Lands’ End, Inc. (NASDAQ:LE) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in Lands’ End, Inc. (NASDAQ:LE) by 25.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,000 shares of the company’s stock after selling 9,910 shares during the quarter. GSA Capital Partners LLP owned about 0.09% of Lands’ End worth $501,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Gladius Capital Management LP acquired a new stake in shares of Lands’ End in the 2nd quarter worth $31,000. BNP Paribas Financial Markets increased its stake in shares of Lands’ End by 65.0% in the 1st quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after acquiring an additional 2,757 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Lands’ End during the 3rd quarter worth about $101,000. O Shaughnessy Asset Management LLC increased its position in shares of Lands’ End by 41.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock worth $163,000 after purchasing an additional 4,392 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Lands’ End during the 2nd quarter worth about $343,000. 37.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised Lands’ End from a “hold” rating to a “buy” rating in a research report on Friday, September 6th.

Lands’ End Stock Down 1.6 %

Shares of NASDAQ:LE opened at $14.80 on Wednesday. The business has a 50-day moving average price of $16.40 and a 200 day moving average price of $15.35. The company has a current ratio of 1.64, a quick ratio of 0.41 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $461.61 million, a price-to-earnings ratio of -3.62 and a beta of 2.78. Lands’ End, Inc. has a 12-month low of $6.35 and a 12-month high of $19.88.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings data on Thursday, September 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. Lands’ End had a negative return on equity of 1.03% and a negative net margin of 9.20%. The firm had revenue of $317.17 million during the quarter, compared to the consensus estimate of $306.00 million. Sell-side analysts expect that Lands’ End, Inc. will post 0.37 EPS for the current year.

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.