Lands’ End, Inc. (NASDAQ:LE) Shares Bought by Empowered Funds LLC

Empowered Funds LLC grew its position in Lands’ End, Inc. (NASDAQ:LE) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 64,714 shares of the company’s stock after acquiring an additional 3,152 shares during the period. Empowered Funds LLC owned about 0.21% of Lands’ End worth $850,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Geode Capital Management LLC increased its stake in Lands’ End by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock worth $5,432,000 after buying an additional 1,729 shares in the last quarter. State Street Corp increased its position in shares of Lands’ End by 0.9% during 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 in the last quarter. JPMorgan Chase & Co. raised its stake in Lands’ End by 48.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 211,916 shares of the company’s stock valued at $3,660,000 after purchasing an additional 69,099 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Lands’ End by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 102,706 shares of the company’s stock valued at $1,774,000 after purchasing an additional 3,288 shares in the last quarter. Finally, Petrus Trust Company LTA boosted its stake in Lands’ End by 33.9% during the 3rd quarter. Petrus Trust Company LTA now owns 38,100 shares of the company’s stock worth $658,000 after purchasing an additional 9,655 shares during the last quarter. 37.46% of the stock is owned by hedge funds and other institutional investors.

Lands’ End Price Performance

LE stock opened at $11.91 on Tuesday. Lands’ End, Inc. has a 1 year low of $7.64 and a 1 year high of $19.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.74 and a quick ratio of 0.45. The firm has a market capitalization of $368.38 million, a PE ratio of -18.05 and a beta of 2.71. The business has a 50 day simple moving average of $13.08 and a 200-day simple moving average of $14.86.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Thursday, December 5th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. Lands’ End had a negative net margin of 1.46% and a positive return on equity of 1.24%. Equities research analysts anticipate that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Lands’ End from a “strong-buy” rating to a “buy” rating in a research note on Monday.

About Lands’ End

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.