Geode Capital Management LLC Has $5.43 Million Position in Lands’ End, Inc. (NASDAQ:LE)

Geode Capital Management LLC raised its stake in Lands’ End, Inc. (NASDAQ:LE) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 314,514 shares of the company’s stock after buying an additional 1,729 shares during the quarter. Geode Capital Management LLC’s holdings in Lands’ End were worth $5,432,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bank of New York Mellon Corp lifted its holdings in shares of Lands’ End by 8.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 53,245 shares of the company’s stock valued at $724,000 after buying an additional 4,334 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Lands’ End in the second quarter valued at approximately $2,012,000. ClariVest Asset Management LLC bought a new stake in Lands’ End in the second quarter worth approximately $1,424,000. American Century Companies Inc. increased its stake in shares of Lands’ End by 111.2% during the 2nd quarter. American Century Companies Inc. now owns 205,087 shares of the company’s stock worth $2,787,000 after purchasing an additional 107,966 shares during the last quarter. Finally, Cornercap Investment Counsel Inc. bought a new position in shares of Lands’ End during the 2nd quarter valued at $540,000. 37.46% of the stock is currently owned by hedge funds and other institutional investors.

Lands’ End Stock Up 1.4 %

LE opened at $13.43 on Friday. The firm has a market cap of $415.39 million, a P/E ratio of -20.35 and a beta of 2.75. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74. The business has a 50 day moving average price of $15.00 and a 200 day moving average price of $15.41. Lands’ End, Inc. has a twelve month low of $7.64 and a twelve month high of $19.88.

Analyst Upgrades and Downgrades

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

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.