Gamco Investors INC. ET AL Has $1.68 Million Stake in Lands’ End, Inc. (LE)

Gamco Investors INC. ET AL lifted its stake in Lands’ End, Inc. (NASDAQ:LE) by 2.0% in the first quarter, HoldingsChannel.com reports. The fund owned 101,000 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Gamco Investors INC. ET AL’s holdings in Lands’ End were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Lands’ End by 3.1% during the third quarter. Vanguard Group Inc. now owns 971,479 shares of the company’s stock valued at $17,049,000 after buying an additional 28,934 shares during the period. Towerview LLC boosted its stake in Lands’ End by 33.9% during the fourth quarter. Towerview LLC now owns 375,000 shares of the company’s stock valued at $5,329,000 after buying an additional 95,000 shares during the period. Renaissance Technologies LLC boosted its stake in Lands’ End by 67.3% during the third quarter. Renaissance Technologies LLC now owns 286,814 shares of the company’s stock valued at $5,034,000 after buying an additional 115,331 shares during the period. TIAA CREF Investment Management LLC boosted its stake in Lands’ End by 22.7% during the third quarter. TIAA CREF Investment Management LLC now owns 190,557 shares of the company’s stock valued at $3,344,000 after buying an additional 35,277 shares during the period. Finally, Teachers Advisors LLC boosted its stake in Lands’ End by 23.1% during the third quarter. Teachers Advisors LLC now owns 138,982 shares of the company’s stock valued at $2,439,000 after buying an additional 26,071 shares during the period. 51.43% of the stock is owned by hedge funds and other institutional investors.

Shares of LE stock opened at $15.19 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.44 and a quick ratio of 1.10. Lands’ End, Inc. has a 12-month low of $12.27 and a 12-month high of $31.15. The stock has a market cap of $478.67 million, a price-to-earnings ratio of 41.28 and a beta of 0.82.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings results on Thursday, March 21st. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.09. Lands’ End had a return on equity of 3.77% and a net margin of 0.80%. The firm had revenue of $502.30 million during the quarter, compared to analyst estimates of $474.73 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue was down 1.6% compared to the same quarter last year. Equities research analysts anticipate that Lands’ End, Inc. will post 0.35 earnings per share for the current fiscal year.

Separately, BidaskClub lowered Lands’ End from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd.

TRADEMARK VIOLATION NOTICE: “Gamco Investors INC. ET AL Has $1.68 Million Stake in Lands’ End, Inc. (LE)” was posted by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.baseballdailydigest.com/news/2019/05/15/gamco-investors-inc-et-al-has-1-68-million-stake-in-lands-end-inc-le.html.

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.

Read More: Technical Indicators – What is a Golden Cross?

Want to see what other hedge funds are holding LE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lands’ End, Inc. (NASDAQ:LE).

Institutional Ownership by Quarter for Lands` End (NASDAQ:LE)

Receive News & Ratings for Lands' End Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lands' End and related companies with MarketBeat.com's FREE daily email newsletter.