Millennium Management LLC boosted its position in shares of Tilly’s (NYSE:TLYS) by 195.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 370,804 shares of the specialty retailer’s stock after purchasing an additional 245,115 shares during the period. Millennium Management LLC’s holdings in Tilly’s were worth $5,473,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of TLYS. Wells Fargo & Company MN grew its holdings in Tilly’s by 74.7% during the 3rd quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock valued at $133,000 after purchasing an additional 5,167 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Tilly’s by 1,159.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 10,855 shares of the specialty retailer’s stock valued at $160,000 after purchasing an additional 9,993 shares during the last quarter. Ellington Management Group LLC bought a new position in Tilly’s during the 4th quarter valued at about $214,000. Virtu Financial LLC bought a new position in Tilly’s during the 4th quarter valued at about $230,000. Finally, Citadel Advisors LLC grew its holdings in Tilly’s by 40.0% during the 4th quarter. Citadel Advisors LLC now owns 22,617 shares of the specialty retailer’s stock valued at $334,000 after purchasing an additional 6,460 shares during the last quarter. Institutional investors own 46.85% of the company’s stock.
In other news, insider Hezy Shaked sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 7th. The shares were sold at an average price of $13.62, for a total value of $136,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Tilly Levine sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 27th. The stock was sold at an average price of $11.30, for a total transaction of $226,000.00. The disclosure for this sale can be found here. Insiders sold a total of 250,000 shares of company stock worth $3,275,700 over the last 90 days. Insiders own 50.12% of the company’s stock.
Several equities analysts recently commented on TLYS shares. Zacks Investment Research downgraded shares of Tilly’s from a “buy” rating to a “hold” rating in a report on Friday, March 9th. TheStreet downgraded shares of Tilly’s from a “b” rating to a “c+” rating in a research note on Monday, April 2nd. Finally, B. Riley restated a “buy” rating and issued a $17.00 target price (up from $15.00) on shares of Tilly’s in a research note on Friday, January 26th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Tilly’s has an average rating of “Buy” and an average price target of $15.67.
Shares of TLYS stock opened at $12.16 on Tuesday. The stock has a market capitalization of $349.90, a price-to-earnings ratio of 18.63 and a beta of -0.24. Tilly’s has a one year low of $8.04 and a one year high of $16.57.
Tilly’s (NYSE:TLYS) last issued its earnings results on Monday, March 12th. The specialty retailer reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.01). The company had revenue of $164.32 million during the quarter, compared to the consensus estimate of $166.39 million. Tilly’s had a return on equity of 11.03% and a net margin of 2.55%. sell-side analysts anticipate that Tilly’s will post 0.78 earnings per share for the current fiscal year.
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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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