James Investment Research Inc. decreased its position in Tilly’s Inc (NYSE:TLYS) by 68.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,725 shares of the specialty retailer’s stock after selling 110,355 shares during the quarter. James Investment Research Inc. owned 0.17% of Tilly’s worth $551,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Tilly’s by 23,687.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 608,482 shares of the specialty retailer’s stock valued at $11,530,000 after acquiring an additional 605,924 shares during the last quarter. Vanguard Group Inc increased its holdings in shares of Tilly’s by 84.7% in the 3rd quarter. Vanguard Group Inc now owns 1,095,583 shares of the specialty retailer’s stock valued at $20,761,000 after acquiring an additional 502,560 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Tilly’s by 84.7% in the third quarter. Vanguard Group Inc. now owns 1,095,583 shares of the specialty retailer’s stock valued at $20,761,000 after acquiring an additional 502,560 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Tilly’s in the third quarter valued at $5,873,000. Finally, Renaissance Technologies LLC grew its stake in shares of Tilly’s by 41.0% during the third quarter. Renaissance Technologies LLC now owns 1,035,400 shares of the specialty retailer’s stock valued at $19,621,000 after purchasing an additional 301,000 shares during the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.
In other Tilly’s news, insider Hezy Shaked sold 20,000 shares of the firm’s stock in a transaction on Thursday, December 20th. The shares were sold at an average price of $10.68, for a total value of $213,600.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 48.26% of the company’s stock.
Tilly’s (NYSE:TLYS) last announced its earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. The company had revenue of $146.80 million for the quarter, compared to the consensus estimate of $148.74 million. Tilly’s had a net margin of 4.06% and a return on equity of 14.04%. The company’s revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.31 EPS. As a group, equities research analysts predict that Tilly’s Inc will post 0.79 earnings per share for the current year.
The firm also recently declared a dividend, which will be paid on Wednesday, February 27th. Shareholders of record on Friday, February 15th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, February 14th.
Several research analysts have issued reports on TLYS shares. B. Riley dropped their price target on Tilly’s from $21.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, December 6th. Pivotal Research raised Tilly’s from a “hold” rating to a “buy” rating and dropped their price target for the stock from $17.00 to $14.00 in a research report on Thursday, December 6th. Bank of America began coverage on shares of Tilly’s in a research note on Wednesday, October 24th. They set a “buy” rating and a $20.00 price objective on the stock. Roth Capital set a $18.00 target price on shares of Tilly’s and gave the company a “buy” rating in a research note on Thursday, November 29th. Finally, Zacks Investment Research cut Tilly’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 31st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $18.40.
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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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