Charles Schwab Investment Management Inc. Decreases Stock Holdings in Tilly’s, Inc. (NYSE:TLYS)

Charles Schwab Investment Management Inc. reduced its position in shares of Tilly’s, Inc. (NYSE:TLYS) by 22.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,968 shares of the specialty retailer’s stock after selling 9,759 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.11% of Tilly’s worth $144,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of Tilly’s by 58.5% during the third quarter. JPMorgan Chase & Co. now owns 10,964 shares of the specialty retailer’s stock valued at $56,000 after acquiring an additional 4,045 shares during the last quarter. Barclays PLC increased its holdings in Tilly’s by 230.7% during the 3rd quarter. Barclays PLC now owns 19,955 shares of the specialty retailer’s stock valued at $102,000 after purchasing an additional 13,921 shares during the period. Virtu Financial LLC bought a new position in Tilly’s during the 3rd quarter valued at approximately $108,000. Jane Street Group LLC raised its position 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 purchasing an additional 29,581 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Tilly’s by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 397,717 shares of the specialty retailer’s stock worth $2,029,000 after buying an additional 10,258 shares during the period. Hedge funds and other institutional investors own 76.38% of the company’s stock.

Tilly’s Stock Performance

Shares of NYSE:TLYS opened at $2.22 on Wednesday. The stock has a 50 day moving average price of $3.50 and a 200-day moving average price of $3.96. The firm has a market capitalization of $66.94 million, a P/E ratio of -1.25 and a beta of 1.58. Tilly’s, Inc. has a 52-week low of $2.05 and a 52-week high of $6.90.

Analyst Ratings Changes

A number of brokerages recently commented on TLYS. B. Riley decreased their target price on Tilly’s from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Friday, December 6th. Roth Mkm decreased their price objective on shares of Tilly’s from $5.00 to $2.50 and set a “neutral” rating for the company in a report on Friday, March 14th. Finally, StockNews.com cut shares of Tilly’s from a “hold” rating to a “sell” rating in a research report on Monday, December 9th.

About Tilly’s

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.