Tilly's (TLYS) Downgraded to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of Tilly's (NYSE:TLYS) from a buy rating to a hold rating in a report published on Friday morning.

According to Zacks, “Tilly’s, Inc. is a specialty retailer in the action sports industry selling clothing, shoes and accessories. The Company distributes t-shirts, sweatshirts, jackets, shorts, pants, jeans, sweaters, swimwear, shoes and accessories for men, women and kids through its website. It sells denim apparel and cologne for guys, boys and juniors and apparel, footwear and accessories for juniors and girls under RSQ, Full Tilt, Blue Crown and Infamous brand names. Tilly’s, Inc. is based in Irvine, California. “

How to Become a New Pot Stock Millionaire

A number of other equities analysts have also commented on TLYS. B. Riley set a $17.00 price target on shares of Tilly's and gave the company a buy rating in a research report on Tuesday, March 13th. Roth Capital set a $17.00 target price on shares of Tilly's and gave the stock a buy rating in a research note on Friday, December 1st. Finally, ValuEngine raised shares of Tilly's from a hold rating to a buy rating in a research note on Thursday, November 30th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Tilly's currently has a consensus rating of Buy and a consensus price target of $15.67.

Tilly's (NYSE TLYS) opened at $11.35 on Friday. The company has a market cap of $327.40, a PE ratio of 17.73 and a beta of -0.39. Tilly's has a 12-month low of $8.02 and a 12-month high of $16.57.

In other Tilly's news, insider Hezy Shaked sold 20,000 shares of the business’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $11.84, for a total value of $236,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Tilly Levine sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 27th. The stock was sold at an average price of $15.45, for a total transaction of $154,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 240,000 shares of company stock valued at $3,322,500. Insiders own 50.12% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC raised its position in shares of Tilly's by 195.0% in the fourth quarter. Millennium Management LLC now owns 370,804 shares of the specialty retailer’s stock valued at $5,473,000 after purchasing an additional 245,115 shares during the period. Cornerstone Capital Management Holdings LLC. raised its position in shares of Tilly's by 1,374.3% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 51,600 shares of the specialty retailer’s stock valued at $760,000 after purchasing an additional 48,100 shares during the period. Two Sigma Investments LP raised its position in shares of Tilly's by 260.6% in the fourth quarter. Two Sigma Investments LP now owns 103,743 shares of the specialty retailer’s stock valued at $1,531,000 after purchasing an additional 74,972 shares during the period. Ellington Management Group LLC bought a new position in shares of Tilly's in the fourth quarter valued at about $214,000. Finally, Goldman Sachs Group Inc. raised its position in shares of Tilly's by 31.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 79,839 shares of the specialty retailer’s stock valued at $1,178,000 after purchasing an additional 19,251 shares during the period. 46.87% of the stock is currently owned by institutional investors.

WARNING: “Tilly's (TLYS) Downgraded to Hold at Zacks Investment Research” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/3301025/tillys-tlys-downgraded-to-hold-at-zacks-investment-research.html.

About Tilly's

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.

Get a free copy of the Zacks research report on Tilly's (TLYS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Tilly's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilly's and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

RTI Surgical  Lowered to Sell at BidaskClub
RTI Surgical Lowered to Sell at BidaskClub
Ovid Therapeutics  Earns Buy Rating from Analysts at Ladenburg Thalmann
Ovid Therapeutics Earns Buy Rating from Analysts at Ladenburg Thalmann
Vocera Communications  Stock Rating Upgraded by Zacks Investment Research
Vocera Communications Stock Rating Upgraded by Zacks Investment Research
BidaskClub Lowers Lakeland Financial  to Hold
BidaskClub Lowers Lakeland Financial to Hold
Microsoft  Given a $103.00 Price Target at Goldman Sachs
Microsoft Given a $103.00 Price Target at Goldman Sachs
Vipshop  Downgraded to “Hold” at Zacks Investment Research
Vipshop Downgraded to “Hold” at Zacks Investment Research


© 2006-2018 Ticker Report. Google+.