Craig Hallum upgraded shares of Lands’ End (NASDAQ:LE) from a hold rating to a buy rating in a report issued on Tuesday, The Fly reports.
Separately, BidaskClub lowered shares of Lands’ End from a buy rating to a hold rating in a research note on Friday, March 22nd.
Lands’ End stock opened at $12.85 on Tuesday. Lands’ End has a 52 week low of $11.80 and a 52 week high of $31.15. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.44 and a quick ratio of 1.10. The company has a market capitalization of $385.57 million, a P/E ratio of 33.25 and a beta of 1.08.
Several large investors have recently modified their holdings of the business. BNP Paribas Arbitrage SA raised its holdings in shares of Lands’ End by 1,107.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,826 shares of the company’s stock valued at $47,000 after purchasing an additional 2,592 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Lands’ End by 34.6% during the 4th quarter. Rhumbline Advisers now owns 16,516 shares of the company’s stock valued at $235,000 after purchasing an additional 4,243 shares in the last quarter. Alambic Investment Management L.P. bought a new position in shares of Lands’ End during the 1st quarter valued at $251,000. Stone Ridge Asset Management LLC bought a new position in shares of Lands’ End during the 4th quarter valued at $266,000. Finally, Jane Street Group LLC bought a new position in shares of Lands’ End during the 4th quarter valued at $324,000. 50.69% of the stock is owned by institutional investors.
About Lands’ End
Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through U.S. eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, and Retail segments. It offers casual clothing, accessories, footwear, and home products.
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