Empowered Funds LLC Sells 10,000 Shares of Tilly’s, Inc. (NYSE:TLYS)

Empowered Funds LLC reduced its position in Tilly’s, Inc. (NYSE:TLYS) by 10.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,724 shares of the specialty retailer’s stock after selling 10,000 shares during the quarter. Empowered Funds LLC owned approximately 0.28% of Tilly’s worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of TLYS. Barclays PLC grew its position in shares of Tilly’s by 230.7% during the third quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock worth $102,000 after purchasing an additional 13,921 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Tilly’s by 58.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,964 shares of the specialty retailer’s stock worth $56,000 after purchasing an additional 4,045 shares during the period. Jane Street Group LLC grew its holdings in Tilly’s by 113.6% during the 3rd quarter. Jane Street Group LLC now owns 55,632 shares of the specialty retailer’s stock valued at $284,000 after buying an additional 29,581 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Tilly’s by 2.6% during the third quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock valued at $2,029,000 after buying an additional 10,258 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new position in shares of Tilly’s in the third quarter worth $297,000. 76.38% of the stock is owned by hedge funds and other institutional investors.

Tilly’s Price Performance

Shares of TLYS opened at $3.76 on Friday. The stock has a market capitalization of $113.21 million, a price-to-earnings ratio of -2.12 and a beta of 1.55. Tilly’s, Inc. has a 1 year low of $3.22 and a 1 year high of $7.76. The business’s 50 day simple moving average is $4.01 and its 200-day simple moving average is $4.35.

Tilly’s (NYSE:TLYS) last released its quarterly earnings results on Thursday, December 5th. The specialty retailer reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.16). Tilly’s had a negative net margin of 8.92% and a negative return on equity of 25.44%. During the same quarter in the previous year, the company posted ($0.03) EPS. On average, sell-side analysts expect that Tilly’s, Inc. will post -1.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TLYS. B. Riley cut their target price on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, December 6th. StockNews.com lowered Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday, December 9th.

Tilly’s Company Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.