Bank of America Corp DE increased its position in shares of Lands’ End, Inc. (NASDAQ:LE) by 1.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,859 shares of the company’s stock after buying an additional 971 shares during the period. Bank of America Corp DE’s holdings in Lands’ End were worth $1,691,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. American International Group Inc. increased its position in shares of Lands’ End by 7.1% in the first quarter. American International Group Inc. now owns 9,188 shares of the company’s stock worth $197,000 after buying an additional 608 shares during the last quarter. Penserra Capital Management LLC increased its position in shares of Lands’ End by 77.2% in the first quarter. Penserra Capital Management LLC now owns 17,819 shares of the company’s stock worth $382,000 after buying an additional 7,762 shares during the last quarter. OZ Management LP acquired a new position in shares of Lands’ End during the first quarter worth $388,000. SG Americas Securities LLC acquired a new position in shares of Lands’ End during the first quarter worth $389,000. Finally, Gamco Investors INC. ET AL increased its position in shares of Lands’ End by 44.6% in the first quarter. Gamco Investors INC. ET AL now owns 40,048 shares of the company’s stock worth $859,000 after buying an additional 12,348 shares during the last quarter. Institutional investors and hedge funds own 62.58% of the company’s stock.

Lands’ End, Inc. (LE) traded up 1.15% during trading on Tuesday, reaching $13.25. The company had a trading volume of 26,864 shares. The firm’s market capitalization is $424.38 million. Lands’ End, Inc. has a 12-month low of $12.65 and a 12-month high of $24.80. The firm’s 50 day moving average price is $13.85 and its 200 day moving average price is $17.65.

Lands’ End (NASDAQ:LE) last issued its earnings results on Tuesday, June 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.01. Lands’ End had a negative net margin of 8.41% and a negative return on equity of 0.07%. The company had revenue of $268.37 million for the quarter, compared to analysts’ expectations of $270.10 million. During the same quarter last year, the company posted ($0.18) earnings per share. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. Equities research analysts forecast that Lands’ End, Inc. will post $0.19 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This article was first published by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://www.watchlistnews.com/bank-of-america-corp-de-has-1-69-million-position-in-lands-end-inc-le/1491761.html.

Several equities analysts recently commented on LE shares. Zacks Investment Research downgraded Lands’ End from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th. BidaskClub upgraded Lands’ End from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. TheStreet downgraded Lands’ End from a “c-” rating to a “d+” rating in a research note on Thursday, June 8th. ValuEngine upgraded Lands’ End from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Craig Hallum set a $15.00 price objective on Lands’ End and gave the company a “hold” rating in a research note on Wednesday, June 21st. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $15.00.

In related news, CEO Jerome Griffith bought 21,310 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The shares were bought at an average price of $15.46 per share, for a total transaction of $329,452.60. Following the completion of the acquisition, the chief executive officer now owns 46,407 shares of the company’s stock, valued at approximately $717,452.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Edward S. Lampert bought 128,534 shares of the company’s stock in a transaction that occurred on Friday, July 21st. The stock was bought at an average price of $13.44 per share, for a total transaction of $1,727,496.96. The disclosure for this purchase can be found here. Insiders purchased 2,115,569 shares of company stock worth $28,319,420 in the last 90 days. 0.51% of the stock is currently owned by corporate insiders.

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.

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