock after purchasing an additional 3,700 shares during the period. State of Wyoming’s holdings in Lands’ End were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of LE. Quarry LP purchased a new stake in Lands’ End in the fourth quarter worth about $41,000. AlphaQuest LLC purchased a new stake in Lands’ End in the fourth quarter worth about $101,000. Wells Fargo & Company MN lifted its holdings in Lands’ End by 18.4% in the fourth quarter. Wells Fargo & Company MN now owns 10,033 shares of the company’s stock worth $132,000 after buying an additional 1,559 shares during the period. Inceptionr LLC purchased a new stake in Lands’ End in the fourth quarter worth about $150,000. Finally, Balyasny Asset Management L.P. purchased a new stake in Lands’ End in the fourth quarter worth about $172,000. 37.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Lands’ End Stock Performance

Shares of LE opened at $8.86 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45. Lands’ End, Inc. has a one year low of $7.65 and a one year high of $19.88. The company has a 50-day simple moving average of $9.22 and a two-hundred day simple moving average of $11.92. The firm has a market capitalization of $273.61 million, a PE ratio of -13.42 and a beta of 2.43.

Lands’ End (NASDAQ:LE) last released its earnings results on Thursday, March 20th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $441.66 million for the quarter, compared to analysts’ expectations of $458.69 million. During the same quarter in the previous year, the business posted $0.25 earnings per share. On average, analysts anticipate that Lands’ End, Inc. will post 0.41 EPS 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.