Bank of New York Mellon Corp Has $536,000 Stock Holdings in Lands’ End, Inc. (NASDAQ:LE)

Bank of New York Mellon Corp trimmed its position in Lands’ End, Inc. (NASDAQ:LE) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,775 shares of the company’s stock after selling 1,157 shares during the quarter. Bank of New York Mellon Corp’s holdings in Lands’ End were worth $536,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC increased its position in shares of Lands’ End by 82.3% during the third quarter. Barclays PLC now owns 29,940 shares of the company’s stock worth $517,000 after acquiring an additional 13,520 shares in the last quarter. State Street Corp boosted its stake in Lands’ End by 0.9% during the 3rd quarter. State Street Corp now owns 294,053 shares of the company’s stock valued at $5,078,000 after purchasing an additional 2,556 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Lands’ End by 48.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 211,916 shares of the company’s stock worth $3,660,000 after purchasing an additional 69,099 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Lands’ End by 0.6% in the third quarter. Geode Capital Management LLC now owns 314,514 shares of the company’s stock worth $5,432,000 after purchasing an additional 1,729 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Lands’ End by 5.1% during the fourth quarter. Empowered Funds LLC now owns 64,714 shares of the company’s stock valued at $850,000 after buying an additional 3,152 shares during the last quarter. 37.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com lowered Lands’ End from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 17th.

Lands’ End Trading Up 5.7 %

NASDAQ:LE opened at $10.86 on Friday. Lands’ End, Inc. has a 52 week low of $9.91 and a 52 week high of $19.88. The firm has a 50-day moving average price of $11.75 and a two-hundred day moving average price of $14.10. The firm has a market cap of $335.90 million, a price-to-earnings ratio of -16.45 and a beta of 2.80. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.45 and a current ratio of 1.74.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings results on Thursday, March 20th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The business had revenue of $441.66 million for the quarter, compared to the consensus estimate of $458.69 million. Lands’ End had a positive return on equity of 1.24% and a negative net margin of 1.46%. During the same quarter last year, the business posted $0.25 earnings per share. On average, equities analysts expect that Lands’ End, Inc. will post 0.41 earnings per share for the current fiscal year.

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.