GSA Capital Partners LLP Decreases Stake in Lands’ End, Inc. (NASDAQ:LE)

GSA Capital Partners LLP lessened its stake in Lands’ End, Inc. (NASDAQ:LE) by 25.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 29,000 shares of the company’s stock after selling 9,910 shares during the quarter. GSA Capital Partners LLP’s holdings in Lands’ End were worth $501,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Simplicity Wealth LLC boosted its stake in shares of Lands’ End by 2.5% in the 3rd quarter. Simplicity Wealth LLC now owns 28,159 shares of the company’s stock valued at $486,000 after buying an additional 700 shares during the period. Gladius Capital Management LP acquired a new stake in shares of Lands’ End during the 2nd quarter worth about $31,000. BNP Paribas Financial Markets raised its position in shares of Lands’ End by 65.0% during the 1st quarter. BNP Paribas Financial Markets now owns 6,999 shares of the company’s stock worth $76,000 after acquiring an additional 2,757 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Lands’ End by 8.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 53,245 shares of the company’s stock worth $724,000 after acquiring an additional 4,334 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in shares of Lands’ End by 41.6% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,962 shares of the company’s stock worth $163,000 after acquiring an additional 4,392 shares in the last quarter. Hedge funds and other institutional investors own 37.46% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Lands’ End from a “hold” rating to a “buy” rating in a research report on Friday, September 6th.

Lands’ End Price Performance

Shares of NASDAQ LE opened at $14.80 on Wednesday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.41 and a current ratio of 1.64. Lands’ End, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $19.88. The firm has a market capitalization of $461.61 million, a PE ratio of -3.62 and a beta of 2.78. The stock’s 50-day simple moving average is $16.40 and its 200-day simple moving average is $15.35.

Lands’ End (NASDAQ:LE) last issued its earnings results on Thursday, September 5th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.08. The business had revenue of $317.17 million for the quarter, compared to analyst estimates of $306.00 million. Lands’ End had a negative return on equity of 1.03% and a negative net margin of 9.20%. As a group, equities research analysts forecast that Lands’ End, Inc. will post 0.37 EPS 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.