Point72 Asset Management L.P. purchased a new position in Lands' End, Inc. (NASDAQ:LE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 689,200 shares of the company’s stock, valued at approximately $9,097,000. Point72 Asset Management L.P. owned about 2.15% of Lands' End as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Morgan Stanley grew its stake in shares of Lands' End by 82.8% in the 1st quarter. Morgan Stanley now owns 93,316 shares of the company’s stock worth $2,002,000 after buying an additional 42,268 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in Lands' End during the 2nd quarter valued at $56,050,000. Teton Advisors Inc. boosted its stake in Lands' End by 27.5% during the 3rd quarter. Teton Advisors Inc. now owns 88,000 shares of the company’s stock valued at $1,162,000 after purchasing an additional 19,000 shares during the last quarter. Frontier Capital Management Co. LLC purchased a new stake in Lands' End during the 3rd quarter valued at $5,697,000. Finally, Gabelli Funds LLC boosted its stake in Lands' End by 27.8% during the 3rd quarter. Gabelli Funds LLC now owns 92,000 shares of the company’s stock valued at $1,214,000 after purchasing an additional 20,000 shares during the last quarter. Institutional investors own 48.22% of the company’s stock.

Several analysts have commented on LE shares. BidaskClub upgraded Lands' End from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 25th. Zacks Investment Research downgraded Lands' End from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, ValuEngine upgraded Lands' End from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.50.

Shares of Lands' End, Inc. (NASDAQ:LE) opened at $18.50 on Friday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.69 and a current ratio of 2.29. Lands' End, Inc. has a 52 week low of $10.55 and a 52 week high of $24.80. The company has a market capitalization of $580.96, a price-to-earnings ratio of 301.67, a price-to-earnings-growth ratio of 11.31 and a beta of 0.33.

Lands' End (NASDAQ:LE) last issued its earnings results on Tuesday, December 5th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.16. Lands' End had a positive return on equity of 0.55% and a negative net margin of 7.85%. The business had revenue of $325.50 million for the quarter, compared to the consensus estimate of $320.15 million. During the same period last year, the business posted ($0.14) EPS. The company’s revenue was up 4.5% compared to the same quarter last year. equities research analysts anticipate that Lands' End, Inc. will post 0.08 earnings per share for the current year.

In other news, major shareholder Edward S. Lampert purchased 18,403 shares of the stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average cost of $10.83 per share, with a total value of $199,304.49. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Edward S. Lampert purchased 149,844 shares of the stock in a transaction dated Tuesday, October 31st. The shares were purchased at an average cost of $10.81 per share, for a total transaction of $1,619,813.64. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 229,925 shares of company stock worth $2,500,536. Company insiders own 0.51% of the company’s stock.

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About Lands' End

Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.

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

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