Lands’ End, Inc. (NASDAQ:LE) Position Increased by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its position in Lands’ End, Inc. (NASDAQ:LE) by 8.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,245 shares of the company’s stock after buying an additional 4,334 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.17% of Lands’ End worth $724,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in LE. Gladius Capital Management LP acquired a new stake in Lands’ End during the 2nd quarter worth about $31,000. BNP Paribas Financial Markets boosted its holdings in shares of Lands’ End by 65.0% during the first quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after purchasing an additional 2,757 shares during the period. Jump Financial LLC purchased a new position in Lands’ End during the fourth quarter valued at approximately $115,000. O Shaughnessy Asset Management LLC increased its stake in Lands’ End by 41.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock valued at $163,000 after buying an additional 4,392 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in Lands’ End in the 4th quarter worth approximately $175,000. 37.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Lands’ End from a “hold” rating to a “buy” rating in a research note on Friday, September 6th.

Lands’ End Price Performance

Shares of Lands’ End stock opened at $16.50 on Monday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.64 and a quick ratio of 0.41. The company has a market cap of $518.20 million, a PE ratio of -3.89 and a beta of 2.78. The firm has a fifty day moving average price of $15.64 and a two-hundred day moving average price of $13.75. Lands’ End, Inc. has a fifty-two week low of $5.98 and a fifty-two week high of $18.27.

Lands’ End Company Profile

Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products 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.