Lands’ End, Inc. (NASDAQ:LE) Shares Acquired by State Street Corp

State Street Corp boosted its stake in Lands’ End, Inc. (NASDAQ:LE) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,053 shares of the company’s stock after buying an additional 2,556 shares during the period. State Street Corp owned 0.94% of Lands’ End worth $5,078,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Petrus Trust Company LTA increased its stake in shares of Lands’ End by 33.9% in the third quarter. Petrus Trust Company LTA now owns 38,100 shares of the company’s stock valued at $658,000 after purchasing an additional 9,655 shares during the period. Charles Schwab Investment Management Inc. increased its position in Lands’ End by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock valued at $1,774,000 after acquiring an additional 3,288 shares during the period. Empowered Funds LLC raised its stake in Lands’ End by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 61,562 shares of the company’s stock valued at $1,063,000 after acquiring an additional 3,082 shares in the last quarter. Simplicity Wealth LLC boosted its position in Lands’ End by 2.5% during the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock worth $486,000 after acquiring an additional 700 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Lands’ End in the third quarter worth $101,000. 37.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Lands’ End from a “buy” rating to a “strong-buy” rating in a research note on Monday, December 9th.

Lands’ End Price Performance

NASDAQ LE opened at $13.40 on Monday. Lands’ End, Inc. has a 12 month low of $7.64 and a 12 month high of $19.88. The firm has a market capitalization of $414.46 million, a PE ratio of -20.30 and a beta of 2.76. The company’s 50 day simple moving average is $15.32 and its 200 day simple moving average is $15.47. 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 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.