Alambic Investment Management L.P. Has $395,000 Holdings in Tilly’s Inc (TLYS)

Alambic Investment Management L.P. cut its holdings in Tilly’s Inc (NYSE:TLYS) by 80.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,853 shares of the specialty retailer’s stock after selling 84,936 shares during the period. Alambic Investment Management L.P. owned about 0.07% of Tilly’s worth $395,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of TLYS. Harvest Fund Management Co. Ltd acquired a new stake in Tilly’s in the third quarter valued at $138,000. Victory Capital Management Inc. acquired a new stake in Tilly’s in the third quarter valued at $210,000. Dynamic Technology Lab Private Ltd acquired a new stake in Tilly’s in the second quarter valued at $262,000. Citadel Advisors LLC raised its stake in Tilly’s by 222.5% in the second quarter. Citadel Advisors LLC now owns 19,225 shares of the specialty retailer’s stock valued at $291,000 after buying an additional 34,925 shares in the last quarter. Finally, Dupont Capital Management Corp acquired a new stake in Tilly’s in the third quarter valued at $330,000. Institutional investors own 57.08% of the company’s stock.

TLYS opened at $15.29 on Monday. Tilly’s Inc has a one year low of $10.72 and a one year high of $25.46. The stock has a market cap of $448.12 million, a PE ratio of 23.52, a PEG ratio of 1.57 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last posted its earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.03. Tilly’s had a return on equity of 15.08% and a net margin of 4.41%. The business had revenue of $157.41 million for the quarter, compared to analysts’ expectations of $155.30 million. During the same quarter in the previous year, the firm earned ($0.11) earnings per share. The business’s revenue was up 13.4% compared to the same quarter last year. Research analysts forecast that Tilly’s Inc will post 0.88 EPS for the current fiscal year.

In related news, insider Hezy Shaked sold 517,294 shares of the firm’s stock in a transaction dated Friday, September 14th. The stock was sold at an average price of $18.50, for a total transaction of $9,569,939.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Seth R. Johnson sold 7,500 shares of the firm’s stock in a transaction dated Friday, September 28th. The stock was sold at an average price of $19.03, for a total value of $142,725.00. Following the transaction, the director now directly owns 66,362 shares in the company, valued at approximately $1,262,868.86. The disclosure for this sale can be found here. Insiders have sold 5,413,521 shares of company stock worth $100,222,814 in the last quarter. Insiders own 48.26% of the company’s stock.

A number of analysts have weighed in on TLYS shares. Bank of America began coverage on Tilly’s in a research note on Wednesday, October 24th. They issued a “buy” rating and a $20.00 price target on the stock. ValuEngine cut Tilly’s from a “buy” rating to a “hold” rating in a research report on Tuesday, November 20th. Pivotal Research set a $21.00 target price on Tilly’s and gave the stock a “buy” rating in a research report on Sunday, September 2nd. Zacks Investment Research cut Tilly’s from a “hold” rating to a “sell” rating in a research report on Saturday, November 17th. Finally, B. Riley lifted their target price on Tilly’s from $17.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, September 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. Tilly’s presently has an average rating of “Hold” and an average price target of $22.40.

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Tilly’s Profile

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Institutional Ownership by Quarter for Tilly`s (NYSE:TLYS)

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