Capital Fund Management S.A. bought a new position in shares of Tailored Brands Inc (NYSE:TLRD) during the second quarter, Holdings Channel reports. The institutional investor bought 73,925 shares of the company’s stock, valued at approximately $1,887,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Engines Advisors L.L.C. increased its holdings in Tailored Brands by 94.1% during the second quarter. Financial Engines Advisors L.L.C. now owns 7,136 shares of the company’s stock worth $182,000 after buying an additional 3,459 shares during the last quarter. Amalgamated Bank acquired a new position in Tailored Brands during the second quarter worth $207,000. United Services Automobile Association acquired a new position in shares of Tailored Brands in the second quarter valued at $209,000. Laurion Capital Management LP acquired a new position in shares of Tailored Brands in the second quarter valued at $229,000. Finally, Element Capital Management LLC acquired a new position in shares of Tailored Brands in the first quarter valued at $226,000. Institutional investors and hedge funds own 99.93% of the company’s stock.

Several research firms have commented on TLRD. Zacks Investment Research upgraded shares of Tailored Brands from a “sell” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Saturday, September 1st. Deutsche Bank upped their price objective on shares of Tailored Brands from $28.00 to $29.00 and gave the company a “hold” rating in a report on Wednesday, August 29th. Finally, ValuEngine downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a report on Friday, June 15th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $23.33.

In other Tailored Brands news, Director Dinesh S. Lathi sold 3,000 shares of the company’s stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $27.09, for a total value of $81,270.00. Following the transaction, the director now directly owns 19,757 shares in the company, valued at $535,217.13. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.40% of the stock is owned by insiders.

NYSE:TLRD opened at $23.94 on Thursday. Tailored Brands Inc has a one year low of $13.11 and a one year high of $35.94. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 10.82, a P/E/G ratio of 0.57 and a beta of 1.70. The company has a debt-to-equity ratio of -34.32, a quick ratio of 0.45 and a current ratio of 1.97.

Tailored Brands (NYSE:TLRD) last released its quarterly earnings data on Wednesday, September 12th. The company reported $1.07 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.07. Tailored Brands had a net margin of 3.26% and a negative return on equity of 488.59%. The firm had revenue of $823.00 million for the quarter, compared to the consensus estimate of $828.36 million. During the same period in the previous year, the company earned $0.99 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. analysts predict that Tailored Brands Inc will post 2.5 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Tuesday, September 18th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Monday, September 17th. This represents a $0.72 annualized dividend and a dividend yield of 3.01%. Tailored Brands’s dividend payout ratio is currently 32.73%.

Tailored Brands Profile

Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.

Further Reading: Fundamental Analysis and Choosing Stocks

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Institutional Ownership by Quarter for Tailored Brands (NYSE:TLRD)

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