Lands’ End (NASDAQ:LE) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Lands’ End (NASDAQ:LE – Get Rating) in a research report released on Thursday morning. The brokerage issued a sell rating on the stock.

Other research analysts also recently issued research reports about the company. Telsey Advisory Group lowered their price target on Lands’ End to $14.00 in a report on Friday, December 2nd. TheStreet downgraded Lands’ End from a c rating to a d+ rating in a report on Monday, December 5th. Finally, Craig Hallum lowered their price target on Lands’ End to $9.00 in a report on Friday, December 2nd.

Lands’ End Trading Up 7.4 %

Shares of LE traded up $0.60 during trading hours on Thursday, hitting $8.67. 402,516 shares of the company were exchanged, compared to its average volume of 202,138. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.35 and a current ratio of 1.92. The firm has a fifty day simple moving average of $8.23 and a 200-day simple moving average of $8.83. Lands’ End has a one year low of $6.31 and a one year high of $21.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LE. Chilton Investment Co. Inc. grew its stake in Lands’ End by 188.5% in the second quarter. Chilton Investment Co. Inc. now owns 750,247 shares of the company’s stock valued at $7,968,000 after purchasing an additional 490,191 shares in the last quarter. Towerview LLC grew its stake in Lands’ End by 52.6% in the third quarter. Towerview LLC now owns 686,584 shares of the company’s stock valued at $5,300,000 after purchasing an additional 236,584 shares in the last quarter. Federated Hermes Inc. grew its stake in Lands’ End by 356.9% in the second quarter. Federated Hermes Inc. now owns 192,274 shares of the company’s stock valued at $2,042,000 after purchasing an additional 150,193 shares in the last quarter. Frontier Capital Management Co. LLC grew its stake in Lands’ End by 10.5% in the third quarter. Frontier Capital Management Co. LLC now owns 1,439,421 shares of the company’s stock valued at $11,112,000 after purchasing an additional 136,820 shares in the last quarter. Finally, Penserra Capital Management LLC grew its stake in Lands’ End by 21.0% in the fourth quarter. Penserra Capital Management LLC now owns 454,048 shares of the company’s stock valued at $3,446,000 after purchasing an additional 78,748 shares in the last quarter. Hedge funds and other institutional investors own 37.42% of the company’s stock.

About Lands’ End

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Lands’ End, Inc is a multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. It operates through the following segments: US eCommerce, Outfitters, Europe eCommerce, Japan eCommerce, Third Party, and Retail. The company was founded by Gary C. Comer in 1963 and is headquartered in Dodgeville, WI.