JPMorgan Chase & Co. grew its holdings in Lands’ End, Inc. (NASDAQ:LE – Free Report) by 48.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 211,916 shares of the company’s stock after acquiring an additional 69,099 shares during the quarter. JPMorgan Chase & Co. owned 0.69% of Lands’ End worth $3,660,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of LE. American Century Companies Inc. raised its holdings in Lands’ End by 111.2% in the 2nd quarter. American Century Companies Inc. now owns 205,087 shares of the company’s stock valued at $2,787,000 after acquiring an additional 107,966 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Lands’ End during the second quarter valued at approximately $881,000. Squarepoint Ops LLC acquired a new position in shares of Lands’ End in the second quarter valued at $786,000. AQR Capital Management LLC bought a new position in Lands’ End in the second quarter worth $353,000. Finally, XTX Topco Ltd acquired a new stake in Lands’ End during the second quarter worth $343,000. Institutional investors and hedge funds own 37.46% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Lands’ End from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.
Lands’ End Stock Up 1.1 %
Shares of LE opened at $13.05 on Friday. The company has a quick ratio of 0.45, a current ratio of 1.74 and a debt-to-equity ratio of 1.29. The company has a 50-day moving average price of $14.36 and a two-hundred day moving average price of $15.40. The stock has a market cap of $403.64 million, a price-to-earnings ratio of -19.77 and a beta of 2.75. Lands’ End, Inc. has a 12 month low of $7.64 and a 12 month high of $19.88.
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.
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