Connor Clark & Lunn Investment Management Ltd. Has $509,000 Holdings in Lands’ End, Inc. (NASDAQ:LE)

Connor Clark & Lunn Investment Management Ltd. lowered its stake in Lands’ End, Inc. (NASDAQ:LE) by 7.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,705 shares of the company’s stock after selling 3,300 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.13% of Lands’ End worth $509,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in LE. Barclays PLC increased its stake in shares of Lands’ End by 82.3% in the third 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 period. State Street Corp increased its stake in shares of Lands’ End by 0.9% in the third quarter. State Street Corp now owns 294,053 shares of the company’s stock worth $5,078,000 after purchasing an additional 2,556 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Lands’ End by 48.4% in the third quarter. JPMorgan Chase & Co. now owns 211,916 shares of the company’s stock worth $3,660,000 after purchasing an additional 69,099 shares during the period. Geode Capital Management LLC increased its stake in shares of Lands’ End by 0.6% in the third quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock worth $5,432,000 after purchasing an additional 1,729 shares during the period. Finally, Empowered Funds LLC increased its stake in shares of Lands’ End by 5.1% in the fourth quarter. Empowered Funds LLC now owns 64,714 shares of the company’s stock worth $850,000 after purchasing an additional 3,152 shares during the period. Institutional investors and hedge funds own 37.46% of the company’s stock.

Lands’ End Trading Up 0.9 %

LE stock opened at $10.25 on Friday. Lands’ End, Inc. has a 1-year low of $8.51 and a 1-year high of $19.88. The firm has a market cap of $317.03 million, a P/E ratio of -15.53 and a beta of 2.80. The business’s 50 day moving average is $11.92 and its 200-day moving average is $14.19. The company has a current ratio of 1.74, a quick ratio of 0.45 and a debt-to-equity ratio of 1.29.

Lands’ End (NASDAQ:LE) last announced its earnings results on Thursday, March 20th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.01). The business had revenue of $441.66 million during the quarter, compared to analyst estimates of $458.69 million. Lands’ End had a positive return on equity of 1.24% and a negative net margin of 1.46%. During the same period in the previous year, the firm earned $0.25 earnings per share. Equities analysts anticipate that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Lands’ End from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 17th.

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.