Charles Schwab Investment Management Inc. Raises Stake in Lands’ End, Inc. (NASDAQ:LE)

Charles Schwab Investment Management Inc. increased its holdings in Lands’ End, Inc. (NASDAQ:LE) by 3.3% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 102,706 shares of the company’s stock after buying an additional 3,288 shares during the period. Charles Schwab Investment Management Inc. owned 0.33% of Lands’ End worth $1,774,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of LE. SG Americas Securities LLC bought a new position in shares of Lands’ End during the third quarter valued at about $101,000. XTX Topco Ltd purchased a new position in shares of Lands’ End during the second quarter valued at approximately $343,000. AQR Capital Management LLC purchased a new position in shares of Lands’ End in the 2nd quarter worth about $353,000. Simplicity Wealth LLC lifted its position in Lands’ End by 2.5% in the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock valued at $486,000 after acquiring an additional 700 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. purchased a new position in shares of Lands’ End during the second quarter valued at approximately $540,000. Hedge funds and other institutional investors own 37.46% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Lands’ End from a “buy” rating to a “strong-buy” rating in a report on Monday, December 9th.

Lands’ End Price Performance

NASDAQ LE opened at $14.24 on Tuesday. The firm has a market capitalization of $440.44 million, a price-to-earnings ratio of -21.58 and a beta of 2.76. Lands’ End, Inc. has a 52 week low of $7.64 and a 52 week high of $19.88. The company has a fifty day moving average of $16.08 and a two-hundred day moving average of $15.50. The company has a quick ratio of 0.45, a current ratio of 1.74 and a debt-to-equity ratio of 1.29.

Lands’ End 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.