Lands’ End (NASDAQ:LE) Stock Rating Lowered by StockNews.com

Lands’ End (NASDAQ:LE) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

Lands’ End Stock Performance

NASDAQ LE opened at $12.91 on Wednesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45. The stock has a market capitalization of $399.31 million, a PE ratio of -19.56 and a beta of 2.75. Lands’ End has a 1-year low of $7.64 and a 1-year high of $19.88. The business has a 50 day simple moving average of $14.42 and a two-hundred day simple moving average of $15.38.

Institutional Investors Weigh In On Lands’ End

Institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new position in shares of Lands’ End in the third quarter worth about $101,000. XTX Topco Ltd purchased a new stake in Lands’ End during the second quarter valued at approximately $343,000. AQR Capital Management LLC acquired a new stake in shares of Lands’ End in the 2nd quarter worth $353,000. Simplicity Wealth LLC boosted its holdings in Lands’ End by 2.5% in the third quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock worth $486,000 after acquiring an additional 700 shares in the last quarter. Finally, Barclays PLC grew its position in Lands’ End by 82.3% during the 3rd quarter. Barclays PLC now owns 29,940 shares of the company’s stock worth $517,000 after purchasing an additional 13,520 shares during the last quarter. 37.46% of the stock is owned by institutional investors.

About Lands’ End

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.